Overview Snapshot Chapter XI-B introduces a dedicated statutory framework for cooperative housing societies, putting several important aspects of managing committee functioning, meetings, vacancies, expenditure and society funds directly into the Maharashtra Co-operative Societies Rules, while retaining Registrar-approved bye-laws as the society’s core governance framework. The Meeting Where Nobody Could Answer a Simple Question A committee approves a ₹2,80,000 lift repair without calling a General Body meeting. Nobody objects at the time. The lift needed fixing, the quote seemed reasonable, and the committee has approved bigger repairs than this before without anyone raising an eyebrow. Three months later, at the AGM,... Continue reading
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Overview Snapshot The Supreme Court has never issued a ruling that fixes one formula for calculating society maintenance charges. What it has confirmed, across several judgments, is that paying maintenance is a legal obligation for every flat owner, that unpaid dues do not simply expire with time, and that funds collected under mutual contribution are not taxed as society income. Key points to know before reading further: The Search That Sends Every Committee Down the Wrong Rabbit Hole Few housing society disputes spread faster than an argument about maintenance charges. One member quotes a court judgment, another produces a WhatsApp... Continue reading
Overview Snapshot GST at 18 percent applies to society maintenance charges only when two conditions are both met, the monthly charge per member exceeds ₹7,500, and the society’s annual turnover crosses ₹20 lakh. Below either threshold, maintenance charges stay exempt under Entry 77 of Notification 12/2017. The Bill That Started an Argument at the AGM Few maintenance bill questions create as much confusion in a housing society as GST. A monthly charge can look straightforward on paper until someone asks whether tax should be added, whether the threshold applies to the full maintenance amount, or whether a court ruling has... Continue reading
In the realm of Housing Society Management, adopting a customer-centric approach is crucial for fostering strong community relationships and ensuring operational success. This approach prioritizes the needs and experiences of residents, leading to enhanced satisfaction and long-term loyalty. Tick Boxes exemplifies this strategy by integrating customer-centric principles into its services, transforming the management of housing societies. Understanding Customer-Centricity Customer-centricity is more than just a business strategy; it’s a commitment to placing the customer at the heart of all decisions and operations. This approach involves understanding and anticipating customer needs, delivering exceptional experiences, and building lasting relationships. By focusing on residents’... Continue reading
Housing societies in urban areas like Mumbai face a myriad of challenges that can hinder their smooth functioning and affect the quality of life for residents. These challenges range from administrative burdens to member reluctance and require effective solutions to ensure efficient management. Tick Boxes, a leading Society Management Service Provider, addresses these issues with tailored solutions, enhancing the overall living experience. Common Challenges Faced by Housing Societies 1. Administrative Burdens Administrative tasks in housing societies can be overwhelming. Managing records, financial audits, and compliance with regulations are time-consuming and often lead to errors when handled manually. This not only... Continue reading