RM Warehouse

Difference Between Co-operative Society & Housing Society Registered Under Society Registration Act

What is the difference between a Cooperative Society and a Society registered under Societies Registration Act? A society is essentially an association of seven or more people registered under the Societies Registration Act, 1860 – which is an all India Act (however, many States, have variants on the...Read More

Approvals from Delhi Development Authority (DDA)

(A1.1) Land use plan approval for the plot is required from Delhi Development Authority (DDA) and the Ministry of UD, when the land use is shown as Govt. land in the Master plan of Delhi (MPD 2021). The land use plan for land area is to be notified by the Ministry of UD after the same is approved by ...Read More

What is the difference between market rate and circle rate?

• Circle rates are notified by the government and are used as reference point for payment of stamp duty on property transaction registrations in Delhi • Market prices refer to the actual price at which property sale-purchase transactions are transacted between buyers and sellers • In most cases, circ...Read More

Different types of Housing Cooperatives?

Housing cooperatives at the primary level can broadly be classified into four groups as detailed below: (a)          Tenant Ownership Housing Societies: Under this category the land is held either on leasehold or freehold basis by societies, and houses are owned by members. (b)          Tenant Co-Par...Read More