Formation and registering a co-op hsg society
Bhasker Thirumala
(Querist) 24 January 2010
This query is : Resolved
Dear Sir/madam,
Our builder is pushing our members to form a Co-op society and have it registered.
Need valuable advise on, are there any negative implications on members of a building if they were to form and register under a co-op housing society, would the builder in any way be able to excuse himself from being held responsible for the incomplete work and promised amenities.
Is formation of Society and registration important to challenge the builder as a registered collective body for deficiencies in service related to the completion of the building and amenities agreed.
Or is it advisable to wait until the builder completes and hands over the society.
Appreciate your kind advice.
Thanks and regards
Bhasker Thirumala
Raj Kumar Makkad
(Expert) 25 January 2010
Society should take charge from him in a fit state otherwise society shall be deemed as responsible for the lapse of the builder so it is advisable let the work of the building be completed on his behalf.
B K Raghavendra Rao
(Expert) 25 January 2010
It is advisable that Society be formed and the interest of occupants of apartment taken care of by themselves as soon as the building is complete and not before it.
