"What is the procedure to become a member of a cooperative housing society?"

Once you decide which co-operative housing society you wish to be a part of, you need to apply for a membership in the prescribed form and fulfill the following terms:

• Pay the full price of the number of shares needed for admittance and the entrance fee.

• declare information concerning any other property/home you or your family own anywhere in the area of the society’s operation.
• present a guarantee that the flat/home you are investing in will be used for the purpose for which it is being purchased and for no other reason.
• Declare all your sources of income/your dependence on others as a source of income.
• a certified copy of the stamped agreement you’ve entered into with the Promoter (Builder) or transferor.
• any such other declarations required under any bylaws of the society.

               The procedure to become a member of a cooperative housing society may vary based on the specific rules and regulations of the society, as well as local laws governing cooperatives. 

However, here is a general outline of the common steps involved:

1. Eligibility Check:

Ensure that you meet the eligibility criteria set by the cooperative housing society. Eligibility requirements may include factors such as residency, occupation, income, or any other criteria specified by the society's bylaws.

2. Application Form:

Obtain an application form from the cooperative housing society. This form typically requires personal information, details about your financial status, and any other information deemed necessary by society.

3. Submission of Application:

Complete the application form and submit it to the society along with any required supporting documents. These documents may include proof of identity, address, income, and any other documents specified by the society.

4. Application Review:

The society's managing committee or board will review your application. They may conduct background checks and verify the information provided in your application.

5. Interview (if required):

Some cooperative housing societies may require applicants to attend an interview with the managing committee or relevant authorities. This interview allows the committee to assess your suitability for membership.

6. Approval by the General Body:

Once the managing committee approves your application, it is typically presented to the general body of the cooperative housing society for final approval. Members of the society may have the opportunity to voice any concerns or objections.

7. Payment of Share Capital and Fees:

Upon approval, you will be required to pay the share capital as determined by the society. Share capital represents your ownership in the cooperative and is used to fund the society's activities. Additionally, you may need to pay any membership fees or entrance fees.

8. Issuance of Membership Certificate:

After completing all necessary payments and formalities, the cooperative housing society will issue a membership certificate in your name. This certificate confirms your membership and ownership in the society.

9. Participation in General Meetings:

As a member, you will have the right to participate in general meetings where important decisions are made. This is an opportunity to voice your opinions, vote on resolutions, and stay informed about society's affairs.
It's important to note that the specific steps and requirements can vary, and it's advisable to carefully review the bylaws and regulations of the particular cooperative housing society you are interested in joining. Additionally, local laws and regulations may influence the membership process. Seeking guidance from the society's office or management can help ensure a smooth application process.