How are Building Management Regulations issued for major projects?

For Major Projects and Hotel Projects, the Developer is responsible for issuing the Building Management Regulations. These regulations must be formally approved by RERA before the developer can make any legal disposition or sale of units. The docume…

The full explanation

For Major Projects and Hotel Projects, the Developer is responsible for issuing the Building Management Regulations. These regulations must be formally approved by RERA before the developer can make any legal disposition or sale of units. The document serves as a roadmap for maintaining common parts and specifies the percentage of contribution required from owners for maintenance costs. If a project is developed in stages, a separate regulation must be issued for each completed phase to ensure continuous management oversight.

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