Funds to be raised by CHS are
The repair and maintenance funds at the rate fixed by G.B. Meeting subject to the minimum of 0.75 % per annum of construction cost of each flat. Major repairs funds as and when required and decided by G.B. Meeting at the rate fixed on area basis.The sinking funds at the rate fixed by G. B. Meeting subject to the minimum of 0.25% per annum of construction cost of each flat. Reserve funds as provided u/s 66 of the M.C.S Act 1960.
