
{"id":2874,"date":"2025-02-28T10:15:36","date_gmt":"2025-02-28T10:15:36","guid":{"rendered":"https:\/\/www.basichomeloan.com\/blog\/?post_type=web-story&#038;p=2874"},"modified":"2025-04-07T10:36:25","modified_gmt":"2025-04-07T10:36:25","slug":"resident-welfare-association","status":"publish","type":"web-story","link":"https:\/\/www.basichomeloan.com\/blog\/web-stories\/resident-welfare-association","title":{"rendered":"Understanding RWA \u2013 Role, Rules &#038; Regulations Explained"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01.jpg\" rel=\"preload\" as=\"image\"\/>\n<style 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auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#c7b7a6\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-2c71163a-15dd-44f6-9393-4dab73d43459\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01.jpg\" alt=\"Resident welfare assosiation\" srcSet=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01.jpg 1080w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01-864x1536.jpg 864w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01-768x1365.jpg 768w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01-576x1024.jpg 576w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01-169x300.jpg 169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Cover-_01-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 46vh, 103vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"9cc69c74-c742-4877-a775-2bb7a5f89616\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#2969ab\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9dadae10-53cf-4dfe-8892-54dd9536fe05\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_01-1.jpg\" alt=\"What is Resident welfare assosiation\" srcSet=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_01-1.jpg 1080w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_01-1-864x1536.jpg 864w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_01-1-768x1365.jpg 768w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_01-1-576x1024.jpg 576w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_01-1-169x300.jpg 169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_01-1-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"31c4306e-fd0b-46ac-8558-de5b4d511d3b\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#e0dcdb\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-3ed19b10-3a75-4712-9eaa-7aebf3ceaa00\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_02-1.jpg\" alt=\"How is an RWA formed\" srcSet=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_02-1.jpg 1080w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_02-1-864x1536.jpg 864w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_02-1-768x1365.jpg 768w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_02-1-576x1024.jpg 576w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_02-1-169x300.jpg 169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_02-1-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"a2a854c0-4dd3-44bc-8588-00ca4459db3a\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1a4678\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-842be2d9-41e6-4782-b4f0-f3a62b7dd3fd\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_03.jpg\" alt=\"Key Responsibilities of an RWA\" srcSet=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_03.jpg 1080w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_03-864x1536.jpg 864w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_03-768x1365.jpg 768w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_03-576x1024.jpg 576w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_03-169x300.jpg 169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_03-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"e8b9a40d-d977-4055-af1a-e2af93ec083d\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#d4d4d9\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-af321039-76d2-4c73-8228-986d287c95f3\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_05-1.jpg\" alt=\"Resident welfare assosiation Rules\" srcSet=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_05-1.jpg 1080w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_05-1-864x1536.jpg 864w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_05-1-768x1365.jpg 768w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_05-1-576x1024.jpg 576w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_05-1-169x300.jpg 169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_05-1-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 46vh, 102vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"8f281369-bd90-4183-908f-6e2b0c74bba0\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#306fc0\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8b02d14a-9b2e-4b82-9884-63b2e82d4988\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_06-1.jpg\" alt=\"RIghts of residents in RWA\" srcSet=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_06-1.jpg 1080w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_06-1-864x1536.jpg 864w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_06-1-768x1365.jpg 768w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_06-1-576x1024.jpg 576w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_06-1-169x300.jpg 169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_06-1-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"edb72e47-f6c9-4c00-9138-716b5cb0804c\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1b4476\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div 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169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_07-1-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"e21ccad6-f8b5-47c5-856a-f368788754f9\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#cbb19b\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-542347d7-1d21-4870-8664-449331084596\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_08-1.jpg\" alt=\"Importance of an active RWA\" srcSet=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_08-1.jpg 1080w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_08-1-864x1536.jpg 864w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_08-1-768x1365.jpg 768w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_08-1-576x1024.jpg 576w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_08-1-169x300.jpg 169w,https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2025\/02\/Slide_08-1-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/www.basichomeloan.com\/blog\/wp-content\/uploads\/2024\/09\/RWA_banner.jpg\"><a href=\"https:\/\/www.basichomeloan.com\/blog\/home-loans\/resident-welfare-association\" rel=\"\">Read more<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"af857970-776e-4404-b686-8ee3ea62ad43\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" 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