Tag: Apartment Owners Associations

Latest StoriesResidential

Ghaziabad: 307 Societies Receive Notices for Missing Power Audits

GHAZIABAD: The power department has sent notifications to 307 housing societies throughout the city for neglecting to submit mandatory annual electricity audit reports. This action is part of an effort to regulate common-area power usage and prevent Resident Welfare Associations (RWAs) and Apartment Owners Associations (AOAs) from overcharging residents. The audit encompasses electricity used in shared facilities, including lifts, lobbies, basements, parking areas, clubhouses, and street lighting. Approximately 350-360 housing societies in the district are required to submit these annual reports, yet only 53 have complied to date. Executive Engineer (Trans-Hindon) Amit Jha noted that the department initially provided societies…

Latest StoriesResidential

Apartment Owners Demand RWA GST Rollback

BENGALURU: The Goods and Services Tax (GST) Council is set to review certain GST slabs starting Wednesday. In response, the Bangalore Apartments’ Federation (BAF) has launched a petition aiming to eliminate the 18% GST on apartment maintenance fees. According to federation members, the notification issued in 2019 has placed an unfair financial strain on Residents’ Welfare Associations (RWAs) and apartment owners alike. The petition, hosted on change.org by BAF, claims, “The notification mandates that GST is applicable on the entire monthly maintenance fees collected by RWAs if charges exceed Rs 7,500 per month per member or unit.” It emphasizes how…