How to charge of cost of purchase of new lift

shailesh (Querist) 13 December 2022 This query is : Resolved
Our society in mumbaiwants to purchase 3 new lifts as the current lifts are worn out . How to charge the society members ? On per sq.foot basis of flat area or purchase & errection price of new lifts to be equally divided amongst the no. Of flats as per share certificates issued ? What does model byelaws say on this issue

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A Mumbai housing society needs to purchase three new lifts and is seeking advice on how to charge its members. The main question is whether to charge based on the flat's square footage or to divide the total purchase and erection cost equally among all flats. While some suggest an equal contribution basis, the final decision rests with the society's Annual General Meeting (AGM), guided by their specific constitution.

Sudhir Kumar, Advocate (Expert) 14 December 2022
Not appearing as a legal query.

kavksatyanarayana (Expert) 14 December 2022
No legal issues are involved in your query. Go to the cooperative housing society office and inquire there.

Dr J C Vashista (Expert) 15 December 2022
Well analysed, opined and advised by experts, I endorse.

P. Venu (Expert) 15 December 2022
To my knowledge, every flat owner needs to contribute on equal footing, irrespective of the area of the flat.

Sudhir Kumar, Advocate (Expert) 18 December 2022
How it is charged has to be decided by your AGM and validity of the same can be decided on perusal of your society constitution.

whatever views are expressed here are not binding for your AGM..

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