housing society online registration

Housing Society Registration in India

Apply for your Housing Society Registration in Tamil Nadu and across all parts of India online. Know the procedures and formalities to get your registration done through Tax Robo.


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Housing Society Registration  


Know the housing society registration process and get your Co-operative Housing Society Registration done today through Tax Robo.


Start with the customer – find out what they want and give it to them.

Online Registration of Co-operative Housing Society Registration in India


A society, that has as its object the promotion of the economic interests or general welfare of its members, or of the public, in accordance with cooperative principles, or a society established with the object of facilitating the operations of any such society may be registered under the Act

A co-operative society is the perfect fit for a residential building as flat-owners have common needs like water connection, watchmen, etc., and interests like maintenance of common areas, such as the terrace and compound. If you have purchased a flat in a new building, it would probably be best if you took an interest in forming a society. The builder may also be statutorily obliged to form a society. For example, under the Maharashtra Flat Ownership Act, of 1963 a builder must form a society within four months of selling 60% of the flats.


Procedure for Housing Society Registration


First general body meeting (before registration): In the first meeting under the Societies Model Bye-law 3(iii), the Chief Promoter (could be the builder) is selected by the promoters, who are members co-signing the registration application before the Registering Authority, under Bye-law 3(xii).

In this meeting, necessary resolutions are passed like opening the account in a Bank in the name of the proposed society and for obtaining permission for reserving the name of the society. It is compulsory for SRA / MHADA recognized societies, for the first meeting to be video-recorded.

Application for Housing Society Registration


The first step is to reserve the proposed name of the Society. Normally, a proposal for the same shall be accompanied by the society resolutions and signatures of at least 10 Promoters who have attended the meeting.

The registrar allows the name and grants permission to open a Bank account. The Chief Promoter shall collect Share Capital, Entrance Fees from all the promoters and deposit the same in the branch of the Bank permitted by the Registrar.

Without prior approval of the Registrar, the amount deposited cannot be withdrawn till the society is registered or its registration is refused.

The Chief Promoter should submit a registration proposal to the registering authority within a period of 3 months from the date of issue of Letter of Reservation in the name of the proposed society.

Housing Society Registration Packages

Basic Package

₹7999 .00

* All Exclusive

  • Deed Drafting
  • Society Registration
  • PAN & TAN
  • Incorporation Certificate
  • Appoint First Auditor of the Company
  • Free Bank Account Opening

Family Auditor

₹12249 .00

* All Exclusive

  • Deed Drafting
  • Society Registration
  • PAN & TAN
  • GST Registration
  • PF & ESI Registration
  • Incorporation Certificate
  • Appoint First Auditor of the Company
  • Free Bank Account Opening
  • Free GST Monthly Return 1 Month
  • Free Experts Consulting  

Documents Required For Housing Society Registration


ID Proof

Scanned copy of PAN Card, Voter ID, Passport , Driving License

Registered Office Proof

No Objection Certificate (NOC) from the owner, Utility bill (should not be older than two months) and Notarized Rent agreement (in case of rented property) / Registry Proof or House Tax Receipt (in case of owned property)

Address Proof

Latest Bank statement/ Utility bill in the name of director which should not be older than two months

Photo

Latest passport size photograph

Compliance After Housing Society Registration


Statutory Obligations

✓ File GST return every month without delay

✓ PF & ESI return filing

✓ TDS Payments & Return filings

✓ Advance Tax payments

✓ File Income Tax return by every year before due date

Compliances

✓ GST registration

✓ PF & ESI Registration if applicable

✓ Profession Tax registration

✓ Import & Export Code registration

✓ STPI Registration / SEZ registration

✓ Secretarial compliance required for passing resolutions, Change in Management, entering contracts, loan obligations etc

Accounts & Operations

✓ Open a Bank account with one Private Bank and one scheduled Bank

✓ Get one accounting software with GST facility

Performance

✓ Review Financial Products performance by every 3 months

✓ Compare the budget amount with actual Financial Products results