There are basically four types of
Co-operative Housing Societies connected with the housing.
(a) Open Plot Societies
(b) Flat Owners Societies
(c) Tenant Societies
(d) Housing Board Societies.
In Open Plot Societies,
members purchase or take one lease a plot of land and themselves construct the
building. Due to bureaucratic formalities and lack of specialised knowledge, a
few societies are formed under the head of open Plot Societies. When a builder
constructs flats and sells them to Flat Owners, the Society when formed is
called Flat Owner’s Society. When Landlord forms a Society of tenants, it is
called Tenants Society. When a Society is formed by Allottees of flats and
building is constructed by the Housing Board Authorities, i.e. Mumbai Housing
and Development Board, then the Society so formed is of the type of Housing
Board Society. The procedure that should be followed for formation of societies
of the above said types is different for different types of Societies. Members
who wish to form Co-operative Housing Societies are generally ignorant of the
procedural aspects and as a result of the same they have to run from place to
place and get entangled in bureaucratic delays.