Co-Operative Housing Society

Only available on StudyMode
  • Download(s) : 292
  • Published : July 30, 2010
Open Document
Text Preview
CO-OPERATIVE HOUSING SOCIETY

1

BCCA INSTITUE OF MANAGEMENT STUDIES MAZAGAON, MUMBAI-400 010 SEMESTER: IV (FOURTH) THE GROUP NUMBER: CLASS: S.Y.B.M.S DIV: B

SUBJECT: CO-OPERATIVE AND RURAL MARKETING

TOPIC: HOUSING CO-OPERATIVE SOCIETY

NAME OF THE PROFESSOR: PROF.KHADIJA RONAK

SIGNITURE OF PRFESSOR

MARKS OBTAIN

MARKS OUT OF

B.C.C.A INSTITUTE OF MANAGEMENT STUDIES

CO-OPERATIVE HOUSING SOCIETY

2

“ALL PROGRESS IS BORN OF INQUIRY”
------ HUDSON MAXIMA

B.C.C.A INSTITUTE OF MANAGEMENT STUDIES

CO-OPERATIVE HOUSING SOCIETY

3

PREPARED BY: NAME  SIDIQUE FARIDI  NATHIA MOHOMAD ALI  ANSARI IRSHAN  ATHANIA MOHOMAD YUNUS  SHIEKH ALTAMASH  ANSARI SALMAN  ANSARI TEHSIN  VEHVARIA FARAZ  SHIEKH MISBAH  NEHA KONDKARY ROLL NO 65 79 84 85 86 87 88 98 100 101 SIGNATURE

B.C.C.A INSTITUTE OF MANAGEMENT STUDIES

CO-OPERATIVE HOUSING SOCIETY

4

PREFACE

It is essential to learn about co-operative society for management students to know how to deal with the society when you are dealing in business with the people living in society to make our business success full we need to know about every area in which the business operate. Our thanks to respected Teacher Prof. KHADIJA RONAK the Lecturer of COOPERATIVE AND RURAL MARKETING at BCCA's Institute of Management Studies, who provided us an opportunity to study the depth of this procedure and registration of cooperative society by giving it for project work. We tried to cover all the areas of the subject by visiting to a co-operative housing society. Also we have taken care to condense the text with basics and essentialities in a simple and lucid form to make the readers comfortable in grasping the fact and figures. We wish to profoundly thank our teacher Prof. KHADIA RONAK whose precious teachings made it possible to prepare such type of project.

WARM REGARDS, AUTHORS

B.C.C.A INSTITUTE OF MANAGEMENT STUDIES

CO-OPERATIVE HOUSING SOCIETY

5

CONTENTS

1) Executive summary 2) Definition 3) Introduction to housing cooperative 4) Housing situation in India 5) Housing shortage a real problem 6) Structure of housing cooperative 7) Bye laws of cooperative 8) Approach to housing development 9) Housing and urban development 10) Type of cooperative housing society 11) National housing and habitat policy1998 12) Future prospective of national housing policy 13) Problem of housing policy 14) Procedure of registration 15) Right and duties of members 16) Property and fund of cooperative 17) Procedure of issue of winding of cooperative 18) Interview of Chairman 19) Case study 11) Bibliography

6 7 8-10 11-13 14-15 16-17 18 19-20 21-22 23 24-26 27-29 30-31 32-38 39-43 44-48 49-55 56 57 58-59

B.C.C.A INSTITUTE OF MANAGEMENT STUDIES

CO-OPERATIVE HOUSING SOCIETY

6

EXECUTIVE SUMMERY

A housing cooperative is a legal entity usually a corporation that owns real estate, consisting of one or more residential buildings. Each shareholder in the legal entity is granted the right to occupy one housing unit, sometimes subject to an occupancy agreement, which is similar to a lease. The occupancy agreement specifies the co operative‘s rules. Cooperative is also used to describe a non-share capital co-op model in which fee-paying members obtain the right to occupy a bedroom and share the communal resources of a house that is owned by a cooperative organization. Housing cooperatives in India Co-ops are more commonly known as "flats" in India. This type of housing is very common in big cities like Mumbai (Bombay) but not very popular in rural India. Actually, they are registered as "co-operative housing society" rather than condominiums in that the owners actually have a share of the co-op and not the actual real estate itself. Owners can sell the "share" in the open market, but they have to get the approval of the co-op to complete the transaction. It is owned and managed by the members of the co-operative. Most housing cooperatives...
tracking img