If a jointly owned property does not already have a Building Management Regulation, RERA is authorised to issue one. To ensure these regulations are comprehensive, RERA may hire specialised companies to assist in the drafting process. These regulati…
If a jointly owned property does not already have a Building Management Regulation, RERA is authorised to issue one. To ensure these regulations are comprehensive, RERA may hire specialised companies to assist in the drafting process. These regulations are essential as they define the procedures for maintaining common parts and determine the contribution percentages for owners. By taking this role, RERA ensures that even projects without developer-led initiatives have a clear, legal framework for professional and sustainable property management.
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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