Structural Audit of Building: Process & Guide
A structural audit of a building is a critical assessment for a building's structural integrity to determine its overall condition and identify potential risks. As buildings age, they are subjected to various challenges, such as weather, seismic activity, and normal wear and tear. </
Transfer Fees of Society in Maharashtra: What Every Resident Should Know
Buying or selling a flat in a cooperative housing society involves more than just registering the sale deed. One important cost is the transfer fee charged by the society, but many residents are unsure about the legal limits and applicable rules. This guide explains the transfer fees of s
Guide to Auto Reconciliation in Housing Society Accounting
Managing maintenance payments is one of the most time-consuming tasks for treasurers of housing societies. Matching hundreds of transactions to bank deposits manually can lead to delays, errors and audit challenges. Auto reconciliation makes this process easier by automatically matching p
What is a Corpus Fund? Benefits, Rules and Calculation
A financially healthy housing society needs careful planning not only for day-to-day operations but also for long-term stability. A crucial element in achieving this is the corpus fund, a dedicated reserve that allows societies to handle maintenance, upgrades, and unexpected expenses smoo
GST on Housing Society Latest Advance Ruling
The issue of GST applicability on cooperative housing societies has remained a grey area since the introduction of GST in 2017. Over the years, multiple advance rulings and CBIC clarifications have attempted to define how GST applies to maintenance collections, membership fees, transfer c
Co Operative Society Home Loan Interest Rate in India
Many people feel getting a home loan through a cooperative society can be confusing, as interest rates, eligibility criteria, and lending rules often differ from society to society. Many buyers struggle to understand whether society loans are cheaper or riskier compared to banks. In India
Society GST Registration Documents Required, Process and Rules
GST registration can become challenging for housing societies and resident welfare associations because the document requirements are unclear and the rules are frequently changing. Missing a single paper or entering incorrect details can delay approval or even lead to rejection. If your s
Best Accounting Software for Housing Society
Managing finances in a housing society can quickly become complicated without the right tools. The best accounting software for housing society helps automate billing, track expenses, and generate financial reports in one place. It reduces manual work, improves transparency, and makes lif