Can Society Terminate Development Agreement With a Builder in India?
Yes, a housing society can terminate a development agreement with a builder under specific conditions. Courts across India, including the Bombay High Court, have held that a society may not be required to continue with a developer who has repeatedly failed to meet its contractual obligati
Annual General Meeting Report Sample for Housing Societies
An annual general meeting report sample for a housing society has four core parts: the AGM Notice and Agenda, the Secretary's Annual Report, the Chairman's Report, and the Audited Financial Statements. Together, these documents give every resident a clear picture of how the society was ma
Who is the Registrar of Cooperative Societies? Roles, Powers and Duties
The registrar of cooperative societies plays a huge role in making the operation and regulation smooth and suitable for all its users. As the real authority and head of the cooperative societies, the Registrar guarantees transparency, solves disputes, and maintains legality. Performing in
What is Stilt Parking? How it Works, Rules and Benefits
In today’s crowded cities, finding safe parking is a daily problem for many apartment residents. Stilt parking is a smart solution for this. In this setup, the parking area is built on strong columns, creating a stilt floor that is usually 8–9 feet high. This helps save ground space, whic
BBMP Solid Waste Management
Residents in Bengaluru usually experience issues such as delayed waste collection, confusing guidelines for waste segregation, high waste management expenses, and penalties for violations. On the other hand, housing societies should also follow the newly revised BBMP solid waste managemen
RWA Income Per Month: How Societies Collect and Manage Funds
Knowing the RWA income per month is important to understand how a residential community collects, manages and spends its funds. This guide explains the main sources of RWA income, the typical salary ranges for staff, whether committee members receive a salary, and the GST rules that can a
Supreme Court Judgement on Society Maintenance Charges
The Supreme Court of India has clarified the legal process of apartment maintenance charges and responsibility in residential societies. These rulings define the responsibilities of the developers, Resident Welfare Associations (RWAs), and homeowners in managing the maintenance fees
FAQs on Apartment Billing Software
1. How do I import historical financial data into a new apartment management billing system? First, reconcile your closing Trial Balance, individual unit dues, advances and bank ledgers right up to your chosen mig