I want for collecting funds for the future betterment of the housing society. give some thoughtful suggestions.
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Living in an apartment connotes various things to various people: community living, safety, companionship, etc. But living in a flat also brings a set of attendant problems.
Investment in a house or flat is a capital expenditure that sets off a series of revenue expenses clubbed under the head of ‘maintenance’. While most of us do detailed planning and debate a thousand times before deciding how much to spend on acquiring a roof over our heads, most of us overlook the recurring outlay involved.
As a rule of thumb, maintenance expenses are inversely proportional to the quality of materials used in construction, and directly proportional to the age of the building.
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