Manoj Saini (1971)

Amit Kapoor (1953)

Khyati Sharma (1969)

A housing cooperative is a legal

entity, usually a corporation,

renting owns real estate,
consisting of one or more
residential buildings.

 Tenant Ownership Housing Societies:

The land is held either on leasehold or freehold by the

societies; the members own the houses, and are leaseholders
of the land. They must strictly comply with regulations
regarding transferring of houses but they can build their
houses according to their own needs and taste.
Tenant Co-Partnership Housing Societies:

The societies hold both land and building, either on

leasehold or freehold basis, and members have an occupancy
right upon paying an initial share and a monthly rent.

 Basic Amenities: They manage the basic amenities

like water, electricity, sanitation.

Education and Recreation: They build and manage

schools, libraries, parks, and gardens.

Health and Lifestyle: They can develop programs for

the benefits of their members such as health

programs, youth programs, collective transportation
arrangements, and ecological improvement programs.

 Shares from the housing co-operatives, the

States and other co-operative institutions;

Loans from the Housing and Urban
Development Corporation (HUDCO), the
National Housing Bank (NHB), the Life
Insurance Corporation of India (LIC),
commercial and cooperative banks, deposits
from members;
Debentures guaranteed by the Government.

 National Cooperative Housing Fedration

Set up in 1969
With the aim to promote, co-ordinate and facilitate

the development of housing co-operatives, along with

providing guidance to housing cooperatives and their
federations.
Sponsored by the Ministry of Housing and Urban
Poverty Alleviation.
26 State level federations are member.