What is Cooperative Housing Society Registration?

A society aimed at promoting the economic interests or general welfare of its members or the public, following cooperative principles, can be registered under the Maharashtra Co-operative Societies Act, 1963, and Rule 8 of the Maharashtra Co-operative Societies Rules, 1964. Additionally, societies formed to facilitate the operations of such organizations are also eligible for registration under these laws.

A co-operative society is ideal for managing a residential building, as flat owners share common needs such as security (watchmen), water connection, and the maintenance of common areas like the compound and terrace. If you’ve purchased a flat in a new building, it’s advisable to take part in forming a society. In fact, the builder may be legally required to form a society. Under the Maharashtra Flat Ownership Act, 1963, a builder must establish a society within four months of selling 60% of the flats in the building.

Clearline HSG Society Accounting Services simplifies the Housing Society registration process for society members. We handle all the legal procedures related to society or apartment registration, society formation, and the handover process. Additionally, we offer township consultancy and society handover consultancy, ensuring smooth transitions for all parties.Our unique approach to society registration and handover helps society members meet their legal obligations efficiently.

Documents required for Housing Society Registration

Below is the List of Documents required for registration of Flat owner’s Housing Society:

• Application Form – Duly filled and signed application form for registration.

• List of Founding Members – At least 7 (or 10 in Maharashtra).

• Proof of Identity – Photocopies of Aadhaar Cards or PAN Cards of all founding members.

• Proof of Address – Address proof of all founding members (e.g., utility bills, passport, etc.).

• Society's Memorandum of Association (MOA) – A document outlining the objectives and functions of the society.

• Builder’s No Objection Certificate (NOC) – If applicable, a NOC from the builder or developer confirming the formation of the society.

• Society's Rules and Regulations – The internal rules governing the society's operation.

• List of Members – A list containing the names and addresses of all the members of the society.

• Agreement of Sale/Title Deed – Proof of ownership of the land or property where the housing society is situated.

• Utility Bills – Copies of recent electricity or water bills for the building.

• Bank Details – A bank account in the name of the society (if opened).

• Minutes of the First Meeting – Documentation of the first meeting where the society formation was discussed.

Get in touch

For any queries regarding Housing Society Registration in Pune.