Society formation

Prashant Shinde (Querist) 10 June 2013 This query is : Resolved
Hi,
I am residing in a residential complex which is about to register as society(not yet decided the type - common or federal). I want to know the pros & cons of a common society & a federal sociiety. I want to know whether the builder will have any hidden benifits of forming a federal structure of the complex, because builder is insisting us to do so. The builder is having pending work of 2 buildings which will take nearly 2 years to finish. Will he be benifited by registering a federal society?
Thanks.

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