Home | Ask Questions | Computer Gupshup | Free Member Diaries | Contact Us - Sanjay @ 98 712 19911

Some Gurgaon Resident Welfare Associations Provide Scant Accounting Of "Maintenance" Funds


By Sanjay Sharma, Section Civic Problems in Gurgaon
Posted on Sun Jan 02, 2005 at 06:18:55 AM EST

Came across an interesting observation in the Times Of India that some RWA's do not provide any accounting of how the "maintenance funds" collected by them were spent even after 20 years. How do the residents deal with such situations? With elections scheduled for Feb 03, 2005, and RWA's trying to put up their own political candidate, this might be a good time to get some answers.
A common grievance amongst people living in societies is that apart from monthly maintenance, huge collections are made for exterior whitewashing, road re-laying and so on by the Resident Welfare Associations.

But the office bearers don't provide accounts - sometimes for as long as 20 years - of how the money was spent.

When some members of the co-operative group housing society refuse to pay the maintenance charges - which in many cases are arbitrarily high - the office bearers declare them defaulters.

Today, maintenance charges impose a heavy financial burden on people living within societies, and have hence become a very important issue.

It is, therefore, obligatory on the part of the society to include this subject on the agenda of their meetings. If the maintenance charges are being hiked, members should be informed in advance through a notice. Members can then come prepared for a discussion.

From The Times of India - january 02, 2004 - by ashokkvarma @vsnl.com
http://timesofindia.indiatimes.com/articleshow/969984.cms
< Real Estate Price Rises Of 2004 May Be Unsustainable In 2005, But Boom Expected To Continue | Future Disasters May Cause Grimmer Catastrophes Due To Changed Living Patterns Of People >

Related Links

. Also by Sanjay Sharma
Win A Jeans Twice a Week
&
Win A Kurta 7 Days A Week

Login

Membership has its privileges. Choose a username and provide a working email - that's all it takes to join. Click below to make a new account.
Make a new account

Username:
Password:
Bangkok
BIHARSCOOP.COM
JEWELRYFRIEND.com

Who's Online? (34)

. Unregistered Visitors (34)

Note: You may cloak yourself from appearing here in your Display Preferences.

Recent Member Diaries

PAYING GUEST ACCOMODATION AVAILABLE
by Freeman - November 14
58 comments


Paying Guest Accomodation for Girls in Sushant Lok
by poonam23 - November 13
38 comments


Skoda Amb 2002 VIP Number for sale
by phugatboy - November 13
5 comments


Unitech's Strategy for coming years
by malikboss - November 2
37 comments


Is there a blind home in Gurgaon?
by SGARG - October 30
8 comments


Traffic Jams on the Roads
by Pradeep - October 16
13 comments


SANTRO XING FOR SALE
by satishcmishra - October 15

Breeding nurseries of mosquitos for DLF city
by RAJKUMAR77 - October 11
1 comment


PREVENTIONS IN THE SEASON OF DENGUE
by sumandua - October 11

KLJ TOWN PLANNERS PVT LTD
by nd - October 4
28 comments



More Diaries...

Front Page

Tuesday November 18th
. 4 Engineering Students: Their anxieties in today's slowdown (0 comments)
. 31pc have alarming levels of bacteria; waters of Yamuna, Satluj and Sabarmati not fit for drinking (0 comments)
. Haryana government has started Work on foot bridges on Gurgaon expressway (0 comments)
. Over 250 resident welfare representatives come under one roof to fight for better amenities (0 comments)
. Government should ensure higher supply of housing: K.P. Singh chairman of DLF (0 comments)
. Finance Minister P Chidambaram asks airlines, auto & real estate firms to cut rates (0 comments)
. DLF to fire some employees, wants interest rate at 7 per cent (0 comments)
. Liquidity, not demand main concern: Realty experts (0 comments)
. Haryana asks top officials to pay field visits regularly (0 comments)

Monday November 17th
. RBI allows housing finance companies to raise funds from overseas (0 comments)
. Reserve Bank of India (RBI) Spur Real Estate Lending? (0 comments)
. ICRA revises rating on DLF`s short-term debt/commercial paper (STD/CP) program (0 comments)
. Banks Hike NRI Deposit Rates By 75 Basis Points To Attract Foreign Currency Resources To Country (0 comments)
. Haryana keen to strengthen infrastructure: Minister (0 comments)
. HSIIDC To Acquire 8,709 acrs Of Land, Set Up 33 Projects An Estimated Investment Of Rs 2,000 cr (0 comments)
. Mahindra Lifespace Earmarks Rs 400 crore Budget To Go The Green Way (0 comments)
. Parsvnath ties up with Constructora San Jose (0 comments)
. Banks May Not Ease Lending To Real Estate Developers (0 comments)
. Real Estate Firm Unitech eyes $100m via share sale (0 comments)
. Unitech Puts Its 200-Room Budget Hotel Courtyard By Marriott in Gurgaon Up For Sale (0 comments)
. Indian Property Prices Should Drop More, Godrej Says (0 comments)
. Haryana government launches schemes to empower women (0 comments)
. Realty stocks hit badly despite RBI's revival measures (0 comments)
. Black money still seems to be having a vice-like grip on real-estate transactions in India (0 comments)
. Crisis Forces Special Economic Zone (SEZ) Developers To Review Plans (0 comments)
. RBI sop fails to lift real estate; banking follows suit (0 comments)
. No slowdown in realty projects: Mahindra & Mahindra Ltd Executive Mr Arun Nanda (0 comments)
. DLF Park Place, Gurgaon - Construction Status? A Go / No-Go deal for investment? (2 comments)
. Realty Gloom Trickles Down To Smaller Cities (0 comments)
. Mumbai-Based Kalpataru Group Turns Focus From Apartment Projects To Logistics Parks (0 comments)
. Global slowdown taking toll, RBI takes steps (0 comments)

Sunday November 16th
. Retailers Mull Revenue-Sharing Model With Real Estate Developers (0 comments)
. Haryana Power Utilities to construct 130 substations (0 comments)
. Haryana Looking For Site For National Level Fairs Which Has Easy Connectivity With New Delhi (0 comments)
. Realty lending eased, but will banks bite? (0 comments)

Saturday November 15th
. Rentals in prime commercial areas likely to weaken (0 comments)
. Buy property when its nearing completion (0 comments)
. Haryana developing fast, to implement all projects of priority basis (0 comments)
. ICICI Home Finance Company (HFC) Announces Special Offers On Fixed Deposits (0 comments)
. Rate Cuts By PSU Banks To Boost Real Estate Demand Again! (0 comments)
. Investors Using Short-Term Deposits To Park Their Funds Earlier Meant For Realty and Equity Markets (0 comments)
. Real Estate: What triggered the funds crunch? (0 comments)
. Reserve Bank of India (RBI) Steps In To Boost Forex, Real Estate Sector (0 comments)
. BJP's Vijay Kumar Malhotra goes online, but CM Sheila Dikshit for person-to-person contact (0 comments)
. Pollution Board Downs Shutter On Central Plaza Mall Near Sector 53 In Gurgaon (0 comments)
. Banks See Red : House Hunters Wait For Prices To Come Down, Put Loans On Hold (0 comments)
. Website For Diabetic Patients Soon From The Experts Of The Field (0 comments)

Friday November 14th
. Sobha's Rs 2,000 crore Gurgaon project deferred (0 comments)
. No Credit Cards For Staff Of Airline, Finance & Real Estate Companies (0 comments)
. Govt Rooftop Grid Interactive Solar Power Plan Finds Favour (0 comments)

Older Stories...


All trademarks and copyrights on this page are owned by their respective companies. Comments are owned by the Poster. The Rest (c) GurgaonSCOOP.com and QBTPL.
Home | Ask Questions | Computer Gupshup | Free Member Diaries | Contact Us - Sanjay @ 98 712 19911