What is Active Member housing society
One who has purchased and owns a Flat / Unit in the Society. One who attends at least one General Body Meeting of the Society in the previou...
Monday, 27 August 2018
Common Areas and Facilities housing society
The land on which the building is located; The foundations, columns, girders, beams, supports, main walls, roofs, halls, corridors, lobbies,...
Open terraces in housing society
Open terraces means terraces which are otherwise not in the exclusive possession of any of the Members.
What is Open space housing society
Open space means an Area, forming a integral part of the site, left open to sky.
What is Major Repair Funds
Major Repair Funds means a Fund created by the Society and constituted under Bye-law No. 13 (b), for the purpose of Major Repairs including ...
What is Sinking Fund
Sinking Fund means the fund constituted under the Bye-law No. 13(c);
Repairs and Maintenance Fund housing society
Repairs and Maintenance Fund means the fund constituted under the Byelaw No. 13(a);
Reserve Fund housing society
Reserve Fund means the fund constituted under the provisions of Section 66 (1) of the Act and the Bye-law No. 12(i);
Rules in Co-operative housing society
Rules means the Maharashtra Co-operative Societies Rules, 1961;
Promoter Builder housing society
Promoter Builder means a person and includes a partnership firm or a body or association of person, [whether registered or not] who constru...
