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Times of India·3 min read·medium

K'taka assembly passes apartment Bill: From ownership to redevelopment, rules defined

T
TRISHA MAHAJAN
K'taka assembly passes apartment Bill: From ownership to redevelopment, rules defined
AI Summary

The Karnataka Assembly has passed a new Bill to regulate apartment ownership, management, and the redevelopment of aging buildings. The legislation introduces clear rules for Residents' Welfare Associations and establishes a dispute-resolution mechanism.

Why it matters

This law addresses the complexities of modern urban living in India by providing a unified legal framework for property rights and building maintenance.

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The Karnataka Assembly on Friday passed the Karnataka Apartment (Ownership and Management) Bill, 2026, aimed at creating a clearer legal framework for apartment ownership, management of common areas and redevelopment of ageing buildings.The Bill provides for the formation of Residents' Welfare Associations under the new law and lays down rules for the transfer and management of common areas and facilities from builders to apartment owners.It also introduces a dispute-resolution mechanism, with competent authorities at the gram panchayat, municipal and municipal corporation levels.A key provision concerns redevelopment of old buildings. Reconstruction can be undertaken if 75% of apartment owners approve it.

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