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[…]
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[…]
If you are an office-bearer in a building or a township’s registered cooperative housing society, you could find yourself serving as a booth-level volunteer during the polling days very soon. A rather forced move by the Maharashtra government, it has declared that the Chairmen and Secretaries of Cooperative Housing Societies have to serve as volunteers Read more about Cooperative Housing Chairman & Secretary for Election Duties[…]
We have discussed various benefits, Procedure, Guidelines & Key Steps one should take when going for the building redevelopment so as to avoid complaints from the members. Suggested steps will help a smooth process of redevelopment and bring harmony to the members and office bearer. However, it’s equally important that we also pay our attention Read more about 15 Important Clauses of Redevelopment Agreement[…]
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[…]
Water scarcity is becoming one of the major threats of modern world. According to UN predictions, by 2025, 1.8 billion people would live in regions of “absolute water scarcity”. This clearly shows that something more innovative than the conventional water treatment plants and rain water management systems are the need of the hour. Omni Processor Read more about Omni Processor : Alternate for Water Scarcity in Apartments[…]
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[…]
There has been a lot of debate as to what is the lifespan of buildings (RCC structure) in India when you talk about building redevelopment? Some people have an opinion that RCC buildings can last for 50-80 years and hence there is no need to go for building redevelopment. As per the experts, the conservative Read more about Key Benefits of Building Redevelopment[…]
It’s important for the Managing Committee of the Hosing Society to keep them self updated on the various compliance requirements as listed below. Is it mandatory to adopt Model Bye-laws? Yes. In accordance with the 97th constitutional amendment 2013, it is must for the housing society to adopt the Model bye-laws in your society. You Read more about SOCIETY BLUES : CONCERNS & ISSUES[…]
Did you register your name in the voters’ list for the assembly and general polls? Yes! Now it’s time to ensure your name is also registered in the electoral roll of your housing society with the deadline for elections five weeks away. It’s important for the residents to ensure their membership formalities are completed and Read more about Can Non-Payment of Housing Society Bill be a Disqualification for Society Committee Election?[…]