Our colony is comprised of 9 towers, Total 504 flats, in Rajkot Gujarat, governed by Service Co-op. Society Ltd.
We have already paid 3.00 Lakh as maintenance deposit. And the maintenance expence is met out from the interest earned.
Now, my question is that, As per rules Non occupancy charges should not exceed 10% of Maintainance Charges for rented flats.
In our case, as we are not paying any monthly charges, what should be maximum limit of NON OCCUPANCY CHARGES?
The rules governing the monthly maintenance amount payable can be found from the provisions of bylaws of the housing society.
You peruse the same and get clarified.
