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Showing posts from July, 2015

Redevelopment of Cooperative Housing Society in Maharashtra

Recently, I had the occasion to deal with a Redevelopment of the Building of a Co-operative Housing Society; and therefore, I am pleased to share the process involved in Redevelopment. Maharashtra Govt, by way of a Circular, have prescribed a procedure to be followed whilst Housing Societies sought to redevelop their Building. As per the directive under Section 79(A) of Maharashtra Co-operative Societies Act, 1960, to all the Co-operative Housing Societies in the State of Maharashtra. Regarding Redevelopment of Buildings of Co-operative Housing Societies. GOVERNMENT OF MAHARASHTRA No. CHS 2007/CR554/14-C Date: 3rd January 2009 Whereas, buildings of Co-operative Housing Societies in the State of Maharashtra are being redeveloped on a large scale. A number of complaints were received from members against managements of Co-operative Societies in which redevelopment is taking place. In respect of most of the Co-operative Housing societies, nature of co