Wondering who gets to enjoy the lovely parks, clubhouses, and other common spaces in those big apartment projects in Bangalore? Do those amenities belong to the builder, the residents, or a shared ownership? Also, is there a clear way to calculate how much land each apartment owner actually owns within the entire project?
Best Answer
In Bangalore, common spaces like parks, clubhouses, and amenities in apartment projects are owned by the Apartment Owners’ Association (AOA), formed by residents. The land each apartment owner owns is calculated based on their individual apartment’s share in the total built-up area and common areas, as defined in the apartment’s deed and the project’s approved building plan.
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