MEMBERSHIP
RULE 1-
MEMBERSHIP WILL BE GIVEN ONLY IN THE NAME OF FIRST APPLICANT OF THE PROPERTY (SECOND APPLICANT/LEGAL REPRESENTATIVE ONLY IN THE CASE OF DECEASED).
RULE 2-
MEMBERSHIP WILL BE BASED ON THE UNITS ALLOTTED BY THE BUILDER. MULTIPLE UNITS WILL BE GIVEN SEPARATE MEMBERSHIP EVEN IF THEY ARE IN THE SAME NAME.
RULE 3-
NO SAPPHIRE COURT BUYER WILL AUTOMATICALLY BE TREATED AS THE MEMBER OF THE ASSOCIATION TILL THEY REGISTER THEMSELVES WITH THE ASSOCIATION.
RULE 4-
EVERY DETAIL OF THE MEMBERS WILL BE VERIFIED WITH THE FINAL LIST OF REGISTERED CLAIMS PREPARED BY RESOLUTION PROFESSIONAL IN CORPORATE INSOLVENCY RESOLUTION PROCESS. IN CASE OF ANY MISMATCH THE LIST PREPARED BY RESOLUTION PROFESSIONAL WOULD BE CONSIDERED AS TRUE AND FINAL.
RULE 5-
AFTER VERFICATION THE MEMBERS WILL BE ALLOTTED 1 SHARE OF THE ASSOCIATION AS IN THE CASE OF OTHER CO-OPERATIVE HOUSING SOCIETIES TO LEGALISE HIS MEMBERSHIP AS A FINAL ALLOTTEE OF THE PROJECT. FOR ALLOCATION OF SHARES SEPARATE PROCESS WILL BE SHARED AFTER PREPARATION OF FINAL LIST OF MEMBERS.
MEMBERSHIP FEE
SUBSCRIPTION FEE (RENEWABLE PER YEAR) : ₹ 2000/-
The Subscription Fee is chargeable to each unit separately which is renewable every year.
If anyone is having more than one unit in a single name then they have to pay for each unit separately.
The Subscription Fee is applicable for a period of 12 months starting from JANUARY to DECEMBER.
If anyone is paying the Membership Fee before December of the running year then the fee will be applicable to the running year.
For convenience of the members now the membership is totally online and no physical process is required.
A list of successfully subscribed members will be displayed on this website which will be updated after every 15 days.
₹ 100 is being charged extra as convenience fee which includes Online Payment Gateway Charges, Website Charges etc.