Audit-in-housing-society

Society Annual Audit & Reporting

It’s time for audit! I am sure most of the societies are now busy with connecting / follow-up with their accountant to complete the accounting work of last financial year so as to schedule the annual audit for the last financial year. Before we discuss the some of the key points each society needs to Read more about Society Annual Audit & Reporting[…]

cooperative-housing-society-building

Care and Precaution of Housing Society Building

A Housing Society Building, however sound it may be, needs regular maintenance to keep it in healthy condition. However, awareness in this respect is lacking in the occupants, which is evident from the condition of buildings in Mumbai. Occupants who spend liberally for decoration of their premises do not show the same spirit when they Read more about Care and Precaution of Housing Society Building[…]

Home warranty: Power and security to home buyers

With each builder working on numerous projects at the same time and the construction getting completed in no time, the quality of the construction has become a serious issue of concern to the home buyers/ owners. Here is where home warranty comes to use. Home warranty is a contract provided by most of the renowned Read more about Home warranty: Power and security to home buyers[…]

Pradhan Mantri Awas Yojana: Know your Facts

The Pradhan Mantri Awas Yojana (PMAY) is a ray of hope for the urban Indian poor, who either do not have a roof of their own or who live in poor sheltered structures or rented houses. Launched in June 2015, it is a flagship scheme started by the current NDA government and upholds the motto Read more about Pradhan Mantri Awas Yojana: Know your Facts[…]

RERA – Real Estate (Regulation and Development) Act 2016

After a lot of anticipation, Real Estate (Regulation And Development) Act 2016 (RERA) has finally come into the force, effectively 1st May 2017, and all the realty projects, the new and the on-going alike, need to be registered under state Regulatory Authority within three months, before 31st July 2017, as per the Government’s mandate. What Read more about RERA – Real Estate (Regulation and Development) Act 2016[…]

Modern World, Modern Needs: Decoding the Popularity of Housing Societies over Independent Home

As the prices of residential properties soar higher, it is extremely important to be very precise with your choice of property. Young home buyers are looking for luxury houses with modern amenities at affordable prices. As the focus shifts back to living life “King Size”, the buyers prefer to invest in properties with high returns. Read more about Modern World, Modern Needs: Decoding the Popularity of Housing Societies over Independent Home[…]

Building Redevelopment

Redevelopment : Procedure, Guidelines & Steps

In the State of Maharashtra, there are large numbers of projects under process for Re-development of the Building of the Co-op. Hsg. Societies. There have been numerous complaints from the members against the Management of the Co-op. Hsg. Societies for various steps managing committee has taken for the building re-development. The main reasons we observed Read more about Redevelopment : Procedure, Guidelines & Steps[…]

Real Estate (Regulation and Development) Bill (RERA)

There are many frauds like fake promises, project delay, deviation from approve plan, cheating over titles & conveyance, rental returns trap, untimely approvals, hidden charges, formation of project based company to reduce liability / legal issue etc. by the builder lobby, were in the life time earning of a common person has been eaten by Read more about Real Estate (Regulation and Development) Bill (RERA)[…]

Upcoming Property Investment Options In Navi Mumbai

Mumbai, the city of dreams is growing at lightening speed itself. The construction phase began in early 1970’s and is ever increasing. Navi Mumbai is rapidly growing with some awesome and wonderful properties investments that you can get your hands on. Its construction is managed completely by CIDCO. It has a large number of financial Read more about Upcoming Property Investment Options In Navi Mumbai[…]