Absolutely. Article (27) prohibits a Management Entity from charging or collecting any amounts for maintenance without first obtaining RERA approval. This approval is issued in line with the Master Community Declaration and criteria set by the Direc…
Absolutely. Article (27) prohibits a Management Entity from charging or collecting any amounts for maintenance without first obtaining RERA approval. This approval is issued in line with the Master Community Declaration and criteria set by the Director General. Furthermore, Article (27) mandates that RERA will not ratify a budget unless it has been approved by a certified audit firm. This rigorous oversight prevents arbitrary fee increases and ensures financial transparency.
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