The Chennai Metropolitan Co-operative Housing Society Ltd No.900 was registered as early as 12.03.1912 and started its function on 05.04.1912 at No.50. Ritherdon Road, Vepery, Chennai – 600 007, housed in own building with a built up area of 6000 sq.ft constructed in 8.5 grounds and working in profit since its inception and now marching after completing its centenary.


The area of Operation of the Society is confined to CMDA limits in respect of lending activities and in respect of Housing Schemes it is upto Kancheepuram District and Thiruvallur District.


The Main Activities Of The Society are


Miles Stones in the History of Society.

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Golden jubilee celebrations

In the year 1962, Society celebrated its Golden Jubilee under the Presidentship of the then Honourable Chief Minister of Tamil Nadu Shri.K.Kamaraj.

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Diamond Jubilee Celebrations

In the year 1972, the Diamond Jubilee was celebrated under the Presidentship of His Excellency Thiru. V.V.Giri the then President of Indian Union. His Excellency Thiru. K. K. Shah, the Governor of Tamil Nadu also participated in the function.

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Platinum Jubilee Celebrations

In the Year 1988, the Platinum Jubilee was celebrated under the Presidentship of His Excellency Thiru. Dr. P. C. Alexandar the then Governor of Tamil Nadu. Now the society is marching forward after completing its Centenary.



Management

The Management of the society vest with President along with 10 elected board of directors.

The affairs of the society is manned by its secretary in the cadre of Deputy Registrar of Cooperative Societies assisted by two Managers and other employees all numbering 16 employees. Society is having the services of a Cooperative Sub-Registrar on F.R.127 terms for property inspection and loan recovery by Arbitration and Execution and one Cooperative Audit Officer under FR 127 terms for auditing.


Board Of Directors

Awards Received

The Society was continuously selected as the best working society by the District Cooperative Central Bank, Tamil Nadu Cooperative Housing Federation, Tamil Nadu Cooperative Union and by Government of Tamil Nadu.


Self Reliant

Society is self reliant for lending from its own deposits and own funds and has No borrowings from its federal/any financing agency.


MENTION A FEW OF THE HIGHLIGHTS OF THE SOCIETY IS THAT THIS SOCIETY WAS THE


  • First to launch lending of House Mortgage loans / Jewel Loans among Co-Operative Housing Societies.
  • First to computerise its entire system of functioning.
  • Only one society having secretary in the cadre of Deputy Registrar.
  • First Society to launch House Site / Flat Housing Schemes.
  • First Society to get an ISO 9001-2008 Certification.

Society is working in profits since it inception and is also awarded “A” – Class Society in Audit conducted by the Director of Cooperative Audit. The society declares maximum Dividend @ 14% every year to the members (The Highest rate of dividend as provided in TNCS Act and Rules).

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