6 Benefits of Living in a Cooperative Housing Society


Cooperative housing societies are set up by members coming together in the spirit of cooperation. These highlight the spirit of community living. There are a number of advantages of living in a cooperative society -



Democratic administration

One of the greatest advantages of living in a cooperative housing society is that the administration of the society rests with a democratically chosen group. This also means all major decisions are put to vote and the members (residents of the society) have a say in decision-making with regards to development initiatives. If the society is not satisfied with the functioning of the office bearers, periodic elections are held where any member can contest to be elected to these posts.

Safety and security

In the present day scenario the safety and security of our family ranks top among our concerns. Living in a cooperative society is a great way to dissipate our concerns. These societies often hire security firms to man the premises and have security systems in place. Quick alarms, entry journals, CCTV setups, ID verification of visitors, etc. are common security systems that cooperative societies adopt. Friendly and helpful neighbours also form part of the security systems in these societies.

Affordable amenities

When we are out hunting for flats for sale in Navi Mumbai we often wonder what sort of amenities we will find. Cooperative societies come with the added benefit of collective bargaining power. This means that services and amenities that may often be unaffordable for an individual will now be available for a low fee. Be it setting up a large composting machine or an in-compound gymnasium, renting a large party venue available to members at a discounted fee or finding a good yoga instructor, all amenities become very affordable in a cooperative society.

Responsibility sharing

One of the greatest advantages of living in a cooperative housing society is the sharing of responsibilities. Carpooling is a great example. When people working in the same neighbourhood live in the same society, it is best to pool in and drive to work together. Similarly, any repairs, maintenance, modification work can be taken up and the costs and responsibilities shared.

Strong community

From luxury apartments in Mumbai to MIG cooperative housing societies, forming lasting bonds with our neighbours, living in a strong and supportive community is one of the greatest blessings. A cooperative society of homeowners tend to bond closely, celebrating festivals together and partaking in each other’s joys and sorrows. Children form great friendships in these societies and shared interests bring families together.

Embracing diversity

Living in a country like India comes with a number of responsibilities. One of the greatest among these is learning to embrace the diversity in the country. Living with people from various religions, ethnic backgrounds, language and culture helps us appreciate the beauty of the integrity that underlies these differences. It also helps us appreciate the food and art, festivals and cultures of others. This is a great learning experience for our children as well.

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