Answer:

The builder / Developer from whom the flats are purchased needs to register the Co-op. Society. If he fails to do so the flat purchasers may come together, appoint one of them as chief promoter, and file the application for Registration of society. The flat owners who sign the application for registration of Society are the Promoter Members

Answer:

as under : 1) To obtain conveyance of the Right, Title and Interest from the owner (Builder), in the land and building. 2) To manage and maintain the property of Society. 3) To promote peaceful Cohabitation amongst the Members on the co-operative principles. 4) To provide co-operative education and training to develop co-operative skills to its Members, Committee members, Office Bearers and employees. 5) To initiate, Redevelopment of the building as per the norms of authority. 6) To raise funds for achieving the objects for the society. 7) To undertake and provide for social, cultural and recreative activities on its own or jointly with other institutions.

Answer:

For Registration of Co-operative Housing Society minimum Ten Members are required. However, if in case where the flats are up to 700 sq. ft. each a Co-operative Housing Society can be registered with less than 10 numbers also. In your case prima phases the flats are expected to more than 700 sq. ft. and therefore, you should go for other forms of Management such as condominium or a company. There should not be any FSI Balance

Answer:

In case of flat purchaser of Society 60% of the total flats purchaser need to join the application for Registration. However, in case of open plot type Co-operative Society. 90% of the total plots holder need to join for registration.

Answer:

In case if the builder does not registered the Society the flat purchaser can elect one of them to be the chief Promoter and other flat purchaser should join as promoter member and submit the Registration proposal under the category of Non-Corporation of builder. The Registrar will consider the same on merit.