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Karnataka proposes new apartment law to replace 1972 act, protect flat owners

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The Karnataka government has proposed a new legislation to regulate apartment ownership and management in the state. The bill is set to replace outdated laws dating back to 1972. It aims to clearly define ownership rights over land and common areas for apartment residents. The proposed law will also make structural inspections mandatory for older buildings. Additionally, a two-tier dispute resolution mechanism will be introduced to address conflicts among apartment stakeholders.

Read the full story at Times of India

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Karnataka proposes new apartment law to replace 1972 act, protect flat owners · ShortSingh