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Corporate Group Housing Society

What Is Cooperative Housing?<br>Cooperative Housing has been defined as: “A legally incorporated group of persons, generally of limited means, pursuing the same cause of meeting the common need of housing or its improvement based on mutual assistance.<br> In such a cooperative, the membership is voluntary and control is democratic, and members make an approximately equal contribution to the capital required”.<br><br>

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Corporate Group Housing Society

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  1. CO-OPERATIVE HOUSING SOCIETY http://www.smarthomesrevanta.com/

  2. What Is Cooperative Housing •Cooperative Housing has been defined as: ?A legally incorporated group of persons, generally of limited means, pursuing the same cause of meeting the common need of housing or its improvement based on mutual assistance. • In such a cooperative, the membership is voluntary and control is democratic, and members make an approximately equal contribution to the capital ?e?ui?ed?. http://www.smarthomesrevanta.com/

  3. Co-operative Housing Society • These societies are formed to provide residential houses to members. •They purchase land, develop it and construct houses or flats and allot the same to members. •Some societies also provide loans at low rate of interest to members to construct their own houses. •Examples of housing co-operative society The Employees Housing Societies and Metropolitan Housing Co-operative Society http://www.smarthomesrevanta.com/

  4. Characteristics of Co-operative Housing Society •Open membership •Voluntary Association •State control •Democratic Management •Service motive •Separate Legal Entity •Distribution of Surplus •Self-help through mutual cooperation http://www.smarthomesrevanta.com/

  5. Advantages of Housing Cooperatives • A housing cooperative is neither a public nor a profit seeking organisation. •Its principal objective is to eliminate economic exploitation as it is controlled by members only. • Contrary to public housing, cooperative housing provides opportunities to its members to control the house designs at the planning stages. •The maintenance of the estate is also in the hands of members, which leads to maintenance at lesser expenses and in a better way. • Cooperative housing satisfies quantitative as well as qualitative aspects of housing. http://www.smarthomesrevanta.com/

  6. Revanta Smart Homes will make use of Digital Technologies to enhance lifestyle and reduce cost. We are built on customer centric approach and uncompromising business values. The search for a perfect dream home ends with us. Revanta Smart Homes provides amenities like 100% power supply, 24 hours web connectivity, water supply, smart swimming pool, fully equipped gymnasium and high frequency mass transport in New New Delhi. http://www.smarthomesrevanta.com/

  7. Contact One Of Our Executive at +91-9811845382 OR Mail Us at info@smarthomesrevanta.com http://www.smarthomesrevanta.com/

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