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Ramkumar (Senior Manager)     26 September 2013

Fdi invested township developer indulging in flat maintenanc

Please confirm whether a FDI Company developing a Township (apartments/villas) can indulge in the Facility Management of the said apartment complex??

At present the said company is maintaining it through a professional maintenance agency, but collecting the Quarterly Maintenance Charges (from the flat owners) in the name of FDI company itself and refusing to hand-over the maintenance to Resident Welfare Association (though the flats are handed over more than a year ago).

Is this amount to violation of FDI policy and an offence in the eyes of law??



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