Legal Question in Real Estate Law in India

Can a hsg soc. b formed if there r only 8 members, out of which 3 r builders themselves. If not than what r the other options? Is it ok to buy a flat in an 11 yrs old 4 story, 8 apts. building in which 3 r builders themselves. and no society or apt. condominiun is formed. All rights r with the builders.


Asked on 6/22/11, 12:09 am

1 Answer from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Check co-operative act enacted by concerned state.

In Maharashtra, a co-operative housing society require minimum 11 or more members and a Condominium can be formed with 5 or more members.

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Answered on 6/22/11, 2:15 am


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