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Society Charges Information

For calculating & budgeting Charges at sr. no: 1, 2, 6 & 14 last 2-3 years actual expenses & proposed any
new expenses can be considered to generate an Estimate which can then be charged to each member
basis following method
Method as per Byelaws / Acts
Sr. No Charges Scope
/Rules / GR
Salaries of watchman, Office Staff,
Housekeeping, etc, Travelling
expense of committee member for
society, Printing and stationary,
Meeting expenses, , other
Equally by All Members of the
1 Society Service Charges management expenses, Accounting
Society
charges, Subscription, Bank Charges,
Common Electricity Charges, Lifts,
Auditing, Annual Subscription of
Federation & all Common Expenses
incurred
All Repairs works incidental in
2 Major Repair Charges Nature which doesnot include major On Sq Ft Basis
repairs
On the Resolution passed at meeting
of General body of the society, the
Sinking Fund may be used by the
society for reconstruction of its
building/buildings or for carrying out
such structural additions or alteration
3 Sinking Fund to the building/buildings, as in the 0.25% of Construction Cost
opinion of the Society’s Architect,
would be necessary to strengthen
them or for carrying out such heavy
repairs as may be certified by the
Architect and on approval of General
Body
The Repairs and Maintenance fund
may be utilised by the Committee for
4 Repairs & Maintenance Fund meeting the expenditure on 0.75% of Construction Cost
maintenance of the society's property
and repairs and renewals thereof.
Used for Major repairs with
5 Property Tax / CIDCO Service Charges permission of General Body & As per Rate charged by CIDCO
authroised y Registrar office
All expenses incurred for Water On Inlet & CIDCO water rates
6 Water Charges provisions, including Electricity, (Commercial & residential will be
repairs,etc of Water system charged seperately)
For usage of Parking in Society
7 Parking Charges As decided by General Body
Common area
To be used for various Cultural &
8 Social Cultural Fund social Activities decided by General As decided by General Body
Body
For Delay in Payment of Charges as
Max 21% pa on Simple Interest
9 Delayed Payment Charges claimed by Society through issuing a
Basis
Bill
10 Penalties & Fines All violations of rules as decided in As decided by General Body but not
General Body in contravention of any Laws or
Rights or Rules
For pre payment of any charges
11 Discount / Incentives for pre Payment None
towards society
Not More than 10% of Society
12 Non Occupancy Charges For Subletting of Flat or Shop
Service Charges
For Training of Managing committee
13 Education & Training Fund or Society office staff on Society Max Rs 10 pm per member
Matters
Equally by all the members of the
As per Actual Expenses on Repairs & building in which lift is provided,
14 Lift Charges
Maintenance of th Lift irrespective of the fact whether they
use the lift or not.
15 Rents for using Society Utilities Various Facilties rented out for usage As decided by General Body
As decided by General Body but not
16 Other Charges Case to case basis in contravention of any Laws or
Rights or Rules
Max 25,000/- as per Govt
17 Transfer Premium For Transfer of Flat or Shop
Directives
18 Transfer Charges For Transfer of Flat or Shop Rs 500
For utilising Legal Expert inputs for As decided by General Body but not
19 Legal Charges Member activities like sale of Flat / in contravention of any Laws or
Shop Rights or Rules
1. Certified copy of the approved
Bye-laws of the Society = Rs. 5/- per
page.
2. Amendment of the bye-laws of
the society Rs. 5/- per page.
3. Last audited Balance Sheet of the
Society Rs. 10/- per page.
4. Application for membership of
the Society = Rs.25/-
5. Second and Subsequent
Nomination by the member of the
Society = Rs.50/-
6. Share Certificate of the Society
(Duplicate) =Rs. 100/-
For Procuring Society records as 7. List of members of the Society =
20 Photocopying Charges
mentioned in Byelaws Rs. 10/- per page.
8. Correspondence (related to
member) = Rs. 10/- per page.
9. Minutes of the general body
meetings and committee meetings
=Rs. 10/- per page.
10. Indemnity Bond = Rs. 20/-
11. Copy of Audit Report, Annual
Returns and Periodicals = Rs 10/-
per page.
12. List of Non-Active members =
Rs 5/- per page.
13. Any other document as per
section 32 of the Act = Rs. 5/- per
page
21 Entrance Fees During Membership Application Rs 100/-
For Payment of NA charges as As per rates charged by Tehsildar
22 Non-Agriculture Tax
claimed from Tehsildar Office Office
Insurance of Society Building, As per Actual Rate Paid to
23 Insurance Charges
Property or Assets Insurance Company
As prescribed by the Election
24 Society Election Fund Equally by all Society members
Authority (SCEA)

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