Event alert: Best practices for associations as builder hands over a new apartment building

New Apartment Associations often face issues -- from electrical to sewage treatment. This event brings best practices on taking over from a builder.

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 lack awareness or resources or both. Issues blow up a few years down the line, often necessitating the Association to spend a large amount of money with no or minimal support from the builder!

ADDA in collaboration with Citizen Matters and Bangalore Apartment Federation (BAF) is hosting an event which focuses on practical insights, comprehensive checklists and how-tos on the handover management landscape. The event is targeted toward RWAs and housing societies that are either in the process of undergoing or about to undergo builder handover.


Read more: Apartment management: Before the builder hands over


A typical multi-storied apartment building (or complex of many buildings) is a collection of multiple elements, each of which is integral to maintaining a proper quality of life for residents. It is essential MCs follow proper processes while taking over – from documenting information, to using the right tools to manage the complex to performing an audit before warranties end.

Adda builder to association handover event poster
A blueprint for builder-association handover. Graphic credit: ADDA

Read more: Apartment management: How to avoid problems post handover


Agenda

  1. A checklist for builder handover
  2. Builder handover: Digital practices and global perspectives
  3. Guide to handover audit
  4. Panel on operational aspects during takeover: Inputs from customer service experts and MC members
  5. Panel on legal and regulatory considerations during handover: Inputs from developer representatives, RWAs and legal experts

Participants include Uday Simha Prakash (Founder, Nemmadi), Satish Mokhashi (VP, Prestige Property Management and Services), Rahul Raj (Director, RM Consultants), Ajith Alex George (Director, 42 Estates), Col. Narsimhan (Brigade Group) and Mithun Gerahalli (Lawyer). Experienced apartment association resources include Iswar Dixena, Gautham Kamath, Hareesh Sivaraman, Arathi Manay, and Meera K will also be part of this.

Also read:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Similar Story

Assembly elections Maharashtra: Meet your new MLAs, Mumbai

The Mahayuti has swept the Maharashtra assembly elections, and government formation will happen soon. Here is a list of the newly elected MLAs.

Riding on the success of Ladki Bahin Scheme and a flurry of manifesto promises from better pension for older people, increased honorarium for Asha and Anganwadi workers, the Mahayuti - BJP, Shiv Sena (Eknath Shinde)  and NCP ( Ajit Pawar) have swept the assembly elections with a tally of 230 out 288 seats in Maharashtra and 22 out of 36 seats in Mumbai. They are yet to announce the chief minister amidst heavy speculation as successful MLAs celebrate. As various reports and analyses indicate that the main factors were launch of welfare schemes or promises of the same, communal agenda…

Similar Story

Maharashtra elections 2024: What do political parties promise for Mumbai in their manifestos?

Political parties have tried hard to woo their voters before assembly elections. We analyse their manifestos ahead of voting on November 20.

The 2024 Maharashtra election is not just a crucial determiner for the State but also for Mumbai. This is because it comes at a time when the Brihanmumbai Municipal Corporation (BMC) has been disbanded, leaving citizens without corporators to represent their concerns for the past two years. With no local representation, it isn't surprising that many candidates have released their individual manifestos, outlining the work they plan to undertake in their constituencies within the city. But do these manifestos address the challenges Mumbai is facing right now? The city has been struggling with a myriad of issues — huge gaps…