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Redevelopment is the process of demolishing an existing building altogether and constructing a new one. It is a massive undertaking that requires a highly proactive and careful approach on behalf of the housing society. Let’s dive into the specifics of redevelopment and its many components. steps in redevelopment of society
What is the procedure for the redevelopment of a housing society?
Before opting for redevelopment, the society must complete a Structural Audit of the existing building. Once that is accomplished, you’d have to consider the below-mentioned steps:
1. Call a Special General Body Meeting (SGM)
As per the new rules of redevelopment of society the managing committee should convene a special meeting of the members to discuss the redevelopment project. The bye-laws state that 75% of the total number of members should be in agreement with the redevelopment project before it can be officially undertaken. (According to a redevelopment law amendment in Maharashtra, older and smaller buildings only need 51% of member approval). It is also recommended that a special redevelopment committee be set up to supervise the entire process.
2. Get quotations from architects/project management consultants (PMC)
The Committee should invite bids from at least 5 architects/PMC and present their quotes to the members before zeroing in on one of them in another SGM. They should be empaneled with the government or a legitimate authority and have a good reputation in real estate development. The members are allowed to give valid inputs and suggestions throughout the process.
3. Submit proposal for building redevelopment project
After finalising terms and conditions and, scope of work for the project with the architect/PMC, the committee must submit a proposal for the said project.
4. Receive project report
Within two months of their appointment, the architect/PMC will present to the committee a Project Feasibility Report. This report considers factors such as Floor Space Index (FSI) and Transfer of Development Rights (TDR) with respect to total residential area, common spaces, gardens, etc. The Report is made available to all members of the society, and suggestions are invited before any approvals are made.
5. Invite tenders from developers
The Architect/PMC prepares a Tender document to receive competitive bids from developers. One primary requirement is decided, which cannot be changed. This could be the carpet area or corpus fund (an amount paid by the developer due to redevelopment). In a subsequent SGM attended by the officials of the developers, all the tenders are discussed in open in the presence of the members.
6. Choose a developer
The Architect/PMC makes a comparative study of the tenders considering factors such as financial expenses, market reputation, technical soundness, successful projects of each developer and shortlists at least five. By the redevelopment rules, one of them is selected by the 3/4th majority of the members and the project can be initiated after making an agreement with the selected developer.
What are the documents needed for redevelopment?
Legal documents needed are society registration certificate, conveyance deed (necessary for self-development projects), sale deed, title certificate, a certified property card (showing ownership in the name of society), the original building plan, structural audit report, redevelopment agreement, copy of new approved plan, flat-wise carpet area list, Development Plan (DP) remark (details of the land and its surrounding area), electricity bill, water bill, and all other legal documents pertaining to the land and the buildings.
Self-redevelopment of a housing society
In recent times, more and more societies have started to opt for self-redevelopment, a process in which the builder/real estate developer is not involved in the equation at all. Societies hire architects/contractors and carry out the entire process by themselves. By choosing this option, the profit remains in the hands of society, and the possibility of fraud, delayed construction, and loss of FSI does not occur. The members end up getting a higher incremental carpet area, and the entire profit on the project gets divided equally among the members.
Financial loans and government schemes are available for self-redevelopment. As of January 2019, the government of Maharashtra is already considering giving a boost to the self-redevelopment model by sanctioning Rs.780 crore to redevelop 19 housing societies. In Mumbai alone, around 5800 projects are stalled due to glitches or setbacks at the hands of developers. Reportedly, around 50% of co-operative housing societies in Mumbai are in need of redevelopment. It was declared in March that the government will set up a special panel to incentivise self-redevelopment projects, especially in the suburbs. Mumbai Bank is giving a loan of Rs 50 crore per project. Other states are expected to follow suit in lieu of affordable housing initiative.
What is corpus fund in redevelopment?
In general terms, Corpus Fund meaning can be referred to as a capital fund; an amount kept aside for an organization/entity to operate, exist and maintain itself. These funds are not meant to be utilized for the attainment of any objectives and are accrued through voluntary contributions.
With respect to corpus fund for apartment, it’s the responsibility of the developer to collect the corpus fund in order to maintain the amenities and facilities. In other words, it’s a lump sum amount collected (think of it as a pre-paid maintenance charge) from the home buyer for maintenance purposes and is not included in the total sale amount of the property. Not the corpus fund but the interest generated on the amount can be actually utilized by the developer for the aforementioned maintenance expenses. However, once the housing society or the apartment association is formed, the developer has to hand over the corpus fund to the managing committee. For further permanent upkeep, residents pay a maintenance charge to the MC on a monthly, quarterly or annual basis on a calculation method decided unanimously.
A word to the wise
Once you give your consent in writing for redevelopment, it is irrevocable in the court of law. Therefore, the decision must be deliberated upon with caution. Also, it is imperative that you hire the services of a competent lawyer to draw out the agreement between the society and the developer and ensure that the timeframe clause is strongly captured with applicable penalties if the developer is not able to finish the project on time.
A developer is expected to finish the redevelopment project in two years with a maximum extension of one additional year. Along with the agreement, the developer is expected to give a bank guarantee of minimum 20% of the total project cost. Members residing in the building will have to move to temporary accommodation while the work is in progress. The developer usually provides alternative accommodation in the vicinity or pays monthly rents to the members for a year.
Before the residents can move out and the building can be demolished, the developer must submit the building redevelopment proposal to the municipal government, who then issues an IOD (Intimation of Disapproval). NOCs from fire authority, environment authorities, etc. are obtained. After these procedures, the Commencement Certificate is given. The residents can also claim expenses of moving and packing. You are also entitled to receive a security deposit from the developer which is the entire amount of the cost of redevelopment.
What are the benefits of redevelopment?
If your building is at least 25 years old or in dilapidated conditions, structural repair and renovation will only increase its lifespan by 4 to 5 years. Redevelopment is a more feasible and sustainable choice for the long run. The market value of a redeveloped apartment is higher than that of a repaired one. Its saleability and resale value increase by manifold. A redeveloped building offers wider, cleaner, newer living spaces for the residents, thus raising their standard of living.
Additionally, a redeveloped property usually gets upgraded amenities, such as swimming pool, gym, playground, community hall, the latest security systems, fire fighting systems, better lifts, bigger parking spaces among others. If your building is in a premium area and is slated to go for redevelopment, the market value will be even higher after redevelopment. Societies also have the provision to ask for an extra room in their apartment from the developer, thus making their living condition even more comfortable. If additional storeys are constructed, they can be sold off for profit, which, in a self redeveloped project. can become a massive source of revenue for the members.
All said and done, a poorly managed or unsupervised redevelopment project can be a nightmarish experience for the members. The members should ensure a reliable managing committee looks after their interests and exercises utmost caution in handing over the project to a conscientious developer and keep a vigilant watch over every procedure of the entire process.
Property owners in Delhi should use caution and vigilance while renting or leasing space to potential tenants. For security purposes, it has become significant to always be inquisitive about the people one is dealing with. Therefore, a landlord is continuously on the lookout for several warning indicators to enable prophylactic steps before something hazardous happens. In conducting a background check on prospective tenants, landlords need to be on the alert for potential warnings as Delhi is a city where violence is consistently in motion. Therefore, it is required to abide by the legislative directives provided by the Delhi government, which combines carrying out Delhi police tenant verification with directives issued by the officials.
Every Indian city, including Delhi, has implemented mandatory regulations that force landlords and tenants to submit background checks. Initiating a strategy for dealing with problematic or dubious property owners or tenants—who may be con artists or fraudsters is helpful. They could even be violent or criminal antisocial elements who disrupt people’s property, lives, or financial stability. One has a significant financial investment in their home, villa, or apartment as a property owner. As a result, a landlord must adequately shield his investments, and tenant verification is an excellent tool for doing so. The Delhi police tenant verification is unquestionably crucial for safeguarding several possessions and standards.
What is the need of Delhi police tenant verification?
Delhi now requires tenant verification due to an increase in crime. The behavior of a person is very difficult to predict. A tenant may be a criminal who poses a risk to the property owner and the neighborhood’s residents. An effective technique that guarantees someone can be apprehended if they try to hurt someone or perform a crime is tenant police verification. Landlords run the risk of housing subpar tenants by failing to conduct thorough tenant screening.
The Indian Penal Code’s Section 188, which deals with public officials who disobey orders, permits offenders to be penalized if their actions result in any harm as a result of their disregard for the law. A fine of Rs 200 or a punishment that includes a term of jail that may last up to one month will be imposed on the violator. When renting out a house, a landlord must make sure the tenants are fit to manage or reside in the home. A bad tenant will only make it more expensive for a homeowner to lose money because of non-payment of rent, loss of property, and legal costs. Investigations on tenants are essential because of this. The right applicants for the rental property can be found by a homeowner by running a tenant background check.
Implementing a tenant verification will eliminate the risk of the following:-
- Police visits to tenants help identify horrific crimes, as well as aid in the capture of evading criminals and enhance property security. Additionally, it can assist in locating unauthorized occupants and instill a sense of legal dread in tenants.
- Tenant verification allows landlords to undertake an investigation and learn more about the past behavior of their tenants. This gives them the chance to confirm the veracity of the information given by tenants and the absence of any unethical business practices.
- When a tenant’s information is verified, they are informed that it has been entered into the local police database and are asked to refrain from carrying out any offensive operations.
What is the online procedure of Delhi police tenant verification?
A landlord can give Delhi Police online access to tenant information. Tenant verification ensures that landlords thoroughly investigate potential tenants before allowing them to occupy a property. The police do tenant vetting. Before handing over the keys to a home or apartment, every landlord should complete the necessary paperwork and apply for renter police verification online in Delhi or by downloading the form. The online Delhi police tenant verification fees are Rs.250. Landlords must comply with police tenant verification requirements under the law.
To complete the process of police verification online in Delhi certain steps must be taken into account.
- Visit the webpage for the Delhi Police or the state government’s online resource for your desired location.
- Next, locate the website’s online police verification form, select citizen service, and then select tenant registration and create a new account.
- Fill in the information required and don’t forget to jot down the username and password.
- Click on submit and an OTP will be sent to a mobile number.
- Enter OTP and punch on verify.
- Successful user creation will be indicated by a notice. A username and password are required to gain access.
- The tenant police registration page will be opened.
- Enter the owner’s credentials and tenant’s information including complete name, previous and permanent address, mobile number, place of employment, and other occupational details.
- Enter the tenant’s reference contact details.
- Click on the affidavit and attach identity proofs like a photograph, an adhaar card, a rent agreement, and PAN.
- Click on submit and the form will be registered with Delhi police.
Offline procedure for Delhi police tenant verification
The following procedure must be followed for offline tenant police verification. The offline Delhi police tenant verification fee is Rs.500.
- Visit the online Delhi police portal and download the police verification form or collect it from the nearest police station.
- Fill in the owner’s and tenant’s required details including name, complete address, contact details, etc.
- Attach all the required documents like identification proof, a lease agreement, and more.
- Fill in all the details carefully and don’t forget to recheck it before submitting the form.
- Sign and submit the form to the Delhi police station.
- Maintain the accuracy of the details to avoid any legality in the future.
Delhi police tenant verification: documents to check
Tenants and landowners can locate one another easily thanks to internet sites that serve as a mediator. However, given how much legal labor a lease agreement entails, both parties need to be completely informed of the paperwork needed to complete the transaction.
1. Electricity bills
Electricity invoices are typically issued in the landlord’s name. Always examine the past due amounts and any penalties for past late payments. In particular, if using several heavy-load appliances, one might verify the overall load permitted on the electricity meter.
2. No-objection certificate
There are a lot of housing societies with restrictions and preferences for renters in places like Delhi and elsewhere. To prevent such disputes, it is a good idea to ask the landlord about the society’s bylaws and the no-objection certificate from the apartment’s administration.
3. Proof of Ownership
Additionally, tenants have the right to request proof of home ownership, such as a legal title or any other credential authenticating the homeowner’s authority to rent out the property.
Ensure sure that all the information is credible while completing the tenant police verification. A lawsuit can result from any discrepancy in the information.
Many of us use the words flat and apartment interchangeably in India. When you are looking to buy or rent a home, even a broker will say flat and apartment in the same breath, speaking about the same property. To us, it usually means a living unit in a building with a hall, kitchen, bedroom(s) and bathroom(s).
However, a flat and apartment aren’t quite the same when you speak about them outside of India. Flat is a word that is used mostly in the United Kingdom. It emerged during the industrial revolution immigrants from rural to urban areas began moving to cities and the need for buildings with affordable rental units became popular.
In America, people say ‘apartment’ when referring to the same housing units. In some cases though, the term ‘apartment’ indicates a better standard of accommodation than ‘flat’ would imply.
What is a flat?
The origin of the word ‘flat’ came from the Old English word ‘flet’ which referred to any place made for living – its literal meaning is house or floor. It dates back to the 1300s. The Scottish word ‘flet’ translates to the house interior. Today, the word is used to describe a living unit in a building which is on a single level.
What is an apartment?
The Italian word ‘appartamento’ is where the word apartment originates from. This word means private rooms for a person or a family to use in a house. The French word appartement is also where ‘apartment’ has originated from and it similarly means ‘a separated place’. It is usually used in American English, whereas the word ‘flat’ is used as an equivalent to ‘apartment’ in British English.
What is the difference between a flat and an apartment?
The term ‘flat’ and the term ‘apartment’ aren’t very different from each other, especially if you are living in India. The term is used identically here. However, if you do live abroad, there are some differences you should be aware of. For instance, in America, an apartment is a rented residential unit in a building with many such residential units. However, if these units are owned, they are called ‘condos’ – short for condominium.
In multi-story residential units, with no other residents living above or below your space, this type of residence is referred to as a ‘townhouse’.
Then there is a duplex, which is a multi-family home which has two units in the same building. While these separate units will share a common wall, their floor plan can be different. The two residential units can either be side by side or one on top of the other.
In the UK, the term ‘apartment’ has a more premium connotation than the term ‘flat’. An apartment is considered to be a residential unit that is luxurious and owned by high-society residents. The term ‘flat’ is often used when talking about homes belonging to lower-income residents of buildings.
In India, we use ‘flat’ and ‘apartment’ as if these are the same. Your preference for the term you use may depend on whether you are more accustomed to British English or American English. In India, the term flat can sometimes refer to living units of a smaller size in smaller, standalone buildings. In this case, a flat is a single residential unit that takes up a single floor of a building.
On the other hand, an apartment is often thought of as one of several residential units in a large building complex (which could have multiple buildings and blocks). Apartments are usually several residential units per a single floor as these buildings tend to be larger than those containing flats. In an apartment building, there could be multiple units of different sizes, such as 1BHK, 2BHK, 3BHK in a single floor. A building with flats would usually have only a single, smaller flat of one size per floor.
Pros and cons of living in a flat
1. Pros
There are usually a smaller number of living units in a building with flats and therefore you have more of a say in issues regarding the building. For example, if you buy an under-construction property, you may be able to give your inputs on the construction quality, materials used and the amenities to be provided by the developers.
As there are fewer residents in buildings containing flats, there is often more privacy and fewer rules governing the building. Flat owners rarely face issues that some apartment complex residents may come across regarding parking rules, pet ownership, etc.
Flat owners usually stay in buildings that are more centrally located which could make commuting to schools and workplaces easier. The availability of a range of shopping, healthcare and entertainment options could also be better.
2. Cons
Flats tend to have poorer security as there may be just one or two security guards to take care of the building.
Cleanliness and maintenance can also be a concern when there are fewer residents to pay and keep track to these services.
The amenities in buildings that contain flats can be limited as space is a constraint. So you may not find the facilities you enjoy in apartment complexes such as swimming pools, sports courts, game rooms and gyms.
Pros and cons of living in an apartment
1. Pros
When you live in an apartment, you are most likely to enjoy a building with a more spacious compound, especially if your housing society has many buildings.
Apartment complexes usually have amenities such as a swimming pool, gym, badminton court, basketball court, football field, club house and more.
Apartments tend to be cheaper to purchase as there are many residential units in these high-rise buildings that are often situated away from the main areas of the city where land prices are higher.
Because there are so many residents, the likelihood of making friends and socialising is higher.
Security and maintenance is often better in apartment complexes than in flats because there are so many people contributing and keeping track.
2. Cons
As there are a larger number of living units in an apartment complex, you may not have a lot of say in issues, especially if you disagree with the majority. Inputs on construction quality, materials used and the amenities to be provided by the developers will probably not be up for discussion.
In apartment complexes, there are usually a greater number of rules governing the buildings. Flat owners often have to abide by strict rules on parking, guest parking, pet ownership, changes to the flats and more.
Apartment owners usually stay in complexes that are not as centrally located, which could make commuting to schools and workplaces time-consuming.
The differences between a flat and an apartment in India
If we go by the usual definition of a flat and an apartment in India, we can point out the subtle differences between the two. Here are the key differences
| Flat | Apartment |
| Word of British origin | Word of American origin |
| Usually is segregated into a hall, master bedroom, smaller bedrooms, bathrooms and a kitchen | Does not have a definite living plan and can be any form of dwelling – studio apartment, standard apartment, townhouse or duplex |
| Has all the basic living amenities | May have more than the basic amenities |
| Usually considered an average to premium living space | Usually considered to be a premium living space |
| Often referred to living units in smaller standalone buildings | Often referred to living units in larger complexes with multiple buildings |
| Tend to be more popular in well-known areas that have been developed for a long time | Usually popular in areas further away from the city centre where space is more abundant |
| May be more expensive than an apartment | Can be less expensive than a flat, especially if it is far away from the city centre |
There’s no hard and fast rule that you must choose one over the other when looking to rent or buy a home. Most people will look at flats and apartments when searching for a place to live.
Whether you choose an apartment or a flat to live in will really depend on which area you’d like to live in, the affordability of the rent or price of the home, the number of bedrooms and size of place you require, what amenities you are looking for and which home you finally see yourself comfortable in.
Other important factors to keep in mind are parking, easy access to public transport, security of the building or complex as well as security of the neighbourhood, maintenance and whether there is smooth and cordial communication between residents and the managing committee.
Anyone who has lived in Hyderabad for a few years will be aware of exactly how hot it can get inside the house during summer. Nothing can help make it easier to bear the heat except for an air conditioner running on full blast. But after being left unused for a few months during the winter, the ACs often start malfunctioning. This is a common problem across many houses, and local technicians for AC repair in Hyderabad become increasingly difficult to find in the summer. They charge exorbitant prices, fail to show up on time, and perform shoddy repair work that often requires repeated fixes.
But those sleepless nights waiting for the AC technician to pick up your calls are now long gone. Hyderabad residents are using the Mygate service to contact AC repair technicians whenever they need and get their AC repaired promptly and professionally. Mygate offers affordable and convenient AC repair services in Hyderabad, which can be booked online through a mobile application.
So, do not let the heat get to you any longer, do not sacrifice your daily productivity for the sake of the heat, just download Mygate and make it easier to own an AC unit. AC repair in Hyderabad has never been easier.
Why use a trained Mygate technician for AC repair in Hyderabad?
In a city where temperatures soar to record highs every year, a good home cooling system is essential for the health and well-being of residents. Relying on an untrained technician for this task seems a little risky.
At Mygate, all AC repair technicians have proper training and are qualified to work on a wide variety of systems. They ensure that residents will always breathe in fresh, cool air. When customers use Mygate professional AC repair technicians, they can also be assured that their systems will not be compromised by poorly done repair/maintenance.
AC systems can be expensive, so maintaining them properly with the help of qualified professionals is the best way to save on future replacement costs. To check out more Mygate home services, visit our official website.
But even apart from the professional technicians, Mygate offers a wide variety of customer benefits.
Benefits of Mygate AC repair service
Online booking – Customers can book everything online without any extra hassle or wait time because we believe in delivering comfort and convenience to our customers. All bookings and payments are processed through a simple, user-friendly mobile application.
Quick service – Mygate services are very prompt, and a technician will be dispatched to your residence as soon as possible. There is no endless waiting for days while your technician takes his sweet time to come to you. We understand how difficult it can be to live in the Hyderabad heat, even for a few hours without an AC, and we do not want our customers to suffer in that condition for very long.
Secure – With Mygate, there are no safety concerns about unknown people entering the house. Mygate vets its employees and keeps records of their identification. Customers can also track the status of their repair and the expected arrival time of their technician through the app to be doubly sure about the identity of the person who is coming inside their home.
No clean-up needed – MyG\gate technicians also clean up after themselves and never leave behind a mess for the residents to clean up after the repair. We provide a comprehensive end-to-end service for our customers. After our technicians finish working on a place, there will be no dusty floors or odd stains on the wall for the resident to deal with. Our technicians work in a manner that will do as little damage as possible to the wall and room the AC is mounted in.
Areas that we serve in Hyderabad:
MyGate services are now available in most areas of Hyderabad. The localities that can avail of our services include Prakash Nagar, Moti Nagar, Raj Bhavan Road, Nallakunta, Bank Street, Tilaknagar, Rani Gunj, Banjara Hills, Madhapur and Jubilee Hills. Each of the localities listed above will get a technician sent to them for repair within a few hours of completing their booking. We are also working tirelessly to reach out to the rest of the city and bring it under the purview of our services.
If you want to keep your AC in good condition and avoid the cost and hassle of repeated breakdowns, then the Mygate app should be a permanent feature on your phone.
How to use Mygate?
If you want to access our AC repair services in Hyderabad, then you just have to follow these three simple steps:
Step 1 – go to the Google Play Store or the Apple App Store and download your Mygate application
Step 2– once you login to the app, it’s time to select the service that you need. Our AC repair services in Hyderabad will be listed in the home services section
Step 3 – the last step is to enter your address and make your payment to confirm the booking. A technician will be dispatched to your location as soon as possible to relieve you from the terrible Hyderabad heat.
For any extra information about the Mygate app and its services, you can visit the Mygate official website and check out the different products and features. Customers also have the option to fill in a query form directly from the website for any extra clarifications.
FAQs regarding AC repair services in Hyderabad
This question is usually a little difficult to answer because the amount of time needed depends almost entirely on the kind of repair work that has to be performed. Simpler component repairs may be completed in less than an hour, but if the air compressor has to be replaced or the belt inside the AC machine needs replacement, it can take almost up to 4 hours to complete the repair. The AC repair process first begins with a bit of time spent on diagnosing the problem. The actual repair is completed, and finally, a few extra minutes are again dedicated to cleaning up and making the place look spick and span.
Generally, a good AC unit from a reputed brand will last at least 15 to 20 years. But to keep the unit in good condition, proper maintenance must be taken care of. The unit will also require some minor repairs here and there over these two decades. AC repairs, however minor, should never be ignored for too long because a small malfunction in a unit can lead to the leakage of poisonous gases or cause house fires. Mygate AC repair technicians appear at your doorstep promptly after booking to ensure that you are not only able to stay cool but all the house residents are also physically safe from any dangers posed by a powerful electrical device.
There are a few small things that you can check first yourself to make sure that your AC is malfunctioning before going to the app. First, make sure that your electricity is not down in the house, then check that you have fresh batteries in the AC remote, and finally try to reduce the temperature on the AC to see if it helps cool down the room. If these suggestions do not work, or if the AC does not cool adequately as per the temperature it has set, then it is time to call a professional through the Mygate application.
Bangalore is one of India’s fastest-growing cities. It has the highest rate of employability and is the top choice for women seeking employment. It takes pleasure in being the city that caters the most to millennials with its business forums, quiet environment, and easy accessibility to a. Upscale apartments are popular in the city. Imagine waking up to the sun’s first rays illuminating one of the nation’s top cityscapes. Bangalore is a beautiful city with world-class amenities and infrastructure.
List of top luxury apartments in Bangalore: based on amenities and building quality
1. Sobha HRC Pristine Luxury Apartments, Jakkuru- Luxury at its best!
Sobha HRC Pristine is a green paradise in north Bengaluru. The luxury apartments in this property have access to clear sky, pure water, and untouched surroundings. Sobha HRC Pristine is located near Kempe Gowda International Airport, international schools, world-class hospitals, IT clusters, and recreational areas. Its newest residential property includes 3- and 4-bedroom luxury flats, penthouses, and rowhouses, making them one of the best flats in Bangalore.
Teak, mango, and silver oak trees beautify Sobha HRC Pristine’s natural landscape, and extra care has been taken to retain its distinctiveness. The apartments offer cool clay cladding, a bio-pond, a flowing stream, bird’s nest coves, and a reflexology walk.
2. Prestige Kingfisher Towers Luxury Apartments, Lavelle Road- Elevated modern luxury
These unique luxury apartments are in Bangalore’s Lavelle Road area. The project overlooks UB City and Cubbon Park, offering stunning views of the city’s most chic neighbourhoods. The 33-storeyed structure has flats starting from the 5th floor. The project features 3 towers—A, B, and C—each with 8,321 sq. ft. 4-bedroom apartments. Each unit of Prestige Kingfisher Towers has its own lift lobby, service lift area, and access to the clubhouse, pool, and gym. It is one of the top apartments in Bangalore to rent or own.
3. Prestige Leela Residences– Stellar amenities at your fingertips!
The ultra-luxury residences in Kodihalli Prestige Leela Residences comprise an upmarket east Bangalore property. Prestige Leela Residences is exquisitely designed to resemble the Mysore Royal Palace. The 3-acre property has 88 units of 4 BHK luxury residences. Indulge in a traditional lifestyle at Prestige Leela—one of the best apartments in Bengaluru!
4. Tata Promont Luxury Apartments, Banashankari- Your urban oasis
The Tata Group, one of the country’s oldest and most renowned business houses, has forayed into real estate under the brand Tata Housing. It has created the Promont atop Banashankari hill, Hosakerehalli in south Bangalore. Tata Promont is one of the best luxury apartments in Bangalore and among south Bangalore’s most iconic residential spaces.
The Promont is one of the most desirable “Hill Residences” in Bangalore, comprising 312 units of 3- and 4-BHK apartments and penthouses spread across 4 storeys. The Promont is a self-contained hamlet spread across 14 acres of lush natural landscape that offers modern pleasures and services and convenient access to the city and other essential locations.
Tata Promont provides numerous ways to break routine. Everything needed to live well can be found here. Enjoy the newest box office successes at the pretty little theatre or relish foreign cuisines without having to commute. The 3-level clubhouse has all this and more to rest, recharge, and entertain. All these features make Tata Promont one of the top apartments in Bengaluru.
5. RMZ Latitude– Lifestyle you deserve!
RMZ Homes’ magnificent creativity in development and architecture is well-known. RMZ Lattitude in Hebbal, Bengaluru, is a premium property. The 3.92-acre home development features green-lined boulevards and gardens. The property has 122 units of 3- and 4-BHK apartments with modern amenities. Rich, stylish decor, and international-standard amenities make RMZ Latitude one of the best apartments in Bangalore for rent and ownership.
6. Embassy One Four Seasons—Upscale living
The Embassy Group is one of the largest realty developers, with 54 million sq. ft. of real estate developments across India, Europe, and East Asia. The group’s ultra-luxury Embassy One Four Seasons caters to affluent clients. It is a 2.96-acre property with 109 ultra-luxurious apartments. The facilities on offer are a’ la carte services, limousine service, butterfly gardens, pools, and saloon services. North Tower contains 1- and 2-BHK apartments and South Tower has 3- and 4-BHK flats. The best apartments in Bangalore for rent or purchase are the 2-BHK luxury properties at Embassy One Four Seasons.
7. Phoenix One– Best luxury apartments in Bangalore west
Phoenix One is truly iconic. International architects Benoy and RSP built this 30-storey skyscraper to please selective clientele. The roughly 17-acre site features a beautifully planted green zone developed by Site Concepts of Singapore. Phoenix One Bangalore West provides vast, expansive apartments overlooking the cityscape comprising 4-bed homes with family and study facilities, 3-bed homes, 2-bed homes with a family room, and penthouses. Phoenix One is yet another property with the best apartments in Bangalore for rent.
A massive central green zone, an internal boulevard, and a 50,000 sq. ft. clubhouse with a temperature-controlled indoor pool, indoor and outdoor Wi-Fi connectivity, a bowling alley, multi-level outdoor pools with jacuzzis, a high-tech gym, fine-dining, and designated outdoor and indoor party areas offer you resort-like living in the city. Phoenix One Bangalore West meticulously integrates luxury, comfort, and lofty design with home automation technology and concierge services.
8. Phoenix Kessaku, Rajajinagar- Epicentre of luxury!
Phoenix Mills Ltd is one of the country’s largest retail-led mixed-use developers, noted for its large-scale developments. Phoenix Kessaku can be counted as the developer’s most popular endeavour following mega-commercial successes. The property is located in Bangalore’s Rajajinagar area. The premium home property is modelled on a Zen sphere and Far East architecture with 110 units in 5 towers named Zora, Niwa, Mizu, Faia, and Zefa. It has an infinity pool, garden, mini theatre, and more. It is among the best apartments in Bangalore for rent.
9. Karle Zenith Residences- Spacious modern living!
Karle Infra is noted for its architecture and planning. Bangalore, Mysore, and Goa residents may be familiar with this developer. Karle Zenith is one of the top luxury apartments in Bangalore, combining high culture and a premium lifestyle. The project boasts several first-rate amenities. This 4-acre property has 396 units of 3- and 4-BHK apartments that are among the best flats in Bangalore.
10. Total Environment Windmills of Your Mind– Experience the lifestyle!
The residential development “Total Environment Windmills of Your Mind” is probably the most aesthetically pleasing luxury apartment property in Bangalore. The developer’s architectural style is well-known for incorporating natural features. Total Environment Windmills of Your Mind combines luxury and calm. It is located in Whitefield, East Bangalore, and is a 24-acre premium residential project with 4-BHK simplex, duplex, and triplex residences and villas. Beautiful gardens, a water zone, and a courtyard make it one of the top apartments in Bangalore.
11. Sobha Indraprastha– Luxury, location, and convenience!
Sobha Limited is a reputable developer known for its sustainable urban development strategy. Sobha Indraprastha is in Rajajinagar, West Bangalore, and comprises a 37-storey tower with state-of-the-art facilities. Spread over 9.37 acres, the property has 356 luxurious 3- and 4-BHK homes and offers the best luxury apartments in Bangalore.
12. Salarpuria Sattva Luxuria– Style reimagined!
The Salarpuria Sattva Group is a trusted brand. It has come up with a luxurious apartment development in Malleshwaram, West Bangalore. The property is popular for its well-crafted concrete and glass architecture. This luxury complex has 197 units of 4-BHK flats for rent and ownership. It’s one of the best apartments in Bangalore for rent.
Who doesn’t desire a lovely home in an affluent city? These towers are perfect for a luxurious and relaxing house. They are right in the heart of the nation’s IT hub, which makes them much more appealing! Now, it remains to be seen which among these best luxury apartments in Bangalore has piqued the reader’s interest!
A campus-style gated community is becoming the standard form of housing these days. Such housing complexes or estates are typically preferred for their safety, open areas, and amenities, including shared gyms, swimming pools, play areas, and gardens. A standalone home can hardly have access to so many top-notch amenities. The cost of using these facilities are split evenly among the residents.
The Residents’ Welfare Association (RWA), a group of individuals chosen by the residents from amongst themselves, exists in almost every housing complex. The Societies Registration Act of 1860 governs these residents’ welfare associations.
However, for a residents’ welfare group to be recognised as a legitimate organisation, it must be registered with the government. This will allow a certified RWA to legally benefit from several privileges. The prerequisite for being an RWA member is to be aged 18 years or above. A minimum of seven such individuals are required to form a registered RWA.
What is a Residents’ Welfare Association?
A committee comprising individuals selected from among the tenants of an apartment building is known as a residents’ welfare association.
RWAs are required to be registered under the Societies Registration Act of 1860, and function according to their respective bylaws. Typically, RWA members are tasked with keeping clean the complex under their jurisdiction and maintaining the society’s pathways and other common areas.
One of the RWA’s principal tasks is to collect the monthly common maintenance fees from the occupants of all units and utilise those funds to develop high-quality amenities and infrastructure for the residents.
Apart from the ordinary members, each RWA also has committee members, a president, a treasurer, and a secretary.
Upon registration, a residents’ welfare group becomes a legal entity with specific legal powers. Such a group or association has the right to file a lawsuit against any person or entity on legitimate grounds, and can be sued in turn.
Role of RWA (Residents’ Welfare Association) officers
There are elected officers in each registered RWA. These officers are elected at the association’s general body meeting. A president, vice president, general secretary, secretary, financial advisor, and executive members make up an RWA’s board of directors.
The president chairs every meeting of an RWA, and also oversees the duties of all office holders. The president is one of the primary signatories on any letter or notice sent by an RWA, and has the authority to manage the association’s bank accounts. The vice president supports the president in carrying out his or her responsibilities and fills in for the president whenever required.
All residents and homes inside a housing estate or society are listed in records kept by the general secretary of an RWA. They represent their society in public and in governmental settings, and are a signatory to the RWA’s bank accounts. The secretary supports the general secretary in carrying out their responsibilities and steps in whenever unavailable.
The treasurer of an RWA keeps the association’s books of accounts and collect subscriptions, rent payments, and gifts. The account and funds are balanced in a specified bank. The association’s bank account must be managed, and regular account statements presented by the treasurer.
An RWA’s executive members are obligated to participate in the association’s daily operations. Additionally, they see to it that the association’s list of office holders is submitted to the registrar. According to Section 4 of the Societies Registration Act of 1860, it is essential to file this list of office-holders.
Powers of an RWA
An RWA’s primary power is to choose and determine the composition of its membership. An RWA has the authority to terminate an individual’s membership after providing appropriate reasons and grounds.
Collecting subscription fees from all residents and setting the rate is another important power of an RWA. The overall general maintenance and upkeep of the society is covered by this subscription. Any RWA member who consistently fails to attend meetings may get their membership terminated.
If tenants complain about substandard construction and the use of subpar building materials, a residents’ welfare group can file a lawsuit against the developer. The RWA can contact the police and lodge a complaint about any issues with the construction or builder.
An RWA’s financial year cycle
The financial year of an RWA moves from April 1 through March 31 of the subsequent year. This financial cycle provides a structured framework for fiscal planning and execution.
Funds of an RWA
All residents need to pay periodic maintenance fees, which are an RWA’s principal source of funding. Many organisations hold inter-resident activities and sports matches to raise funds. Housing communities also host fairs and social events. Residents and visitors can purchase food from stalls during events such as cooking competitions, and the association collects a nominal rent from each stall.
Strategies employed to raise funds include fees collected for renting out community halls and spaces for weddings and other social gatherings. These facilities are available on rent for residents from outside the society. Outsiders and visitors can park in public lots, against which the RWA charges a fee.
The funds raised through subscriptions and fundraising initiatives go to the RWA’s bank account. The succeeding RWA acknowledges the carryover funds. Only the RWA president, treasurer, or general secretary are authorised to handle this account. A trained auditor must be hired or appointed by the association to examine the RWA’s financial records.
Roles and responsibilities of an RWA
The President’s Role:
- The president has the power to represent the association for any legal action that is brought against it. The president also has the power to sue individuals on legitimate grounds.
- The decision on whether to accept and carry out the terms of a contract presented by the committee rests with the president.
- The president should keep a broad perspective of events and ensure that all residents and members are content and nurse no reservations or issues. The president should also keep an eye on all expenditures and ensure that they are wisely spent.
Treasurer’s Role:
- The role of the treasurer in an RWA is to oversee the management of all finances held by the association. The treasurer is the sole person in charge of keeping the funds and other important documents safe and secure.
- As these records and finances are crucial to the association, the treasurer’s position should be given to a seasoned professional with strong management skills.
- The treasurer should also calculate monthly and yearly expenses as well as the overall income. The residents will benefit from the constant regulation of the fund flow this way.
Secretary’s Role:
- An RWA entrusts the secretary with the task of presiding over numerous general body sessions.
- Additionally, the secretary will be charged with gathering the meeting’s minutes and reviewing all the data presented.
- To ensure that each resident actively participates, the secretary will need to raise any issues they may have.
These are the three most important positions in an RWA.
How are RWA roles chosen?
An RWA’s governing body must consist of at least seven individuals, including the president, vice president, secretary, and treasurer.
An Annual General Meeting (AGM) is necessary, and there must be a certain minimum number of residents present to constitute a quorum. The AGM must be postponed and due notice given to all estate residents if the actual attendance falls below the required quorum.
At the AGM, all new members of the association will be chosen by ballot. Simple hand motions are also acceptable. Following the election of a new committee, the list must receive the support of at least three officials from the outgoing committee. The Registrar of Societies must be notified when a committee is newly elected, along with the names of the new officers.
