Last Updated on 8 April, 2025
The contribution to be collected from the Members of the Society, towards outgoing and establishment of its funds, referred to in these bye-laws as 'the charges' may be in relation to the following :
The Service charges of the Society referred to at 64 (vii) above shall include the following:
The Committee shall apportion the Share of each Member towards the charges of the Society on the following basis:
The Committee shall fix in respect of every flat the Society charges on the basis laid as down under the bye-law No, 67(a).
The following repairs and maintenance of the property of the Society shall be carried out by the Society at its costs:
(a)
(b) All the repairs, not covered by the bye-law No. 158(a) shall be carried out by the Members at their cost. The expenditure of the internal leakage due to toilet, sink etc. should be borne by concerned flat holders, with intimation to the Society.
The Secretary of the Society, shall prepare bill/demand notice in respect of the charges of the Society payable by Members on the basis of the bye-law No. 70 (a) and issue the same to all the Members on or before the date fixed by the Committee in that behalf. Every Member of the Society shall pay the amount mentioned in the bill /demand notice in full within such period as may be fixed by the Committee.
A Member shall be deemed to have committed default in payment of the charges of the Society, if the payment mentioned in the demand notice/bill is not made within the period as prescribed under Section 73CA of the Act. The Secretary of the Society shall bring the cases of defaults in payment of the Society's charges to the notice of the Committee for taking further necessary action.
In case of default by Member in payment of maintenance and service charges, the committee shall initiate a recovery proceeding under section 101 of the Act.
A Member shall be required to pay simple interest at twenty one percent per annum, or, at such lower rate as may be fixed by the General Body, on the outstanding dues to the Society, from the date the amount was due as prescribed under Bye-law no. 69, till full and final payment by the Member
Total Flats | Carpet Area | Total Carpet Area | |
---|---|---|---|
1 BHK | 30 | 500 | 15000 |
2 BHK | 35 | 750 | 26250 |
Total Flats | 65 | 41250 | |
Assuming that the Total expenses is | 5 lac | ||
Expense of one sq foot is | 5 Lac divide by total carpet area | 12.12 | |
Maintenance charge for 1 BHK is | 6062 | ||
Maintenance charge for 2 BHK is | 9090 |
Bill Calculation | |||
---|---|---|---|
Sr # | Exempted Services | Amount | Remarks |
1 | Muncipal Tax | As fixed by the Local Authority | |
2 | Water Charges | On the basis of total number and size of inlets provided in each flat. | |
3 | Electricity Charges | ||
4 | Non-Agricultural tax | 590 | The built up area of each flat / unit |
5 | |||
Taxable Services | |||
6 | Maintenance Charges | 6062 | Assuming that the Total expenses is 5 lac Divided by the total carpet area of flats of the building ( once you get one sq foot amount, then * carpet area of the flat) |
7 | Sinking Fund | 750 | (Read 14 c) Assuming that the construction cost of the flat is 3 Lac then 0.25% of 3 lac |
8 | Repair and Maintenance Fund | 2250 | Assuming that the construction cost of the flat is 3 Lac then 0.75% of 3 lac |
9 | Non Occupancy Charges | At the rate fixed under the bye-law No. 43(b)(iii). | |
10 | Education and Training Fund | 10 | Rs. 10 per Flat/unit per month |
11 | Parking Charges | At the rate fixed by the General Body of the Society at its meeting under the bye-law No. 84/85. | |
12 | Insurance Charges | 590 | The built up areas of each flat, provided that if there is increase in the insurance premium due to storing any specific goods in any flat, used for commercial purposes, the extra burden of insurance premium shall be shared by those who are responsible for such increased premium in proportion of the built up areas to their flats. |
13 | - | ||
14 | - | ||
15 | Penalty | ||
16 | Other Charges | ||
17 | One Time Charges | ||
18 | Interest on Arrears | At the rate fixed under the bye-law No. 72 to be recovered from the defaulter Member. | |
Taxes | |||
19 | CGST | ||
20 | SGST | ||
Grand Total: |