The Association was formed to strengthen and
safeguard the interest of business groups involved in the activity
of Development of Multi - Dwelling Residential and Commercial
complexes. The territory of operation was hitherto unventured
and the control systems not fully in place, though was on record.
The idea was also mooted to safeguard the interest of common citizen,
who ventures into the new concept of dwellings.
From being operative in one of the member's office, the association
was now housed in a rented place. With the constant contribution
from its members, the association now has a permanent office space
in a prominent business area.
The growth, surely consolidated the formation
of a representative body of developers and builders in the State
of Karnataka.
On recent years Bangalore has been a phenomenal growth in demand
for Apartments. With the IT sector in the South and East and now
the International Airport in the North there is all-round development.
A number of Developers have ventured into Bangalore from other
cities. It is now essential to specify and put in place certain
regulations and rules for the proper growth and conduct of the
industry as well as to safeguard the interests of the beneficiary.