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Real Estate Forum on Housing Society

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: HSG society is required to register
if total income exceed the threshold 20L
and
pay GST only
if the monthly maintenance fee exceeds 5000 per flat or any flat having above the threshold.
Also society has to pay the GST on other charges levied on the members and non members.Also society has to pay GST on reverse charge basis for any Goods services supplied by an unregistered person or on specified RCM services i.e. advocate services etc.

Latest Answer: Impact of changes post GST council meeting dated 06 Oct 2017 1 Quarterly Return filling if Society is turnover or annual receipts are less than 15 crore than SocietyRWA is require to file quarterly returns instead of monthly return 2 No RCM on purchases There wont be any RCM on input Purchases Section 94 CGST And 54 IGST from unregistered dealers so no more GST liability on RCM till March 2018 3 No Requirement to pay GST at the time of receipt of advances if taxpayer having annual turnover below 15 crore All these amendments will provide relief to the small tax payers and the CHSRWA in following the GST compliance requirement
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Q: Now builder must hand over all documents to society.

Latest Answer: It is not true. Because the forum found that there was no evidence to prove the builder's dispute that the draft of the conveyance deed had been sent to the Society for approval. Similarly, there was no documentary evidence to prove that the builder had handed over the original title deed and other documents.
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Also see discussions for
Q: The housing society has imposed additional fee of Rs.450/Month on flat which are rented out. I have not found such a fee anywhere in India, is this legal.

Latest Answer: What if it is rented out? They are taking all the fees as usual right? When there is no change in it, why should they charge extra? All of you together question them and demand to stop imposing this extra charges..
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Also see discussions for
Q: Recently my husband bought an apartment in Sarjapur Road, Bangalore. I keep hearing a lot of terms like housing society, owners' association, etc in small get togethers and parties. Please help me with the terms so that I do not feel out of the place.
Latest Answer: It is always good to get a society registered to be legally enforceable with certain rights.
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