I recently asked a question to my society maintenance office: is a housing society allowed to impose compulsory insurance charges? They said yes, a housing society is permitted, and frequently needed, to impose compulsory insurance payments. They may impose mandatory insurance premiums if those regulations are stated in their bye-laws and accepted by the general body. It is a responsibility to protect common areas and the building's structure from hazards such as fire, natural disasters, and accidents. These fees are a necessary component of maintenance. Essentially, it ensures the safety of shared property and complies with regulatory standards.
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Can a housing society charge compulsory insurance?
Can society charge compulsory insurance for individual flats of members as part of maintenance invoice?
Weave
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5 months
2025-09-12T11:34:03+00:00 2025-09-12T14:42:37+00:00Comment
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