Sinking furn introduction in Housing Society what are guidelines to follow and ref sites if nay

Q: Introduction of sinking in housing societies , rules and guidlines to be followed

pai, Apartment Resident

15th July 2013

Buying property in Bangalore

sinking fund

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Hi Pai, You can check this article link Handover from builder and Corpus fund for Apartment maintenance for further information about sinking funds

Harsha Mahipal , Bangalore

16th July 2013

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In accordance to Co-operative Housing Societies, a sinking fund consists of contribution from all members, at the rate fixed at the General Body Meeting from time to time, subject to the minimum of of 0.25 percent per annum of the construction cost of each flat.

Mangal P, Bangalore

16th July 2013

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