Can Housing Society Invest in Mutual Funds?
Cooperative housing societies now have a powerful new financial tool: mutual fund investments. An amendment to the Indian Trust Act, 1882 has opened doors for over one lakh cooperative housing societies (CHS) across India to invest in mutual funds and shares a major shift from earlier rul
How to Save Capital Gain Tax on Sale of Residential Property in India
Selling a home in your society is a big financial decision, and taxes should not eat into the profit. Fortunately, the Income Tax Act provides several legal ways to reduce or even eliminate capital gains tax. This guide explains what counts as capital gains, how they are taxed, and how to
Model bye laws of co operative housing society - Rules and Regulation
The bylaws play an important role in a housing society. They help to regulate the people in the society as well as run the society. All these rules and regulations that the society has set are to ensure that the functionality of the society and daily activities are properly maintained so
10 Safety Rules at Playground for Children in Gated Societies
Keeping kids safe at the playground in a housing society doesn’t have to be tough. Did you know that around 40% of playground injuries in India happen because of unsafe play areas? Simple actions like checking equipment regularly, keeping surfaces clean, and ensuring an adult is always ne
No Occupancy Certificate Needed for Small Bengaluru Buildings
Building a house on a small plot in Bengaluru just got simpler. The Karnataka government has announced that homes constructed on sites up to 1,200 sq. ft. will no longer need an Occupancy Certificate (OC). This is a great relief for homeowners and small-scale builders who have long strugg
Solar Panel Maintenance: Costs, Tips and Checklist
Solar panel maintenance is a long-term investment that can deliver clean energy for 20 - 25 years. But like any other system, they need regular care to keep working at peak efficiency. Many homeowners ask: Do solar panels need a lot of maintenance? The truth is, solar panels are low-maint
Guide to Goa Cooperative Societies Act, 2023
The Goa Cooperative Societies Act 2023, is an amendment to the Goa Cooperative Societies Act 2001. The Goa Government implemented this act on October 18, 2023 and it came into force on November 1,2023. The purpose of implementing this Act is to frame loan policies, eliminate the technical
What is the Plinth Area? Meaning, Formulas and Calculation
When navigating the world of real estate, understanding property measurements is essential. One of the most important terms is the plinth area, but it is often confused with the built-up area and carpet area. Knowing the plinth area meaning can help buyers, sellers, and homeowners better