Real Estate Forum on Corpus Fund

Latest Answer: Hi Sudhang, The extra perks that you get from builder varies, it depends on the popularity of the builder and his accomplishments. What you can do is to compare notes with other people and decide what is best for you. It is paid on the old carpet area. The corpus amount is worked out on the basis of Rs……..per sq.fts on the existing carpet area.

Latest Answer: I would rather suggest you to take advice from your legal expert who deals with this kind of cases.

Latest Answer: Normally a corpus fund denotes a permanent fund kept for the basic expenditures. If an association decides to collect amount from its members for Corpus fund, the member cannot opt for non payment. I think your association may thought instead of making burden on members, they could change the BWSSB amount in to corpus fund. I also recommend that if association is collecting Corpus fund from members, it should be equal for all members. The non payment of corpus fund cannot be a base for disconnection of services like water and electricity.
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