Housing Societies V/S Co-operative Housing In India

Ans: Co-operative housing societies are registered under the Co-operative Societies Act and are recognised by the Indian government. To address the housing shortage in metropolitan areas, the government also offers a variety of subsidies and incentives to encourage the growth of cooperative housing societies.

Ans: A management committee chosen by the members oversees cooperative housing societies. The committee directs all aspects of the society's activities, including upkeep, budgeting, and decision-making.