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apartment owners

Apartment

Rights of apartment co-owners on common areas

A common area is a piece of land held in common by more than one person. Lot of disputes arise between occupants of apartment complexes concerning the use of the common areas. The people who jointly hold the common areas are known as co-owners irrespective of the size of their holdings. By understanding the nature […]

CommonFloor Editorial Team

Apartment owner’s association

Hand Over Orchid Petals Gurgaon to RWA

After a prolonged power struggle between the owners and the developers, the Gurgaon Senior Town Planner (STP) insisted that the Orchid Infrastructure Developers Pvt Ltd (OIDPL) hold the RWA (Resident Welfare Association) elections by May 4. This battle has been fought for over a year and has finally gained a result. Also the STP has […]

Relocation Makes Sense In Real Estate

Relocation is new mantra or trend in today’s real estate industry. Apartment owners or property owners who had been living a peaceful but luxurious life in posh areas now find the rapid commercialization in their areas and decided to sell their property and buy reinvest that money in plots that are one-third the price a […]

Service Tax on Construction and Sale of Residential Property

As per the budget proposal for 2010-11, the finance ministry has suggested service tax on construction and sale of property. Service Tax is a tax levied on service providers in India. The objective behind levying service tax is to reduce the degree of intensity of taxation on manufacturing and trade without forcing the government to […]

Formation of Apartment Owners Association in Hyderabad

Hyderabad is the most populous city of the South Indian state of Telangana. The city is regarded as a blend of traditionality with modernity.The city is administered by a nagar nigam called Greater Hyderabad Municipal Corporation (GHMC). The apartment owners in India can voluntarily form an Apartment Owners Association for the maintenance of the apartment […]

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