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Housing Association in India

Housing Association in India

An apartment or flat in a housing association is a self contained housing unit that forms part of a building/association. Different states in India have different rules guiding the formation of housing association in India. An apartment generally means a property that has direct exit to a road or to a common area leading to such road and the apartment along with common areas and facilities forms an independent residential unit and it may also include a flat. Housing associations are formed in India for ownership of an individual apartment and to make such apartment heritable and transferable property. The concept of apartment was born due to increasing population and growing need for housing. Housing associations are formed to govern rules regarding the common areas, facilities, and the percentage share of each apartment owner in the apartment building.

Housing associations in India work for the welfare of the residents. The benefit of registering properties under housing association/housing society Act is clear bye-laws for the residents to abide and follow. Housing associations formed without registration cannot be termed as illegal per se but are rather considered as interim/ad-hoc/unregistered association. For NRIs who own apartments/flats in India, housing associations can cause real pain if you do not know how to manage your property. At HousingNinja, we have the best real estate professionals who can help with housing association formation in India, resolve association disputes and also guide you in case of maintenance issues. Forming an apartment association is the best option to deal with apartment maintenance charges. However, if no association can be formed, then the majority of the owners should come together to initiate the process of registering an association. Associations in India can be formed under co-operative society act, apartment association act, as a trust or also as a non-profitable company. If you need services related to housing association in India, then kindly Sign Up and fill out the housing association form.

You can also check out our Real Estate Forum to find general answers to housing association and society related questions.. If you need more real estate information, kindly check out our latest Blog section. We are constantly curating the best information and articles from multiple real estate professionals across India.