in a estd. Apartment, there is no society formed, still can i purchase a flat then what are the risks involved

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7 yrs old apartment, i am to purchase directly from the builder (First Hand Sale), No society is formed. what are the risks involved?

2006-11-15 00:31:18 · 2 answers · asked by prashant k 1 in Business & Finance ➔ Renting & Real Estate

society formation is for looking after the common causes of the occupants. please enquire with the inmates and arrive at a decision

2006-11-15 00:41:44 · answer #1 · answered by R Purushotham Rao 4 · 0⤊ 0⤋

The developer of the apartment has to form the association. If not done, you may have common problems and no one to attend to it.

2006-11-15 11:24:19 · answer #2 · answered by cvrk3 4 · 0⤊ 0⤋