Boulévard Buildings
Trust Contract Not Contractors
Created on 1st February 2026
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Boulévard Buildings
Trust Contract Not Contractors
The problem Boulévard Buildings solves
Problem Boulévar Buildings Solves
The Core Issue: Housing Society Corruption & Inefficiency
In India, 80+ million families live in housing societies (apartments/condos). These communities collect ₹20,000-50,000 crores annually in maintenance fees, but face systemic problems:
- Financial Fraud (The Biggest Problem)
Secretary/Treasurer embezzlement: Committee members divert 15-30% of funds to personal accounts
Contractor kickbacks: Inflated bills (₹10 lakh repair quoted at ₹15 lakh, with ₹5 lakh split between contractor and committee)
Ghost expenses: Fake invoices for work never completed
- Lack of Transparency
Residents don't know where their money goes
No public record of spending
Accounts shown once a year in AGM (easily manipulated)
- Power Centralization
3-5 committee members control all decisions for 100-500+ families
Residents have no say in contractor selection
Voting limited to annual elections (not individual projects)
- Poor Decision-Making
Contractors selected based on personal connections, not merit
No competitive bidding process
Residents lack expertise to evaluate technical proposals (lift repair, waterproofing, etc.)
- Project Failures
Contractors disappear after receiving full payment
Work quality poor with no accountability
No mechanism to verify milestone completion
Challenges we ran into
1.Deployment to railway
2.Connection of frontend from backend
3.connecting ai agent to frontend
4. smart contracts
5. linking blockchain and stagifying the proposals
Tracks Applied (3)
