Difference Between KSRA and KAOA

The Karnataka Societies Registration  Act of 1960 and Karnataka Apartment Ownership Act of 1972 (KSRA and KAOA respectively) have 6 notable differences among them. They are as follows: 1. Eligibility…

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Society Bye Laws – Active and Non Active Members

Society Bye Laws with regards to active and non-active members are a must know for any apartment complex. When you are using an Apartment Management Software like ADDA, you can…

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Car Parking Rules In Apartments

Rules Pertaining To Car Parking in Apartment Complexes

Two wheeler or car parking spaces have often been a matter of prime concern for several apartment complexes. Often there are some disputes like allocation of spaces or the fee…

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5 Questions from the Campa Cola case

  “Now that the loan has been cleared, I have lost the house.” – A Campa Cola Resident. Most of us have been following the case of Demolition of Campa Cola…

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10 Features of the Real Estate Bill 2013

Over the next 8 years, every year an average of 8.5Lakh Apartments (Units) will be constructed across the 6 major Real Estate Markets in India. Many of these new constructions…

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Maharashtra Co-Operative Societies (MCS) Act 1960 : Amendment of Feb-2013

In October 2012, the Centre had asked state governments to amend their respective State Cooperative Society Act in tune with the Constitution (97th Amendment), 2011 before February 14 of 2013….

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Service Tax for Housing Societies – Clarity

The Budget of July-2012 has given considerable clarity about Service Tax for Housing Societies. Right after the Budget we had presented the interpretations in this article. The article included inputs…

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Income Tax on Society FD and the “Doctrine of Mutuality”.

A Residential Society* collects Funds from its Members and pays for Common Expenses from such Funds. The Society does not pay Income Tax for any Excess of this Income over…

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Completion Certificate and Occupancy Certificate

The Completion Certificate and the Occupancy Certificate are two important certificates builders and residents must be mindful of. This blog shall discuss both in details. COMPLETION CERTIFICATE Upon completion of…

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What is Corpus Fund for Apartment Communities

In the context of Co-operative Housing Societies (CHS), Apartment Owners Associations (AOA), Residents Welfare Associations (RWA): The Corpus Fund is typically handed over by the Builder to the Society / Association….

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