However, it ensures that these charges are reasonable. According to RERA, the builder or developer is responsible to provide maintenance for the sold property on a regular basis, the charges of which has to be borne by the resident. This Act has established the long-awaited Real Estate Regulatory Authority ( RERA) in order to ensure a transparent selling and buying process for all types of properties. The Parliament of India has passed an act called the Real Estate (Regulation and Development) Act in 2016 - the most important flat maintenance charges law in India. Read on!Īre there any flat maintenance charges law in India?Īs a home buyer, the first question you might have is, “am I protected in case something goes wrong or if I find something that was not brought to my attention before purchasing the property?” While most, if not all, the apartment owners have to pay these common maintenance charges, there aren’t many great resources that answer questions like ‘how much is reasonable,’ ‘am I paying more than what is required,’ or ‘is there any flat maintenance charges law to protect me if I feel I’m paying more’.įret not, HousingMan answers all your queries on apartment maintenance charges and delves deeper into the details of these burning, yet unanswered questions. ‘Apartment maintenance charges’ is one of the vaguest topics in the real estate realm.

Maintenance Charges for apartments - All the Must Knows

Flats in order