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[…]

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Online Payment on Mysocietyclub is easy with Paytm now

Great News for Cooperative Housing Society Members! Mysocietyclub now has UPI (paytm) available for collecting Maintenance bills and any dues payable by society members to the Housing Society. By using this the payment is directly made to the respective bank account Why Paytm? India’s No.1 wallet and payment app for mobile prepaid recharge, postpaid & Read more about Online Payment on Mysocietyclub is easy with Paytm now[…]

Legal Compliance for Cooperative Housing Society

Legal Compliance Framework – Cooperative Housing Society

Many a times we have seen that Managing committee fails in legal compliance not because of time but just due to less awareness on the various compliance required by law. The recent changes (yet to receive consent from Governor of Maharashtra) in Maharashtra Cooperative Society Act, proposed a Fine of 25000/- (Rupees Twenty-Five Thousand) in Read more about Legal Compliance Framework – Cooperative Housing Society[…]

What to choose when buying a Housing Society Management Software?

What to choose when buying a Housing Society Management Software?

Managing a residential society with plenty of members can be a daunting task, especially when it comes to keeping a track of day-to-day activities like record keeping, security check-ins, billing, invoice, meeting schedules, event reminders, maintenance etc. While manual management of such activities is an uphill task but with great technological solutions, it can be Read more about What to choose when buying a Housing Society Management Software?[…]

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[…]

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[…]

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[…]

Key Benefits of Building Redevelopment

Key Benefits of Building Redevelopment

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[…]

Whether all the members are supposed to pay charges for using & maintaining lift?

There has been a lot of confusion regarding the payment of the maintenance and repair charges, regarding the use of the lift in Housing Co-op. Society. It would be important to mention here that some of the Societies are still following the old bye-laws, whilst most of the Societies have adopted the Model Bye-Laws. In Read more about Whether all the members are supposed to pay charges for using & maintaining lift?[…]

Safety Measure for Housing Societies

As Mumbai has seen in a increase in crime rates every other day and we all read it in the newspaper and fear for the same to happen to us. I request you to take an active role in your housing society to ensure safety of family and friends. Each and every one of us Read more about Safety Measure for Housing Societies[…]