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8/4/2021 Builder To Rwa Handover Checklist | PDF | Ownership | Apartment

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Builder to Society Handover Checklist


Lifecycle of a typical Multi-Dwelling Complex (Apartment/V
1. Purchase of a Land Bank by the Builder from the Landowner
2. Construction of the Building and sale of individual Units to O
3. Handover of the Units to the Owners for Occupation, and m
(typical duration of 1-3 years)
4. Formation of the Owners Association/Society and hand
Builder to the Society (typical duration of 3-5 months)
5. Management of the Complex by the Owners Society (typical
6. Redevelopment of the Complex by the Owners Society in col
It is evident that the crossover between Point 4 and Point 5 a
managed by the Owners Association for 25-40 years and be
Society.
Society Handov
Here is a comprehensive checklist any Society will require for a
Checklist for Handover from Builder to the Soci
Property 
P1. Property Documents executed between the Landowners
P2. Approved Construction Plan
P3. Completion Certificate
P4. Occupancy Certificate
Related titles P5. NoC from Fire Department 
P6. NoC from Electrical Inspector
P7. Clearance to operate Elevators
P8. Property Insurance Document (if any)

Operations
Leadership
O1. Drawings
Checklist for
of the Electrical
Builder RWA Handover
WiringFuture
including
of
Earthing Poin
HAAD Safety in
Competency… O2. Drawings
Handover of the Water
From… Handover… Piping Socialism
Checklist Heat Programm…

O3. STP Drawing & certification by Architect/Pollution Cont


O4. Waste Disposal system with approval from Pollution Co
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p y pp
O5. AMC Documents  – Lift, Generator, Transformer, Apartm
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O6. Invoices and Warranties for all Assets – Pumps, Lift, Gen
Gym Equipments
O7. Maintenance Schedule for all Assets
O8. Work Schedule of all Staff maintaining the complex

Finance
F1. Payment Record for Taxes towards Property, Constructi
F2. Payment Record for City/Municipality Water Supply
F3. Record of Maintenance Expenses while under Builder’s
F4. Record of all Collections made from the Owners (except
F5. Contracts with existing Maintenance, Security staff (cou

Legal
L1. Sale Deed copy/Proof of Ownership of all Owners
L2. Share Certificate Copies for all Owners (where applicabl
L3. Khatha Certificate Copies for all Owners (where applicab
L4. Car Parking Allocation Record

L5. All Legal Documents executed between the Builder & La


L6. Contracts with Vendors
L7. Undertaking by the Builder regarding Indemnity & Limit
transactions prior to the Handover Date
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Checklist for Handover from Builder to Owners Associ


Each apartment complex has its own Apar ttment Owners Associa
amenities. But before formation of the Apartment Owners Associat
apartment and its amenities. Most developers provide a corpus fun
amenities. The maintenance will be carried out by the builders till th
 Association. After completion of the project and formation of the Ap
 Association, the builder needs to handover the leftover money, aud
interest earned. Besides, the builder also has to handover the apar
Owners Association. 
Checklist for Handover from the builder  
The Apartment Owners Association needs to get documents and a
handover of the apartment.The following is a list of items that the b
Owners Association during the handover of the apartment and its a
   Proof of approved floor plans:  Builder has to handover do
toApartment Owners Association during handover of the apa
   Copy of Building plan and approval plan:  All building plan
authority. The builder has to handover a copy of the building
prove that the apartment and all its amenities are constructe
authority. 
   NOC from local authority: No objection Certificate or NOC
does not object to the covenant of the certificate. Builder has
board, electricity, water and fire department needed for the A
   Completion Certificate (CC):  An apartment or building can
Certificate. Issuing of Completion Certificate will ensure that
per an approved plan. The builder has to handover the Com
Related titles   Transfer utility connection:  It is the duty of the builder to tr 

during handover of the apartment and its amenities. In case


connection, he has to give an NOC to the Apartment Owners
connections such as electricity and water connection to the A
   Handover of documents:  Handover of documents such as
You're Reading a Previ
documents, drawings, concerned authority approvals etc.  to
Other documents or items to handover 
Upload your documents to dow
Leadership
Following are other important
Checklist for Builder RWA
documentsFuture
Handover
or items
of
that aHAAD
builder ne
Safety in
Competency… with the
Handover handover
From… Handover…of the
apartment
Checklist and its amenities.
Socialism Upload  toHeat
Download
Programm…
    Audited accounts of the maintenance and interest earned 
   Details of deposit, if any  OR
A l
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    Apartment tax related details 


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   Insurance of 4
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   Handover of the left over money  full documents.
   Handover of the office room, departmental Start stores, records,
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   Contract or agreement details of maintenance staffs and sec
   Issue of consent letter from the Electricity Board for change
   List of amenities in the apartment 
   List of services offered by builder after handover of apartme
   Handover of the function hall, parking lot, swimming pool an
   Contracts on the structural issues 
   Insurance details for the building 
   Car Parking allocation and marking 
   Repairs or service (for any of the houses, if the owner asks f
 After the formation of the Apartment Owners Association, the build
corpus fund to the Apartment Owners Association. In some cases,
areas with him though the Association is formed. The Act gives apa
income from common areas and facilities in the apartment . In case
apartment or its amenities after completion of construction and form
criminal offence could be filed against the builder by the associatio
owners association, the builder has to handover the maintenance f
apartment and its amenities to the Apartment Owners Association. 

Pasted from <https://www.commonfloor.com/guide/handover-o

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Some heads of expenses could include repairs and main
for housekeeping, security, common area electricity, equ
maintenance of the lift, including charges for running the
norms, 0.75 per cent per annum of the construction cost
expenses for regular repair."

Even though this could be the biggest expense head, the


around it. Let's work some numbers. Say, a 1,800 sq. ft.
to a total cost of Rs 90 lakh. If 0.75 per cent per annum g
67,500, i.e., Rs 3 psf per month. In such a scenario, the
The builders should explain if there is any drastically diff

When does it hurt?


If the applicability and the quantum of maintenance char
booking, and the buyer gets to know of them only at the
as a surprise to the buyer. Also, if the builder increases t
indiscriminately or fixes the amount on ad hoc basis, it h

So, at the time of buying, can these charges be disclose


charges are variable like water charges, upkeep of servi
decided while booking of the apartment," informs Singh.

RERA to the rescue


Related titles On possession, the builder makes the buyer enter into a 
specifying the actual amount and the frequency. But, late
the RWA and the builder.

"Yes, that should ideally be the practice and RERA has


that residents don't have to pay adYou're ReadingThe
hoc charges. a Previ
 cle
process smooth for the buyers,"Upload
says Singh.
your documents to dow
Leadership Checklist for Builder RWA Handover Future of HAAD Safety in
Resident right and defaults SocialismUpload toHeat
Competency… Handover From… Handover… Checklist Download
Programm…
 As a resident paying maintenance charges, you can look
builder on maintenance, along with the break-up. Singh
OR
aware of the amount spent by the builder on maintenanc
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aware of the amount spent by the builder on maintenanc
for the maintenance and hasBecome a Scribd
to keep memberopen
his books to readfor
an
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full documents.
If the owner has put his flat on rent, it still doesn't absolv
Start Your 30 Day FREE Tria
responsibility of paying maintenance charges. The final
unoccupied, rests with the owner.

However, he can make the tenant pay the charges after


of default, the RWA may cut off or withhold supply of ess
electricity, lights in passages, staircases, lifts, etc.

Conclusion
It's always better to have a fair idea of the maintenance
apartment as they are recurring monthly charges. Also, t
arriving at the charges when the RWA takes the matter i

Pasted from <https://economictimes.indiatimes.com/wealth/real-e


charges-of-your-flat/printarticle/57549620.cms> 

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