LeadOne AIby One Construction
Pricing and charges

Society formation

Forming the buyers' association, co-operative society or condominium. RERA requires the promoter to enable it within three months of majority booking.

Also called: association of allottees, RWA formation

Section 11(4)(e) of the RERA Act requires the promoter to enable the formation of an association, society or co-operative society of allottees within three months of a majority of allottees having booked, unless local law provides otherwise.

Formation needs member lists, unit numbers, areas and contact details. A clean customer database makes this a simple export rather than a month of reconciliation.

Related terms

All terms A–Z

Put your next launch on LeadOne AI.

Write to us for a demo on your own project's units and price list.
hello@leadoneai.com
Your reps can download the app today.
Download on the App StoreDownload on the App StoreAndroid: coming soon to Google Play