Tenant Co-partnership Housing Society: Maharashtra cooperative housing society rules that the objective of these housing societies is to provide flats to their members where the society owns both the land and the building, either freehold or leasehold.Tenant Ownership Housing Societies: According to the Maharashtra co-op Society Act these are housing societies whose aim is to allot plots or flats on a parcel of land that the society owns either on a leasehold or freehold basis, while the members own the houses.Read: What Is Floor Area Ratio / Floor Space Index and Why Is It Important for Homebuyers? The Maharashtra cooperative societies act 1960 has set clear criteria for the housing societies that enjoy the membership perks. The MCS Act has made clear distinctions in the allotment of housing facilities.

Types Of Housing Societies Under the Maharashtra Cooperative Societies Act Listed below are the sections that apply to the Maharashtra Housing Society Act. It is important to understand that the Maharashtra State Cooperative Societies Act is not just meant for housing societies and covers a lot of various other factors. Sections That Apply to Housing Societies Under the Maharashtra Cooperative Societies Act (1960)

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