Karnataka govt unveils new apartment bill
Synopsis Karnataka unveiled a new bill to replace outdated apartment ownership laws. This legislation aims to protect owners' rights and streamline complex management. It will
Synopsis Karnataka unveiled a new bill to replace outdated apartment ownership laws. This legislation aims to protect owners' rights and streamline complex management. It will apply to projects with over eight units and establish a competent authority. The bill mandates structural checks and offers dispute resolution mechanisms. Redevelopment will require owner consent and fair compensation for all parties.
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