Latest Answer: What is the Eligibility to become a member in Society which is formed under KSRA 1960.
Normally the whole layout members will be treated as Members based on Flat/plot ownership.
I am sure that is not correct.
So, want to know who can be members of Society?
If, I am not planning to be a member, what clause I can point in Society Act to reject the membership or not to be part of the society.
Q:When we moved into an apartment, we paid the monthly maintenance based on the square feet of the flat to the builder. However, after forming the apartment residents' association, a few people are arguing that the maintenance charges should be equal for 2 BHK and 3 BHK flats. Can it be possible?I understand that maintenance cost determines the number of square feet one occupies and Undivided Share (UDS) that each apartment possesses. As a simple rule, 3 BHK will have an extra room and the UDS is more than the 2 BHK flat. So it should be based on the square feet each apartment has.The 3 BHK flat owners argue that even they have equal number of bathrooms compared to 2 BHK. Here the question is not only the bathroom. The extra room consumes the electricity when the DG is On, they use resources like water to maintain the extra room. The 3 BHK owners also pay the taxes based on the number of square feet they own. When it comes to the maintenance payment to the society, why should it be different?Please advise.Thanks,Madan
Latest Answer: Maintenance charges depend on square feet of each apartment or flat. Under this method, rate or fee varies depending on square feet owned by apartment owners. Larger the square feet owned, higher will be monthly maintenance fee. This is widely practiced in Apartment societies with different sizes of apartments. The general logic behind being that since you have bought the flat based of the sq. ft.area, you must pay the maintenance on the same basis.
Latest Answer: Hi Ranjeet, I have read that the project is facing lots of issues such as water seepage, OC not available, lift does not work and much more. I would suggest you that before buying a property here cross check each and every documents and if possible try talking some of the owners already living in this project so that you can get a fair idea.
Q:I have got documents from builder and have got the docs checks bu reputed lawer. there were quite a bit of flows in the documents majorly, they do not have EIA approval.secondly as per new laws their Aqua project is 13 mtrs away from drain, as per new rules, this should be at least min 15 mtrs away.Similarly they have other flaws in the documentation
Latest Answer: Hi All.. Ozone management is the worst management they have.. They are not responding properly for the issue and they are charging highest interest rates for non payments. They dont have proper customer support to sort the issue out and they charging 2lac for 45 days of delay due to bank delay in releasing the amount.. this is really sad and unacceptable.. Please circulate to your friends to beware of this property with heavy interest rates.
Q:We liked a resale flat the building is around 8 years old.The owner said the land is A khata however the flat is B khata as the broker had made an error while making the agreement. It would cost around 10,000 to get it changed.He also showed us the loan sanctioned by SBI for the previous buyer who couldn't complete the deal as he got a job in another country. Please advice how do we go about it.
Latest Answer: The Karnataka High Court made it compulsory that the Bruhat Bangalore Mahanagara Palike (BBMP) cannot award 'B Khata' certificates to buildings and properties. In other words, if a property does not have an A Khata, it is illegal as per the Karnataka High Court. So better convert your property to A Khata property.
Latest Answer: Both documents must be made and signed by the buyer and seller, in the course of a single buy-sell transaction.
Sale Agreement states the terms and conditions of the sale, agreed by both seller and buyer. On the other hand,the Sale Deed, states that the deal has been finalized and that the property has been handed over by the seller to the buyer