Tag: Bangalore Apartments’ Federation

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Apartment Owners Urge Update to Karnataka Law

BENGALURU: The Bangalore Apartments Federation (BAF), representing over 1,400 Resident Welfare Associations (RWAs), has issued a firm ultimatum to the State Government, demanding the introduction and enactment of the Karnataka Apartment Ownership and Management Act (KAOMA) during the upcoming Belagavi Assembly Session on December 2. BAF advocates for the rights of more than 350,000 households and around 1.5 million residents, stressing the urgent need to update the outdated Karnataka Apartment Ownership Act of 1972. They argue that this update is crucial to mitigate the administrative disarray and legal disputes stemming from unclear ownership and management rights. At a press conference…

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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…