IRS (MUMBAI) HOUSING CO-OPERATIVE SOCIETY, MUMBAI.
Notice of Payments
The General Body Meeting of the Housing Society was held on 26th
February, 2009 and approved the building and floor plans of its project in Sector 21
of Ulwe Node, Navi Mumbai. Thereafter, members were requested to make
payment of Rs. 5.50 lakhs as per following schedule:_
Rs.3,00,000/- to be paid by 15th March, 2009
Rs.2,50,000/- to be paid by 27th March, 2009
2. However, several members have expressed certain personal problems and
have requested for some more time for making payments. Executive Committee of
the Society deliberated on the issue and has taken following decisions in respect of
further payments to be made by members.
The members who have not made payments and/or made part payment as per above
schedule can make payments as per the terms given below;
It is mandatory to pay at least Rs. 3.00 lakhs out of Rs. 5.50 lakhs
demanded vide payment notice dt.27/2/2009, before 30th April, 2009 for
retaining membership of the Society. The members who do not pay the
same will cease to be the members of the Housing Society .
The amount remaining unpaid on 31st march 2009 will attract a nominal
interest @ 12% per annum from 1st April 2009 onwards. However, the
demanded amount of Rs.5.50 lakh should be paid not later than 31 st.
May,09 with interest of 12% per annum. The interest is levied for the late
payment so that members who have paid on time are not put in the
disadvantageous position for their prompt payments.
Those members who make full payment of Rs. 5.50 lakhs, in addition to
Rs.1.10 lakh already paid, by 30th April’09 will be considered for
allotment of flat as per the position on 30th April. Those who are not able
to make full payment of Rs. 5.50 lakhs by 30th April will be considered in
Please note that early payments carry some incentives.
Members are requested to make prompt payment so that allotment of flat will be
carried out by end of April or beginning of May’09. This process of flat allotment
will facilitate to have individual purchase agreement of the members with the
builder which is mandatory for obtaining early group financing from Banks for
which negotiation is on. As per the MOU with the Builder, members are required to
make payment after this installment directly to the builder and the society will not
collect money from the Members.
Kindly make your payments in favour of “IRS (Mumbai) Housing Co-operative
Society”. Payments should be made by demand drafts and cheques payable at
Mumbai at par.
The contact details & options of members are given in Members-Details.xls
uploaded on http://www.slideshare.net/sandipgarg/slideshows The same may be
viewed and checked for correctness and updates required may kindly be emailed at
firstname.lastname@example.org or can be sent by SMS at 09892107893. The photographs
of the “Bhoomi Poojan” ceremony held on 27.03.2009 are available in the
presentation uploaded on the same web address.
(D. S. BENUPANI)
Dated: 1st of April 2009
Place : Mumbai