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What could be the charges levied by the society in the building to the flat members?

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What could be the charges levied by the society in the building to the flat members?

The contribution that could be collected from the members of the society towards outgoing and referred to in the bye-laws may be in relation to the following.

  • Property Taxes
  • Water Charges
  • Common Electricity Charges
  • Contribution to the Repairs and Maintenance Fund.
  • Expenses on the repairs and maintenance of the lift’s of the society , including charges for running the lift.
  • Contribution to the Sinking Fun.
  • Service charges
  • Car Parking charges
  • Interest on the defaulted charges
  • Repayment of the installment of the loan and interest
  • Non-Occupancy charges
  • Insurance charges
  • Lease Rent
  • Non Agricultural Tax

Any other charges referred to and approved by the General Body.

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