Haryana housing societies have to charge Rs 10,000 as transfer fee

By Realty Quarter Bureau The Haryana government has notified the Haryana Registration and Regulation of Societies (Amendment) Rules, 2018, under which housing societies cannot charge more than Rs 10,000 as transfer fee in case of change of ownership of an apartment. According to the notification issued last week, the Society will also fix maintenance charges. These charges will be fixed on the […]

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Separate Cell to monitor unregistered housing societies in state

By Realty Quarter Bureau State Minister Co-operation Shri Subhash Deshmukh has announced a separate cell to monitor the unregistered housing societies in state. According to the statistics only 90,000 societies have been registered with the departments. He said, ‘’this has been a long-standing demand as a separate unit can help with registrations and also help societies with their conveyance, auditing […]

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State to have separate offices for housing societies issues

By Realty Quarter Bureau A senior Cooperation department official said that there are around one lakh cooperative housing societies in the state, with around two crore people living in them The Maharashtra government will set up a separate office to deal with issues concerning cooperative housing societies to protect the interest of residents, state cooperation minister Subhash Deshmukh said. “The new chapter (technical term […]

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Co-operative Housing Societies in Maharashtra now be investing in mutual funds & shares

By Realty Quarter Bureau In a recent notification of Amendment section 20 of Indian Trust Act now more than 1lakh co-operatives housing societies in the state will be able to invest in mutual funds and shares. The cooperative housing societies are governed by the Maharashtra State Cooperative Societies Act 1960. The Act clearly says that a cooperative housing society can invest […]

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