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Mumbai: Housing societies await new, 'improved' cooperative act

The new act, likely to be released in a fortnight, is expected to include the feedback sent in hundreds by housing activists, individuals.

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New act is likely to include the many suggestions sent to the state cooperative department. Representation picture

New act is likely to include the many suggestions sent to the state cooperative department. Representation picture

With the new state government finally up and working, it is likely to announce the new cooperative act in a couple of weeks. The act governs the functioning of state-wide housing societies (CHS) which were barred from holding elections till December 31. Housing activists claimed that the new act is likely to include the many suggestions sent to the state cooperative department.

A senior Mantralaya official of the cooperative department told mid-day that over a hundred suggestions and objections have been received regarding the cooperative act “but the entire department is working on the farmers’ loan waiver on top priority.” He said, “The housing election rules matter is yet to be finalised and work on it is under process. It will gain momentum only once the farmers' loan waiver concludes."

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