“The Act will solve the contentious issue on the transfer of common area, take care of accounts management in apartments, lay down guidelines for land transfer."
The homebuyers have accused Sobha Developers of mortgaging the Sobha City project in north Bengaluru to the tune of Rs 1,040 crore and adding units with forged NOCs.
In the absence of a competent authority to redress grievances under the Karnataka Apartment Ownership Act, homebuyers had started filing criminal charges against RWAs.
Homebuyers, who are filing FIRs against residents’ associations, claim unregistered RWAs have defrauded them to the tune of Rs 88 lakhs in maintenance charges.
20/07/2023
People are getting awakened
20/07/2023
FIR is registered against unregistered RWA members in Bangalore.
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