Best Property Management

In the bustling landscape of urban living, housing societies stand as beacons of collective unity, fostering a sense of community and shared purpose. Behind the scenes of harmonious living lies a critical aspect that often remains unexplored—the judicious investment of funds. From ensuring the maintenance of common areas to preparing for unforeseen contingencies, the art of investment plays a pivotal role in the sustainability and growth of housing societies.

In this blog post, we embark on a journey to demystify the diverse investment avenues available to housing societies. Join us as we unravel the possibilities that empower these communities to not only safeguard their financial health but also enrich the experiences of their residents.


The Model Bye-laws of Cooperative Housing Society, in its Bye Law No 15. has asked the housing societies within the state of Maharashtra to follow the rules stated in The Maharashtra Cooperative Societies Act 1970, Section 70, when it comes to the investment of the society funds.

The Maharashtra Cooperative Societies Act 1970, Section 70 says that a society can invest its funds in one or more of the following places:

(a) It can keep its money in a Central Bank or the State Co-operative Bank.

(b) It can invest in things like stocks and bonds mentioned in section 20 of the Indian Trusts Act, 1882.

(c) It can invest in the shares, bonds, or debentures issued by another society that’s similar and has limited liability. But it can’t invest more than a certain part of its own money.

(d) It can also invest in another co-operative bank or a regular bank that’s approved by the Registrar. But it has to follow the conditions set by the Registrar.

(e) It can invest in other things that the rules or the State Government allow.

As we draw the curtains on our exploration of the myriad investment possibilities available to housing societies, one truth becomes evident: a well-planned investment strategy is the bedrock of financial stability and prosperity. The places where a housing society can invest their funds are not mere numbers on balance sheets; they represent the collective aspirations of a community seeking security, growth, and quality living. As the landscape of investments continues to evolve, the power to shape a prosperous tomorrow lies firmly in the hands of those entrusted with the management of these vital funds.

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