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Benefits to Housing Societies :

The cityspace of Pune is undergoing a phenomenal change with the 'wadas' and the only style manor houses vanishing off the face of the city, huge shopping malls, residential complexes and elegant mansions are coming up in their place. In a city where the majority of the populace is middle-class, the typical flat is the preferred dwelling unit. Which explains the astounding number of residential projects going on in the city and its suburbs.

Once a residential project is completed, the constituent member have two options before them:

  1. Co-operative Housing Society
  2. Flat Owners Association

Since a co-operative housing society is practically more advantegeous and beneficial, members are inclined to opt for a society - just as you have done. But in reality, it is observed that, the objectives of establishing a society are rarely achieved. And in some extreme cases, these are differences of opinion and disputes among the society members. This affects the socio-cultural atmosphere of the society and may have negative repercussions. In fact, the establishment and day-to-day running of a co-operative housing society is a systematic, legal process, governed by the provisions of the Maharashtra State Co-operative Societies Act, 1961. But in practice it is frequently observed that the society's administration does not take place as per the legal provisoins. This happens because of a score of reasons. Lack of knowledge about the co-operative Act, ignorance and the attitude to shun responsibility on the part of the office-bearers / members of the societyare some of the chief reasons. If the regular working of a society does not take place in compliance with the relevant rules and regulations, the society would not be in a position to avail the benefits it otherwise would. Moreover, the co-operative Department has the right to take the legal action against the office-bearers for contravening the law.

In such scenario, what a housing society needs is professional assistance and guidance. And doing precisely this is 'Accounts Plus'.

Registration of a society under the provisions of the Co-operative Act, its transfer to the constituent flat owners, getting hold of all the requisite documents pertaining to the land from the builder and furnishing information about the same to the members (by convening a meeting), issuing share certificates to all the members implying that they have been made due members are some of the issues that have to be dealt with promptly and systematically. Apart from this, a meeting of the members has to be convened to decide the monthly membership fees for the smooth and hassle free functioning of the society.

'Accounts Plus' is an organization having a rich experience of providing a comprehensive range of services to co-operative housing societies. Our basic services like society Accounting, Auditing, Reports Generation have been found to be immensely useful with a view of streamlining and expediting these processes, we have developed a special software package that is very user-friendly. Our services & support facilities will help you in running your society smoothly and systematically, in conformity with all legal norms.

Consequently, your society will be entitled to the numerous benefits given by the government. But perhaps the most important point is that cordial relations will prevail among the society's members and a positive, lively environment will be established and maintained.

As Secretory / Chairman of your society, the society's well-being is uppermost in your mind. Availing our services will definitely help you in your endeavor. And for that the society's members will be gratified to you!

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