Its 2017! While the celebrations and the parties are dying down, people all over the world are chasing new beginnings and dreams, so overall, it is a happy time! This is one of the first few articles that we’re going to dole out this year and so we thought, why not make it about something
Following are some of the important changes done in the MCS Act, 1960 and also in the Model Bye-laws of Cooperative Housing societies. Condition for membership – Applicant to take 10 shares of Rs.50 each as against 5 shares. Bye law No.22 on rights of membership talks about the right to receive the notice of
Another year coming to an end, another year soon to begin! If you do not have any plans of your own to go out and celebrate new year, you can arrange a celebration inside your apartment complex for like minded folks! So here are a bunch of ideas for celebrating a memorable New Year’s event within
According to a research, 65% of people choose Apartment Living, because of the security it provides. A major part of our Apartment Maintenance Expenses also goes towards Apartment Security. Yet there are these aspects about Security, which keep bothering us: It is not difficult for troublemakers to enter the complex by writing false information in the
In a survey conducted by ApartmentADDA, more than 65% Apartment Residents responded that Security is the main reason that they chose Apartment Living. While more than 25% of the Maintenance Expense is budgeted for Security, the Gate Management in a Gated Community happens using the earliest of tools – The Register. The information of every
Here’s a 5 Step guide on how you can help your domestic help (cook, maid, driver, gardener) open bank accounts (even if they do not have ID or Address proof) and cope with demonetisation. Read about how 3 years back Adarsh Palm Meadows (a 550+ villa community) in Bangalore got bank accounts made for all their
A bold decision by Modiji to ban old Rs 500 & Rs 1000 notes, may have you worried regarding impacts on housing society accounting and management. Here’s a few tips to help you through the change. On 8th November, 2016, we saw a landmark decision being taken by Shri Narendra Modiji, which rendered all Rs.
Though we have conducted several workshops before on various topics related to apartment management and accounting, they were all conducted in Bangalore. Apartment Association Members from across the country had been requesting us to conduct similar workshops in their cities. The only way we could reach Association members across India was, if we take our workshops online.
Did you know that the most common cause of fire in residential complexes is electricity? While we gear up our housing society and individual apartments towards the upcoming celebrations of Navratri, Dussehra & Diwali, its important that we also keep fire safety precautions in mind. In Residential Communities, proper fire safety mechanism and equipments are extremely important
According to a recent circular, issued by The Maharashtra State Police Department, the Government has implemented an addendum to The Maharashtra Ownership Flat Act-1963 ( MOFA) & the MRTP Act 1966. According to the circular, builders are liable to be jailed for 3 years, 5 years or 9 years depending upon the nature of violation of