India’s First Housing Society on Payment Gateway

Asvini Amarisa, the 246 apartment complex in Ramapuram Chennai has made its place in the history of Tech-enabled Housing Society management. Their claim to fame is that they were the first Housing Society in India to use Online Payment Gateway to collect receivables from Members.

The deployment of the Amarisa ADDA happened in 2011,  under the leadership of Mr. Kanti Memani (President), Mr. Ravickumar M (Secretary) and Mr. Srihari G (Treasurer).  Mr. Srihari who is also a Chartered Accountant did the migration of existing Accounting data to ADDA and bursted the myth that Indian Chartered Accountants can’t use software that is not Tally 🙂

Asvini Amarisa Executive Committee 2011-2012. (L to R) Mr. Kanti, Mr. Ravi (magicravi), Mr. SriHari.

Here is a Testimonial from Mr. Srihari:

ApartmentAdda is really an efficient tool for Association management activities, and it really makes life easy for all the management committee Members in all areas including treasury management.

ADDA really changed the environment in a very positive manner and created credibility among the members about treasury related areas. It helped in realizing the arrears of maintenance collections from many residents. Major amount has been realized in Asvini Amarisa after we got onto “ApartmentAdda” as many non resident owners are able to see their Due details online and are also clearing the due via “payment gateway” integrated with our accounting system maintained in Apartment Adda.

The Apartment Adda team is very good and supportive and always helpful to address the issues in a timely manner.

Wishing many happy Management Committees to the Amarisa ADDA!

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About the Author: San Banerjee

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