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apartment owners association

Apartment Ownership Act: MMR vs NCR vs B’lore

Apartments and high-rises have altered the skyline of most big cities in the country. Formation of apartment association is imperative for most of these communities so as to ensure smooth and proper functioning. Above all, apartment owners or residents need to be aware of all the laws and regulations that govern their future protection of […]

nikunj.j

Co-operative housing society and the concept of mutuality

One of the most complex concepts in income tax act over the years has been the understanding of doctrine of mutuality. Different people and organizations decipher the doctrine as per their understanding, which often lead to confusion and possible law suits. Let us try and take a look at the core principles behind the doctrine […]

Apartment owners’ association: A helpful hand in need

Today’s society is driven by insecurity and fear, fear over losing their financial investments and properties. Realty market is not an exception to this fear and insecurity. Financial insecurity results in disruptive market sentiments in end users and inhibits their purchasing power indirectly. This considerably lowers the demand for properties in the realty market. Apartments […]

antone

Maintenance charge for apartments: A guide

For those who are in love with their gated apartment community, the hefty monthly maintenance bill comes as an inevitable onus that has no escape route. Many property owners end up paying huge maintenance bills that run up to Rs 5000 per month for a 1000 sq ft apartment. This can be attributed to the […]

The Maharashtra Society Registration Rules 1971

Maharashtra Society Registration Rules act was passes by the legislative assemble of the state of Maharashtra in 1971. The set of rules underline the process and documentation required for successful registration of any society in the state under the umbrella of society registration act of 1860. Understanding the Terms Used Here is a list of […]

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