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Hyderabad is the most populous city of the South Indian state of Andhra Pradesh. The city is regarded as a blend of traditionality with modernity.The city is administered by a nagar nigam called Greater Hyderabad Municipal Corporation (GHMC). The apartment owners in India can voluntarily form an apartment owners association for the maintenance of apartment and its amenities. The association may or may not be registered. The registered association can enjoy all the legal benefits

Vijay Associates (Wadhwa) Developers are synonymous with first rate path breaking construction projects in the choicest of locations across Mumbai, Navi Mumbai, Pune and now Mathura. Over 40 years the group has built for itself an unshakable reputation for quality, efficiency, trust, meticulous planning, top quality amenities, superlative designs, timely completion, guaranteed possessions and handing over of society formation process at the earliest.

This Republic Day, when the whole nation pledged to make India a better country, CommonFloor also took a pledge to start making community living and management more efficient and socially responsible.Commonfloor.com stated a whole new initiative called CommonFloor RightStep; an initiative to bring together resident bodies, civic authorities and experts, to address challenges in urban and apartment living. The idea behind taking up such an initiative was not only to educate association about forming and running a successful association, but also, to make these communities more responsible towards social issues.

The apartment owners association plays vital role in maintaining apartment and its amenities. But before the formation of apartment owners association, it is duty of builder to maintain the apartment and its amenities. Most developers provide a corpus fund for maintenance of apartment and its amenities. The builder collects maintenance fund from each buyer which will not be shown in basic sales price of an apartment. The maintenance fund collected from each apartment owners is deposited as corpus fund. Understanding the process of Handover from builder and Corpus fund for Apartment maintenance after the handover.