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Amol Patil   23 November 2021

Regarding maintenance of Housing Society

Society maintenance charges are included in Development charges?
Or Maintenance and Development charges both are different?
Can you please tell me about provision.


Learning

 3 Replies

Kishor Mehta (CEO)     23 November 2021

These are two different charges, maintenance charge commences after possession of the flat is given. 

1 Like

G.L.N. Prasad (Retired employee.)     23 November 2021

Maintenance charges are actually spent during a fixed period that has to be recovered from members.

Development expenses are fixed expenditures like capital expenditure that helps in improving the value of asset and other convenience to all members.

Both are different.

For example, there may be a huge expenditure for deepening a tube well or repairs to entire buildings which costs may be unforeseen or on the high side.  Such sudden, huge expenditure needs to be spent immediately, and hence many societies have such a provision.for unforeseen  & heavy expenditure.

1 Like

Dr J C Vashista (Advocate)     24 November 2021

Development is charged one time at the time of improvement of existing infrastructure whereas maintenance is continues process.


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