Showing posts with label rules and regulations. Show all posts
Showing posts with label rules and regulations. Show all posts

Tuesday, December 24, 2019

Under Pradhan Mantri Awas Yojana Gramin PMAY(G) Center for construction of 50 lakh houses in rural areas


Recently, the government said that by March 31, more than 50 lakh houses in rural areas across the country will be constructed for the poor as part of a central scheme that will bring social change in the villages.

A target was set to construct one crore new houses by 31 March 2019 under the PradhanMantri Awas Yojana - Rural PMAY (G). Of these, 51 lakh houses were to be completed by 31 March 2018, the Ministry of Rural Development said in an official statement.

The Ministry of Rural Development said in an official statement that under the Pradhan Mantri Awas Yojana (Rural), a target was set to build one crore new houses by 31 March 2019. Out of which 51 lakh houses were to be completed by 31 March 2018.

After its launch in 2016, it took some time to complete the process of beneficiary registration, geo-tagging, account verification etc. The ministry said it used the 2011 Socio Economic Census to select beneficiaries.

The homeless and those living with a kuccha roof or two kachcha rooms are the beneficiaries of this poor PMAY scheme.

The ministry said that the houses are planned by the best institutions after studying the existing local design configurations and are constructed by the beneficiaries as needed. The cost of construction of the houses is directly transferred to the accounts of the beneficiaries.

The poor are getting safe houses and can live with self-respect with facilities like toilets, drinking water facilities, electricity connections, cooking gas connections etc.

To check transparency and corruption, the Center has put in place an online policy, where anyone can view the construction of houses with geo-tagged photographs and give full details of beneficiaries and the expenses incurred to them.

The ministry has also decided to conduct a study on social change to understand the impact of the housing program. In addition, the National Institute of Public Finance and Policy will also study the impact of high demand for steel and cement on governance reforms and development under PMAY (G).

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Friday, December 20, 2019

Writing-irreversible reasons with the help of Society by-law


Housing societies need a set of rules and regulations to run large or small.


However, they require bye laws in place to register it. The in-laws are nothing, but the guidelines have to be followed by the members of the society to ensure the proper functioning of the community. In addition, with the help of bye-laws, issues can be addressed in a timely and effective manner.

These are local / private laws and are imposed immediately after the housing complex is registered. These laws are mandatory and extremely useful as the day-to-day functioning of the campus is monitored and the issues are resolved in no time.

The by-laws also cover all monetary transactions conducted and received by the housing committee and require members of the housing committee to show all monetary details during the audit. It is here that it becomes difficult, especially for the Treasurers, to keep a record of irrevocable liabilities. Well-known irrevocable dues include loans and money spent to recover any cause or loss caused by circumstances inevitable by the housing society.

Laws are different for different societies as it also depends on the committee members which laws they want to incorporate for the smooth functioning of their society. However, below are the two main by-laws which we feel should be added to the by-laws of any housing society for the committee so that its irrevocable arrears can be written off smoothly.


Society By-Law No. 148


Under this law, fees charged by society according to irreparable dues can be written off and members are required to pay these expenses. As noted before these irrevocable liabilities, some money for debts or other such accumulated losses may be spent to recover the stuck. However, check whether classified as irrevocable arrears as stated by the statutory auditor appointed under Section 81 of the Act.

Society By-Law No. 149

  •    By-laws can be written only when the general body of the society approves the same.
  •   If the society is indebted to a financial agency, the approval / approval of the agency is very important for such amounts.
  •   The third also requires the approval of the registration authority. However, if the Society is classified as A or B in its final audit, the bank's permission (if it is associated with any) or any such financial agency or registration authority is not required.
  •   By-laws are thus important for every housing society, not only for their proper functioning but also for registration and other legal processes. However, if you want to get an in-depth knowledge about these

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