by Meera | Aug 2, 2016 | Blog, Insights
Existing Model: 1. Cost + Margin Model: This means that the society bears the cost of service + a margin of anywhere between 15% to 25% for any service rendered. This margin is claimed by the existing manager as “Arranger/ Administrative Fee”. Drawbacks of this...
by Meera | Aug 2, 2016 | Blog, Insights
A healthy residential community is made up of individuals who are actively learning how to be neighbors, citizens, and leaders. Each and every member has a part in the success of a community. In choosing to live in a co-operative housing society or an association of...
by Meera | Mar 8, 2015 | Blog, Insights
For election to the Committees of cooperative societies Sub-Section (1) Section 73CB of the M C S Act 1960 is relevant: Sub-Section 1 QUOTE: (1) The superintendence, direction and control of the preparation of the electoral rolls for, and the conduct of, all...
by Meera | Mar 2, 2015 | Blog, Insights
Many Builders , Developers Sale parking slots to the members and issue a simple letter specifying the description of space allotted. However this is against the directives of Supreme Court of India which states all open spaces belong to the society and further sale of...
by Meera | Dec 15, 2014 | Blog, Featured, Insights
A healthy residential community is made up of individuals who are actively learning how to be neighbors, citizens, and leaders. Each and every member has a part in the success of a community. In choosing to live in a co-operative housing society or an association of...
by Meera | Dec 9, 2014 | Blog, Featured, Insights, News, Q&A
Nearly 85% of co-operative housing societies (CHS) in Mumbai alone do not have conveyance from their builders. It is the same elsewhere in Maharashtra. “Although the process is simple, people find it difficult to collect required documents from several...
