Reminder: Registering a New Housing Society Now Follows Form Y-1, 30-Day Decision and Fixed Fees

No fresh circular was reported today, so this is a reminder of a rule that matters to every new building waiting to form a society. The Maharashtra Co-operative Societies (Amendment) Rules, 2026, notified on 18 June 2026, added Chapter XI-B (Rules 106C-1 to 106C-14) to the 1961 Rules, giving housing societies their own set of procedures, including for registration.

How registration now works

Promoters first apply for name reservation and permission to open a bank account in Form Y-1. Associations of societies use Form Y-2. The application may be filed by post, by hand or electronically. The Registrar is required to decide on it within 30 days, and registration must then follow within two months of that permission. The chapter also recognises a new Premises Society class alongside the existing types, and creates Co-operative Housing Associations and Associations of Societies as separate classes.

Registration fees

As summarised by the source, the fees are Rs 5,000 for a Tenant Ownership Housing Society and for other housing societies, and Rs 50 for housing societies of backward class persons. For Tenant Co-partnership societies the fee depends on size: Rs 2,500 up to 25 flats, Rs 5,000 for 26 to 50 flats, Rs 7,500 for 51 to 250 flats and Rs 10,000 above 250 flats.

What this means for housing societies

• Promoters and flat buyers forming a society should file Form Y-1 first, because name reservation and bank account permission come before registration.
• The 30-day decision period and two-month registration window give a timeline against which delays can be questioned with the Registrar's office.
• Fees depend on the type and size of the society, so check the category before budgeting for registration.
• Existing societies are covered by Chapter XI-B as a class, and some parts, such as the Model Bye-laws, roll out on separate timelines.

Sources differ on some details of Chapter XI-B, including the effective date, so committees and promoters should confirm the figures against the Gazette notification before filing. This is general information, not legal advice.