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Stop IFMS funds transfer to RWAs: Flat owners protest outside builder s office Gurgaon, ET RealEstate

Flat owners in Gurgaon are protesting against the transfer of maintenance funds to the Resident Welfare Associations (RWAs). They gathered outside the builder s office and demanded that the interest-free maintenance security charges (IFMS) not be transferred. The dispute is ongoing, with separate RWAs formed for different parts of the project. The developer is accused of illegally forming a second RWA. The matter has been brought before HRera for resolution.

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