5 Conflicts Every Housing Society Faces

In recent years, there has been a steady rise of housing society woes owing to varied reasons and circumstances. Homeowners, who often dreamt that their issues will end with the possession of the property, now find themselves dealing with multiple problems related to the management of the housing societies. Here are 5 common conflicts that Read more about 5 Conflicts Every Housing Society Faces[…]

How and Why to Celebrate Eco-Friendly Holi wherein Our Housing Society Is Benefited

How and Why to Celebrate Eco-Friendly Holi wherein Our Housing Society Is Benefited Celebrating Diwali in a society makes for an enticing proposition. With all the children splashing water balloons and colors while the oldies settle for a day under the sun while gorging on gujiyas makes for a delightful scene. That notice on the Read more about How and Why to Celebrate Eco-Friendly Holi wherein Our Housing Society Is Benefited[…]

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[…]

Ways to tackle property issues with builders

Once the buyer takes a possession of the unit, there is no bigger joy. However, the joy could well be short lived once issues related to documents, maintenance and miscellaneous repairs start cropping up. Despite following up with the builders, most home owners have a hard time tackling the property issues, often leading to conflicts. Read more about Ways to tackle property issues with builders[…]

Benefits of Payment Gateway

Benefits of Payment Gateway in Housing Society

Taking time out of a hectic day and visiting the housing society office or the committee members of the housing society is a task that every resident would want to avoid. The housing society related payments compels residents to do just that. Running behind the society office members for making the payment and collecting the Read more about Benefits of Payment Gateway in Housing Society[…]

Police Verification for Domestic Help – Hassle v/s Safety!!

In today’s word no can one can think to live without a domestic help. Be it part time Maid / domestic held, Cook, Babysitter, Nanny, Gardener or Driver. The most of the resident hire household help through reference neighbor, friends, relatives etc. or if a particular household help is working in several houses and believes that Read more about Police Verification for Domestic Help – Hassle v/s Safety!![…]

building without managing sinking fund, with sinking fund

Sinking Fund Calculation and Utilization

Sinking Fund is not a new word in Co-operative Housing Society. Most of the members/managing committee members to make a suggestion to use such sinking fund for society related activities or debate its utilization/calculation without understanding its legal implication. So lets’ understand how the word “Sinking Fund” is defined; As per Wikipedia “A sinking fund is a Read more about Sinking Fund Calculation and Utilization[…]

GST-Impact on Housing Society

Impact of GST on Housing Societies

Multiple taxes, even across state borders, has always been known to make the trade in India expensive and complicated. GST (Goods and Services Tax) is a fiscal reform being made to introduce a single taxation system across the entire nation. Manufacture, distribution, and provision of goods and services, fields that pay indirect taxes, will be Read more about Impact of GST on Housing Societies[…]

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[…]

Consumer Protection Act for strengthening housing societies

What is consumer protection Act? Consumer Protection Act makes provisions to protect the consumers from fraudulent dealings. It guides the consumers with the procedure for safe transactions and helps them get justice when cheated. With the increasing demand and sale of apartments in housing societies, the number of frauds relating to it has been increasing Read more about Consumer Protection Act for strengthening housing societies[…]