New Apartment Law in Karnataka: Big Win for Flat Owners? | @newsfirstprime

Описание: The Karnataka government is preparing to replace the nearly five-decade-old Karnataka Apartment Ownership Act, 1972, with a modern, RERA-aligned law aimed at protecting homebuyers and streamlining apartment governance. The revised legislation is expected to be introduced in the upcoming legislative session.
The current law has struggled to keep pace with Bengaluru’s rapid urbanization and the rise of high-density apartment living. Homebuyers often find themselves in legal uncertainty due to ambiguous rules around land titles, incomplete handovers of common areas, and the lack of a strong dispute-resolution mechanism. Builders frequently delay transferring control to residents, leaving apartment owners powerless over their own communities.
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