common maintenance charges

Maintenance charges or service charges are levied by all cooperative housing societies to cater for expenses incurred. The basis on which the society charges will be shared by each apartment unit is decided by the Cooperative Housing Society. As per the model bye-laws of the Maharashtra Ownership of Flats Act (MOFA), each housing society must […]

The importance of an apartment owner’s association: An apartment association is an assembly formed by the apartment owners to manage innumerable apartment issues based on the bylaws. Bylaws are a set of rules and regulations formed for the peaceful functioning of an apartment. Every apartment association has to be registered with a unique name so […]