Introduction One of the most important milestones in the life cycle of a society is the transition of a residential project from the builder to the cooperative housing society. A proper Checklist for Society Handover from Builder ensures the society gets complete rights over its assets, documents, finances and common…

Introduction Changing the management committee of a society is an important event for all housing societies. The society handover from the old committee to the new committee must be done in a transparent and organized manner complying with both laws whether it happens after elections or merely due to completion…

The Real Estate (Regulation and Development) Act, 2016 (RERA), which came into action on May 1, believes has heralded a new era for the real estate sector in India. Undoubtedly, the most significant feature of RERA is its objective of safeguarding homebuyers by facilitating an orderly transfer of liability from…

Quick Answer The Society Handover Process in Maharashtra is legal, financial and administrative transfer of a residential project from the builders to the cooperative housing society. This will encompass document transfer, asset verification followed by corpus fund transfer and maintenance account review; society handover audit which has to be done…