propety handover
Role of Apartment Owners Association in Apartment Handover from Builder
Apartment Owner Association is a statutory body that manages and operates all common resources and amenities. Handover from builder is vital after formation of Apartment Owner Associations or Co-operative housing society for the apartment. A builder is supposed to form a housing society within four months of the sale of 60 per cent flats. If […]
Handover from builder and Corpus fund for Apartment maintenance
The apartment owners association plays a vital role in maintaining the apartment and its amenities. But before the formation of apartment owners association, it is the duty of the builder to maintain the apartment and its amenities. Most developers provide a corpus fund for the maintenance of the apartment and its amenities. The builder collects […]
