The handover process with all its financial, operational and technical aspects can be hard to nail down. Yet, it is the most pressing challenge as an association prepares to run the affairs of a community. Issues like late handover and defects within the apartment are common complaints of most individual apartment owners taking possession of their new property. At an association level, however, issues are even more complex and often ignored. The issues range from major defects, incomplete construction, lack of documentation, improper handover of maintenance corpus etc. In a new apartment, a freshly constituted Association’s Managing Committees (MC) may…
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