Terrace in co-op housing society cannot be sold or purchased

terrace

By Accommodation Times News Services It has been reported that in some co-op housing societies, terraces have purportedly been sold by the developers, also in some societies, top floor flat owners have claimed ownership of terraces, with the connivance of office bearers. Whatever the case may be, the position is absolutely clear that no open spaces More...

by Staff Reporter | Published 2 years ago
affordable housing
By Staff Reporter On Thursday, December 18th, 2014
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Can Society transfer the Share Certificate in the name of the nominee in spite of objections from legal heirs?

By Accommodation Times News Services A  person has been nominated as a legal nominee by the deceased member in the records of a co-operative housing society. The said deceased husband died in Mumbai in 1999, leaving More...

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By Staff Reporter On Tuesday, December 16th, 2014
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Transfer fees is just 2.5% of difference

By Accommodation Times News Services Although Bye-law clearly says that the amount of transfer fee should not exceed Rs. 25000/-. Many housing societies in Maharashtra are still charging ad-hoc transfer fees. Sometimes More...

vector-skyline-8
By Staff Reporter On Monday, December 15th, 2014
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You can use Residential Premises for Professional Purposes

Accommodation Times News Services - By Tarun Ghia, Chartered Accountant 1. Can a residential property by used for professional purposes or business office purposes ? A. USER of Residential premises for professionals More...

traffic
By Staff Reporter On Monday, December 15th, 2014
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Stilt Parking Can Not be Sold: SC

By Accommodation Times News Services Now no builder can sell parking space under stilts separately, the Bombay High Court has ruled that stilt parking space is a common parking space available to members of a housing More...

traffic
By Staff Reporter On Monday, December 15th, 2014
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Before Formation of Society why Builder can not Allot Parking ?

By Accommodation Times News Services Because builder/developer/promoter are entitle to deal with the FSI, not about the space which is not considered in FSI. When the flat purchaser comes in Sathe Khat or/ Agreement More...

Leave & Licence agreement
By Staff Reporter On Thursday, December 11th, 2014
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Double the Monthly License Fee Payable

Accommodation Times News Services By Legal Cell With the passage of the time the system of giving properties on leave and license basis in Maharashtra is taking roots, but still a good number of the property owners More...

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By Staff Reporter On Thursday, December 11th, 2014
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Service charges in Coop. Society

Accommodation Times News Services By Hemant Agarwal, Legal Consultant SERVICE & MAINTENANCE CHARGES: 01.  Under, “The Maharashtra Co-Operative Societies Act I960″,  ONLY a Registered Coop. Society,  is More...

law
By Staff Reporter On Thursday, December 11th, 2014
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Land Lord can terminate Development Agreement : Bombay High Court

By Accommodation Times News Services In a case Chaurangi Builder v MADC Hon Bombay High Court had decided that Land Lord can terminate Development Agreement. The hon Court held that if Builder Stops construction More...

builders pay taxes
By Staff Reporter On Tuesday, November 4th, 2014
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Service tax on free area given to members of society in redevelopment project

Accommodation Times News Services By CA Pathik Shah In Mumbai, many building are becoming older than 35 to 40 years and such building require redevelopment. Also due to shortage of land, rising population innovative More...









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