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30
Aug
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... Continue reading
29
Aug
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... Continue reading
23
Aug
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... Continue reading
23
Aug
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... Continue reading
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