Guidelines you should keep in your mind while re development of co-operative society

It is a well-known fact that, many people have to live in the co- operative society. Some time it can be seen that these co-operative society’s buildings are very old and people have to live in the dangerous zone. To get out from dangerous environment you have the option of re development for your co-operative […]

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Guidelines you should keep in your mind while re development of co-operative society

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It is a well-known fact that, many people have to live in the co- operative society. Some time it can be seen that these co-operative society’s buildings are very old and people have to live in the dangerous zone. To get out from dangerous environment you have the option of re development for your co-operative society. By doing the redevelopment you can get the chance to live in new house. You...

It is a well-known fact that, many people have to live in the co- operative society. Some time it can be seen that these co-operative society’s buildings are very old and people have to live in the dangerous zone. To get out from dangerous environment you have the option of re development for your co-operative society. By doing the redevelopment you can get the chance to live in new house. You can easily do this process by following some vital guidelines. It is implied that these guidelines are to be followed stringently before any step or idea of redevelopment is mooted by the managing committee amongst the members of the society.

First of all you should contact with every society member and make the relevant information about the re development. It should be ensure that any activity of redevelopment of housing society should not compromise the right of members and must safeguard the existence of the society. In case of the dissenting members fail to abide by the resolutions passed at the meetings then it is not the developer to use his power but the managing committee of the society who has to initiate appropriate action against those dissenting members under the recourse of law.

How to re-develop housing society?

Most of the time it can be seen that in the case of redevelopment the one thing is always missing and that is co –operation by all the member of the society. Some members in minority disapprove the decision of redevelopment merely because they manage to survive as opposition. The rule of supremacy of majority in society’s affair prevails in case where proper process of redevelopment is followed up. These guidelines have clearly highlights the process of calling meeting for redevelopment, process of selection of developer and appointment of an authorized officer. The developer’s assignment of redevelopment comes to an end. The occupancy certificate is issued by the competent authority and handed over to the society.

It is very necessary that all the members of society must read the fine prints of the development agreement containing the vital terms and offer their thoughtful and solicitous comments and observation before getting the draft development agreement approved in the general meeting as here is a question of handing over of their hard earned shelter to the developer.

Redevelopment is good idea to renovate your society according to today trend. But before going to take any action follow all the necessary guidelines for redevelopment of your co-operative society.