Legal Question in Real Estate Law in India
Formation of apartment society
If a builder delibeately delays the formation of apartment society and keeps the responsibility of maintaining the apartments with vested interest, what the residents can do legally to form a society which will be recognised in the eyes of the law as legal & valid and then take over the maintenance responsibility from the builder?
3 Answers from Attorneys
Re: Formation of apartment society
There is either an apartment condominium or a co-operative housing society.
Condominium can be formed only by owner and developer. However, a co-operative housing society can be formed even by the holders of flats. Such society is perfectly legal and valid.
However, for getting control over the property, you need to approach the court or concerned authorities as per procedure.
Re: Formation of apartment society
Hello.
Your possesion letter with the society of the developer needs to be reviewed.
Please contact personally alongwith the details.
Re: Formation of apartment society
You may take appropriate steps in accordance with your agreement with the builder.
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