How do I charge non occupancy charges?

How to calculate the non occupancy charges? Under a circular issued by the government of Maharashtra, under Section 79A of the Maharashtra Cooperative Societies Act, 1960, the amount of non occupancy charges cannot exceed 10% of the service charges of the society (excluding municipal taxes).

How are non occupancy charges calculated?

As mentioned above, non-occupancy charges levied by society should not be more than 10 per cent of the service charges. For example, if the service charges portion in the monthly maintenance calculation are Rs 2,710 per month, non-occupancy charges would be Rs 271 (10% of Rs 2,710) per month.

Are non occupancy charges mandatory?

So, the bottom-line is that the Non Occupancy Charges must not be charged at least in the State of Karnataka.

What is non occupancy charges?

Your housing society collects non-occupancy charges from you when your residence is occupied by someone other than you or a close family member. In other words, it is an amount you pay to your society when you rent or lease your residence to a tenant.

What are the rules for non occupancy charges in Maharashtra?

The Maharashtra Government has rescinded its earlier order dated 9th March 1995, which had fixed Non-Occupancy Charges at one time payment of service charges. The new order issued on 1st August 2001 stipulates that the Non-occupancy Charges should not exceed 10% of the services charges (excluding Municipal corporation/Municipalities taxes).

How much is non occupancy charge per month?

As mentioned above, non-occupancy charges levied by a society should not be more than 10 per cent of the service charges. For example, if the service charges portion in the monthly maintenance calculation are Rs 2,710 per month, non-occupancy charges would be Rs 271 (10% of Rs 2,710) per month. What are service charges?

What are non occupancy charges in Pune Housing Society?

In exercise of the powers vest in the State Government under Section 79 A of the Maharashtra Co-Operative Societies Act, the State Government issued an Order on 9.3.1995 laying down that the non occupation charges shall not be fixed beyond 100% of the maintenance charges. But this Order was also challenged in Writ Petition No: 1398 of 1996.

What was the decision of Maharashtra High Court on NOC?

In June 1997, the Maharashtra government appointed a committee to examine the entire issue of NOC in detail. Acting on the committee’s report in August 2001, the state government ordered that the NOC charges should not exceed 10 per cent of the service charges. This decision of the state government was upheld by the Bombay High Court in March 2007.