Regarding queries and Clarifications about Payment of Advance - TopicsExpress



          

Regarding queries and Clarifications about Payment of Advance Maintenance. Hello All, First and foremost, we thank and welcome all queries. Second most important thing, please dont stop with asking what, please continue your contribution as how we can address this. We are looking to make the changes in our society. Please take time read completely and most importantly, take it as a progressive update. 1. Association has not taken decisions without a consensus. The decision regarding Maintenance is, association will collect money from residents and pay to Janapriya against invoices. Association has not taken over maintenance. Difference from earlier FMS CBRE and current FMS Vasu realtor is we have entered into a tripartite agreement. 2. To ensure quality of service for what we pay, we havent signed the agreement yet with new FMS, but understanding their service and willingness to improve we will sign a six months agreement to be renewed upon improving their service. 3. For what is covered in maintenance a detailed presentation was shared immediately after the EGBM, well share that document in all medium again by end of this week. But for immediate reckoning heres the projected breakup. A. FMS - 4,20,000 for 600 flats at 700/flat. Invoice will be at actuals. B. Electricity charges - 3,00,000 this is also distributed to all 600 flats, 500 / flat, payment will be at actuals. C. AMC charges for our assets: 300 / flat distributed for all 600 flats. D. Consumables, diesel, etc. 300 / flat distributed for all 600 flats. E. Incidental charges, this component is to take care of any larger damage which needs more money, ex: We are having a switch failure which costs Rs 45000. Historically we have seen few component failures in lifts, generators which are not covered in AMC. 200 / flat for all 600 flats. 4. If all of you have observed the maintenance component doesnt cover water, the agreement with us and JP is: they will supply water completely until Manjeera, STP is fully functional. Regarding water management the team has gone lot deeper. Members from the association met scientists in NGRI, to seek their advice and service. They generally handle projects with central government and will not be able to do for private instruments. They suggested alternatives and those details are shared with JP. JP is also completely in agreement and willing to do everything to increase our own water yield. 5. Regarding accounts, we have hired a chartered accountant who is specialised in apartment association accounts. Once he begins his operations, well share you more details. 6. The reason we wanted advance maintenance is, association is by us and for us. We will not be able to spend from our pockets and reimburse later and these are not small money. Within an year well exactly or to 90% know what is our financials through interest and how can we materialize it. 7. The reason to have a penalty is not to encourage people to delay the payment, all operations are depending on the VITAMIN M we collect from residents. If 30% of our residents decided not to pay maintenance operations will be impacted and after appropriate notices to them we will have to make sure they also pay within the stipulated time. There are builder created / managed issues for a lot of us or all of us. Please dont link those issues with our apartment maintenance. 8. Regarding club house, we were told that a contractor was hired and they should be starting the work soon. As soon as we see work well share the dates. This is a general request to residents: 1. The housekeeping staff will seek a signature from residents regarding cleanliness of area just in the block of 5 flats along with yours. Kindly take 2 minutes to check and sign the register. If you have to write any comments please write in the remarks column. 3rd block residents, as the acid cleaning is not done yet in most of the corridors it will not be appealing but we need your cooperation to check and sign. One of our senior residents have volunteered to supervise the complete housekeeping contingent. Darshan aunty, Thank you so much. 2. We will need assistance from our residents who can be like a store keeper, where all consumables will have to be managed and inventories to be maintained. 3. This is probably just to share about the current association team members dedication. There are a lot of email and posts about drainage leakage in 3rd block B1. The member when entering saw sh...t around and started working along with the plumbers to get to the root cause of the problem. Finally went to the extent of joining hands along with the plumber to clean the accumulation in the manhole. This person as individual cant even withstand any foul smell, hell start throwing out. Like what we started, there are plenty on which we can question. Please dont stop with the question, also come forward with how can we address it. As we have more people coming forward it will give us the confidence that our successor line is ready where we can take a break from this work for a while. One last point, there was a meeting invite to third block people last week to speak with them about whatever queries they have and out of 200+ residents only 4-5 came forward. Looking ahead, 1. Well have a GBM for October to December quarter. 2. Well have a owners only GBM to discuss about Corpus. 3. Financials will be published, mode of operations will be shared soon. 4. Membership drive will be initiated. 5. Pay the maintenance to your association soon. We can bring the changes that we wanted to see. Expecting all your complete cooperation. Assuring that we will deliver best and strive to get better. Thanks and Regards NVTOWA
Posted on: Thu, 09 Oct 2014 09:04:40 +0000

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