handover from builder after construction

Articles and Resources about handover from builder after construction

Take Over Maintenance from Builder

Tuesday, July 5th, 2011

Increasing land cost discourages middle or low income people to own an individual house in a prime locality.  The growing apartment culture in cities and increasing property value encourage property buyers to invest in apartment or flats. Every apartment complex has its own apartment owners association or housing society to maintain the apartment and its [...]

Handover from builder and Corpus fund for Apartment maintenance

Friday, February 5th, 2010

The apartment owners association plays vital role in maintaining apartment and its amenities. But before the formation of apartment owners association, it is duty of builder to maintain the apartment and its amenities. Most developers provide a corpus fund for maintenance of apartment and its amenities. The builder collects maintenance fund from each buyer which [...]