Condominium vs Apartment- Major Differences, Pros and Cons

Condominium vs Apartment- Major Differences, Pros and Cons

The Indian real estate market, especially Mumbai, has seen amazing growth over the past few years, and the most recent launch is an excellent example of this growth as 1,100 luxury units in a premium condominium complex priced at ₹7 crore each sold out a mere three days after launch!

Posted 4 May 1 min read
GST on Apartment Maintenance Charges- Rates and Applicability

GST on Apartment Maintenance Charges- Rates and Applicability

Maintenance Charges are the contributions that apartment buildings or Resident Welfare Associations (RWAs) receive from the residents in order to fund the maintenance and oversight of shared facilities. These costs often cover cleaning, safety, and maintenance of common areas such as swim

Posted 3 May 1 min read
Housing Society Income Tax- Rules, Tax Slabs, ITR Filing

Housing Society Income Tax- Rules, Tax Slabs, ITR Filing

Managing finances in a housing society is a complex process. Members of the society contribute the major chunk of income for different purposes such as maintenance charges, property tax, fund allocation, and municipal taxes. Such incomes are not taxable. However, as per the Income Tax Act

Posted 3 May 1 min read
Water Supply in Housing Societies- Problems and Smart Management

Water Supply in Housing Societies- Problems and Smart Management

Water supply in housing societies is a daily concern for many residents in India. Irregular supply, tanker dependence, and rising costs make it stressful to manage. Managing water supply in housing societies is not just about availability but also about efficiency and fairness. The soluti

Posted 24 Apr 1 min read
Who Can Become Chairman of the Housing Society

Who Can Become Chairman of the Housing Society

Every housing society comprises a committee of house owners where they can raise concerns and discuss potential solutions for various society-related issues. This committee is supervised by the chairman who is vested with a lot of powers to carry out some responsibilities for the society,

Posted 24 Apr 1 min read
Society Rules for Flat Renovation in Mumbai

Society Rules for Flat Renovation in Mumbai

Renovating a flat in Mumbai often feels stressful, not because of the work itself, but due to society approvals, timing restrictions, and neighbour concerns. Many residents start work without knowing the rules and end up facing delays, fines, complaints or even stop-work notices. The soci

Posted 22 Apr 1 min read
Airbnb in Housing Society- Rules and Legality Guide

Airbnb in Housing Society- Rules and Legality Guide

Many residents today are exploring extra income through short-term rentals, but Airbnb in housing society often leads to complaints or even legal notices. The biggest concern is whether it is allowed and how it affects safety and community living. Airbnb is not automatically illegal in In

Posted 22 Apr 1 min read
Renewal of Society Registration in Odisha

Renewal of Society Registration in Odisha

Lack of timely compliance can put a society’s legal status and daily operations at risk, making the renewal of society registration in Odisha essential for continuity. It is a mandatory process every five years under applicable laws to keep society legally active. Timely renewal helps avo

Posted 21 Apr 1 min read
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