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Maitenance deposit & monthly maintenance charges

Dear sir,

I own an appartment, I was told that one time maintenance deposit of Rs. 90000/- is payable at the time of handover of property. The co-op. society is not formed, there is a ad-hoc committee managing affairs. They are asking to pay additional Rs. 1500/ month towards maintenance of society. I am regularly paying maintenance charges, but wondering, whether is it worth paying deposit too ? Should I offer interest equivalant of deposit ? What is the law on this aspect ?

Since, they are taking maintenance deposit and also charges / month ?

Please advice !

Regards,

Udayan Modhe

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Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 20 April 2015

No powers to collect lumpsum amount as deposit for Maintenance. Maintenance charges or service charges are levied by allcooperative housing societies to cater for expenses incurred. The basis on which the society charges will be shared by each apartment unit is decided by the Cooperative Housing Society. As per the model bye-laws of the Maharashtra Ownership of Flats Act (MOFA), each housing society must follow a combination of per square feet and per flat basis for final calculation of the service charge for various heads. You can give complaint to registrar of societies.