In a significant step towards modernising the cooperative housing sector, the Maharashtra Government will introduce a uniform set of Model Bye-Laws for over 1.25 lakh cooperative housing societies across the state from October.
A committee headed by Deputy Registrar Rajesh Lavhekar has been tasked with drafting the revised bye-laws, with the exercise now in its final stages. The new framework has been aligned with the Maharashtra Co-operative Societies Act and recently notified government regulations.
The updated bye-laws will bring uniform rules on maintenance charges, tenant documentation, non-occupancy charges, parking management, statutory annual audits, and financial governance.
They will also lay down comprehensive provisions relating to society objectives, membership, share capital, fund management, and expenditure planning.
The revision comes after more than a decade, replacing the 2014 Model Bye-Laws, which were framed before the rapid expansion of high-rise residential towers and large housing complexes.
