Maharashtra Housing Society Rules: 12% Penal Interest Cap, 10% Non-Occupancy Charge Limit And Redevelopment Changes
Mumbai, October 1, 2026: The state government has notified a new set of rules governing cooperative housing societies, bringing several provisions relating to maintenance, membership, redevelopment and governance under a clearer statutory framework. However, society members and managing committees are awaiting finalisation of the revised Model Bye-Laws, which are expected to clarify day-to-day…
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