Franking Charges in Housing Society: Meaning and Cost Guide
Purchasing a property in India is a long process. While validating the purchase and securing a home loan is one aspect of the process, the other is paying all the taxes and miscellaneous charges to the government and related authorities. Among these additional charges, the point of
What is Apartment Waste Management? Importance and Tips
Waste management is one of the biggest problems in India’s urban areas. According to The Energy and Resources Institute (TERI), the country currently generates 62 million tons of waste annually, of which only 43 tons are collected each year. This makes waste disposal and management a mass
What is Audit Trail Meaning in Housing Society Accounting?
An audit trail in housing society accounting is a complete chronological record of every financial transaction - from maintenance collections and vendor payments to fund transfers and expense entries. For housing societies managing large pools of member funds, an audit trail system ensure
UP Apartment Act 2010: Rules, Process, Features and Rights
The Uttar Pradesh Apartment Act 2010 is a law introduced by the Government of Uttar Pradesh to regulate the construction, ownership, and maintenance of apartments. This Act applies to all buildings with four or more apartments. <h2 class="wp
MahaRERA Guidelines for Senior Citizens Living in Maharashtra
The Maharashtra Real Estate Regulatory Authority, or MahaRERA, has announced a set of new rules and regulations on senior living in the state to address the growing requirement for elderly-friendly housing. It is expected to enhance safety, accessibility, and quality of life in elderly ho
Terrace Waterproofing for Apartments in India
Water stains on the ceiling, peeling paint, musty smell after rain, and damp walls in top-floor flats are some of the common problems in many apartments. The main reasons behind these are cracks, blocked drainage, poor slope and damaged waterproofing layers. It slowly allow water to penet
Escalation Matrix in a Housing Society
A leaky pipe, a parking problem that is not fixed, a broken elevator or constant noise complaints can really annoy people who live in a building when nobody takes care of it. Many housing societies just pass complaints from one person to another without checking if the problem is solved,
What is RERA Compliance for Societies? Checklists & Rights
Real Estate (Regulation and Development) Act, 2016, or RERA Compliance is a legislation designed to introduce accountability, transparency, and fairness to the real estate industry. Although initially RERA was concerned with the builders and developers, housing societies