Sunday, December 25, 2011

Apartment Owners Problem

Apartment associations have a long list of dos to deal with. First, there are the meetings that need a quorum, then the yearly and day-to-day accounts that need to be dealt with, apart from constantly looking out for better options with regards to security, pest control and more.

An integrated portal to satisfy real estate services and apartment management, CommonFloor (CF) has a long list of free services for apartment owners. “CF provides a complete private portal for home owners' association to run their society online. Earlier, people joined e-groups but this makes it simpler. Associations benefit immensely, because they can communicate through e-mail and SMS, opt for services related to home (like getting in touch with security agencies, pest control) and manage accounting, complaints and day-to-day activities online,” says Vikas Malpani, Co-founder, CommonFloor.

Started in December 2007 by Lalit Mangal, Sumit Jain and Vikas Malpani in Bengaluru, it also has a database of over 2,000 gated communities from Chennai. “Started with the idea of E-enabling residential communities (apartment complexes, gated layouts, villas or colonies), CF is now serving more than 28,000 gated communities across 100 plus cities in India (and is establishing its presence internationally too). About 2,000 communities are from Chennai alone; we have Twin towerz, Olympia opaline, VGN Minerva, Ceebros, Sunnyvale and Atrium as our members,” explains Vikas.

Through this website, home owners can also let their house out for rent or even sell it. “For someone seeking a home, CF provides the best information on the available properties along with buyer reviews, and helps the seeker connect to the seller. We also act as a sourcing and marketing channel for the property agents, developers, service providers, brands and businesses to offer their services to the target audience.” The name stands for a common platform as it provides a virtual apartment experience. “CF is the first consumer-centric real estate portal in India and we are constantly innovating to cater to all that the consumer needs around his home. We have got fabulous feedback from across the country. We even have active communities from smaller cities like Vishakapatnam, Coimbatore and Kochi.”

Communication, information, management and accounting; the four solutions that CF provides. “Through our offering and with thousands of hours spent on CF by the users we have learnt that it is a very important need that we serve. Our website is a tool to empower the committee and the owners for better and transparent management. In short, we act as enablers who empower the Apartment Associations,” says Vikas.

For more information
Team Daniel & Boaz
Chennai Law Firm
Helpline: 9840802218

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