Article may be outdated

This article is 83 days old. Some details may have changed since publication.

Times of India·4 min read·medium

Karnataka govt proposes new apartment bill: Why it matters for flat owners

T
TOI REAL ESTATE DESK
Karnataka govt proposes new apartment bill: Why it matters for flat owners
✦AI Summary

The Karnataka government has introduced a new bill to modernize the legal framework for apartment ownership and management. The proposed legislation aims to clarify property rights, define common areas, and streamline redevelopment processes for high-rise buildings.

Why it matters

This bill could significantly impact millions of residents in Bengaluru by providing clearer legal protections and resolving long-standing disputes between apartment owners and developers.

✦Dive DeeperCreate a free account to unlock

The Karnataka government has proposed a new law to overhaul how apartments are owned, managed and redeveloped in the state, replacing two legislations enacted in 1972 that officials say no longer reflect the realities of modern high-rise housing.The Karnataka Apartment (Ownership and Management) Bill, 2026, unveiled on Wednesday, aims to create a single legal framework governing apartment ownership, residents' welfare associations (RWAs), developers and redevelopment. Bengaluru has over 25,000 apartment buildings and an estimated 25-30 lakh apartments, with tens of thousands of new homes being added every year.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesspolitics
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in