How to prepare maintenance bills of cooperative housing society in Mumbai:
How to prepare maintenance bills of cooperative housing society in Mumbai: 1. Bye Law No 72 mandates the Secretary of the society, to prepare demand notice in respect of the charges of the society payable by members on the basis of the bye-laws-law No. 71(a) and issue the same to all the members on or before the date fixed by the Committee. 2. Charges of society as listed under Bye Law No 68 are mainly of four types a. Payments to BMC – Property taxes & Water charges b. Contribution to funds-Repair fund & Sinking fund c. General maintenance expenses – power, staff salaries, security services, insurance etc. d. Recoveries from members – NOC on rented flats, Parking , Interest on delayed payments Ideally demand note should list out charges under these heads for members’ understanding of what they for what they are consuming. Control on expenses becomes easier. 3. Bye Law No 71(a) lays down basis on which these charges are manda...