This document summarizes various ways that a builder, Century Real Estate and Indus, collaborated with a homeowner's association for a gated community development called Century Indus. It describes 3 instances where the builder assisted residents with legal matters like transferring land titles and addressing court notices. It also notes ways the association provided assistance to the builder, such as fully taking over community operations, managing finances, and providing consultation services. The conclusion emphasizes that understanding and cooperation between builders and associations is important for progressing a community development successfully.

1. Builder – Association Collaboration
Presented for ADDA Rise High Awards 2018

3. AGENDA:
• Brief Introduction
• Case Analysis of Builders assistance
• Association help to Builder
• Conclusion

4. About Century Real Estate and Indus
• Century Real Estate has 40+ years
in Real Estate arena
• 3000 + acres in Land Bank
• Over 20+ Million Dev Portfolio
• Century Indus launched in 2009
• A gated community of 6 acres
• Phase 1- 196 units ; possession in
2014
• Phase 2- 210 units ; expected
possession 2019

5. Collaboration#1 : Transfer of Khata
• Builder bifurcated the Khata and sent the copy to individual owners
• Assisted in getting key contacts who made Khata transfer possible to unit
owners name
• Around 120 Khata has been received

6. Collaboration#2 : Court Notice – Adjacent
Property
• Govt Notice posted on neighbor property mis-interpreted
• A post from resident created a panic situation in the campus
• Immediate discussion was initiated with builder to get the real facts
• It was confirmed by Director-CREH that notice was indeed issued to
adjacent property

7. Collaboration#3 : DC Notice
• A resident helped us to get the notice issued by DC Office, Revenue Dept
• Immediately the copy was shared with Century Management
• Management Committee decided to apprise residents only after getting more
clarity
• After due consultation it was decided to ask builder to apply for stay in High
Court
• Post this a meeting of Residents was conveyed and facts revealed

8. Other Collaboration:
• Transfer of BESCOM individual ownership
• Assistance to get Kaveri water
• Follow up on issues relating to BESCOM, Roads etc…

9. Association’s Assistance to Builder:
• Complete take over of Operations
• Financial Management of Operations – Implementation of Adda
• Assistance in Movement of Construction Materials to Phase-2
• Providing builder consultation on incubation of new Management
Committee at other sites
• Complete survey of the property
• Assistance in running STP , OWC etc

10. Conclusion
• Understanding between Association and
Builder is vital
• Any one moves in opp direction will only
de-rail the progression of the campus
• Need to take conscious call when to step
in and step out
• A win-win strategy is always adviceable

11. THANK YOU