RERA holds extensive powers to inspect and audit the operation and maintenance of Common Parts and Common Facilities. They record violations and serve notices on developers or management entities if they fail to keep the property in good condition.…
RERA holds extensive powers to inspect and audit the operation and maintenance of Common Parts and Common Facilities. They record violations and serve notices on developers or management entities if they fail to keep the property in good condition. Furthermore, RERA audits the Service Charges and Usage Charges accounts, reviewing all revenue and expenditure. They may engage certified auditors to verify financial data and investigate complaints from owners or committees regarding the mismanagement of building funds or maintenance duties,.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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