Clear your dues before lodging your complaint to housing society registrar

Posted on by rajeev

Government of Maharashtra Co-operation & Textile Department has issued Circular No. Co. Hsg. Scheme / Cir. No. 365/14 dated 2nd November, 2002 to all Registrar Offices for handling of complaints of members of the societies who are not paying their monthly charges to the society. The gist of the circular is as under: Co-operative Housing Society Read more about Clear your dues before lodging your complaint to housing society registrar[…]

Election procedures for Housing Societies have changed

Posted on by rajeev

In 2013, Government has amended the Maharashtra Cooperative Societies Act, 1960 on 13th of August and introduced a new election procedure for cooperative housing societies as per the amended provisions of section 73 CB (1) in the State Cooperative Election Authority. There are two categories as per housing societies; first is Housing Societies having 200 Read more about Election procedures for Housing Societies have changed[…]

Terrace or Parking in housing society can not be sold or purchased

Posted on by rajeev

It is observed that in some cooperative housing societies, the terraces have been purchased by the resident which was purportedly sold by the developers, also in some of the societies; top floor flat owners have claimed their right/ownership in connivance with the members of the Managing Committee. Well whether it’s purchased or claimed the right Read more about Terrace or Parking in housing society can not be sold or purchased[…]

No stamp duty on transfer of properties to spouse, kids

Posted on by rajeev

In a welcome move by the Maharashtra State Government on the Maharashtra Stamp Duty Act, the state on Wednesday introduced a Bill amending the said act to scrap the stamp duty on transfer of residential or agricultural property to wife, husband, son, daughter, grandson, and grand-daughter. At present, the stamp duty is 5% of the market Read more about No stamp duty on transfer of properties to spouse, kids[…]

Non Occupancy Charges can not be more than 10%

Posted on by rajeev

After the consideration of the Committee’s Report, the state Government issued an Order dated 1.8.2001 in Public Interest under Section 79 A of the said Act, there by directing the Societies not to charge non-occupancy charges beyond 10% of the service charges (excluding Municipal Taxes) The levy of non-occupation charges has been a controversial issue Read more about Non Occupancy Charges can not be more than 10%[…]

Why is Nomination Necessary in Housing Society?

Posted on by rajeev

If a member of Co-operative housing society dies, what happens to his or her membership in the society? In case there is no proper nomination made by the deceased member, what is the position of his or her heirs as to the property rights? What should be done by a member to avoid any confusion Read more about Why is Nomination Necessary in Housing Society?[…]