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55 Gems
54640 Points
🔍 Did you know most housing societies in Maharashtra unknowingly repeat the same 7 costly mistakes year after year?
These “small” errors often lead to legal complications, audit failures, and mismanaged funds.🏢 As someone helping CHS Committees modernize with AI + Compliance tools, I’ve seen it firsthand.
With over 1.1 lakh societies in Maharashtra, very few follow Model Bye-Laws 2014, maintain proper digital records, or file the M-20 bond on time.
What looks like a “missed task” today can become a major issue tomorrow.
⚠️ Ignorance isn’t just risky—it’s expensive.✅ Here are 7 common mistakes CHS must avoid:
1️⃣ Outdated or incomplete member register → Leads to election disputes.
2️⃣ Skipped or delayed audits → Can invite heavy penalties.
3️⃣ No transparency in vendor payments → Causes conflict and mistrust.
4️⃣ Missing M-20 bond filing (within 15 days) → Invalidates the elected committee.
5️⃣ No digital backup of society records → Physical files = vulnerable.
6️⃣ Poor communication with members → Fuels unnecessary conflicts.
7️⃣ Still using old bye-laws → Update to Model Bye-Laws 2014 to stay safe.💡 Quick Wins You Can Apply Today:
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Start a compliance audit checklist and track gaps.
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Digitize member, financial & vendor data (Google Drive or simple AI tools work!).
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Review your bye-laws + talk to a consultant to ensure legal alignment.
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Use AI tools to reduce manual workload and ensure error-free record-keeping.
🗣️ Which of these 7 mistakes do you see most often in your society?
Let’s create awareness together — drop your thoughts in the comments below!#HousingSociety #CHSCompliance #MaharashtraSocietiesAct #SocietyManagement #AuditAndAccounts #RakeshPadwal #RapidManagement
Rohan, Roshan and 4 others-
4 Gems
2990 Points
Badges:Rookie
Yes, I see many of the issues mentioned in the society I live in.
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