Bought a Flat - Guide to Co-operative Housing Society Formation

With so many new buildings coming up in Mumbai, Co-operative housing societies will be formed.

In Maharashtra, societies are typically formed under the Maharashtra Cooperative Societies Act, 1960. This act provides the legal framework for the formation, registration, and governance of cooperative societies, including housing societies, in the state.

Here are the general steps involved in forming a society in Maharashtra:

1. Minimum number of members: A minimum of ten individuals is required to form a society. They should come together with a common objective, such as managing a housing complex, promoting a common interest, or providing a specific service.

2. Drafting the society's bylaws: The founding members need to draft the bylaws of the society. The bylaws outline the rules, regulations, and procedures for the functioning of the society. Th