Formation of association.

srinath (Querist) 25 February 2013 This query is : Resolved
Hello sir/madam
i have purchased a flat at thanisandra main road, bangalore. The total flats in the apartment is 80 and nearly 60 flats have already been sold & nearly 30 are occupied till date. Now that builder is claiming to have begun his 1 year maintenance, we are planning to form an association so that both builder & we are associated in proper completion of pending works and also proper handingover of all relevant documents.

Now since one of our friends was suggesting, we are in a dilemma as whether to form a RESIDENT'S WELFARE ASSOCIATION OR OWNERS ASSOCIATION, its implications on the association, owners etc.
Can u pl guide or help in this regarding the pros & cons of forming RWA or O.A pl.

thanks,

srinath.

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B K Raghavendra Rao (Expert) 11 April 2013
You need to form Apartment Owners' Welfare Association and get it registered. Residents' Welfare Association is not a good choice.

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Formation of association.

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