Comment on Building Maintenance Fund of Society by Jaiprakash.
Our cooperative housing society in Mumbai, has decided to carray out repairs, painting etc of the buildings. They have decided to collect funds for the same.
1. The quantum of contributions has been fixed as per the number of bedrooms in the flat I.e different contributions from flat owners with 1 BHK and 2 BHK. Is this correct as per the provisions of the cooperative society act/ model bye laws.
2. What is the minimum age of the buildings before any such major repairs/ maintenance should be carried out.