Tag: Karnataka Apartment Ownership Act

Latest StoriesResidential

Owners Demand Overhaul of Karnataka Apartment Ownership Act

BENGALURU: Despite consistent reminders from home buyers and residents’ welfare associations regarding the need for a new apartment act, the state government has yet to prepare the crucial draft, even after two years. Home buyers are urging Karnataka to update the Karnataka Apartment Ownership Act of 1972, which they view as outdated and ambiguous regarding the rights and responsibilities of flat owners. Dhananjaya Padmanabhachar, representative of the Karnataka Home Buyers Forum, reached out to IT and BT Minister Priyank Kharge, urging him to encourage Chief Minister Siddaramaiah to expedite the development of a new apartment act. The goal is to…

Latest StoriesResidential

Bengaluru Buyers Struggle with RWAs and Asset Handover

BENGALURU: Apartment owners across the city are facing uncertainty regarding the establishment and registration of their resident welfare associations (RWAs). Issues range from the handover of communal assets to ambiguous directives from authorities. Residents report being pressured to assume maintenance responsibilities while still paying fees to the authorities, creating confusion about their rights, ownership, and the legal framework governing their associations. For example, in the BDA Kaniminike Housing Project, the civic authority issued a letter to homebuyers, urging them to form an association and submit a maintenance payment of 1%. This letter stated that all maintenance services, such as security,…

Latest StoriesRegulatory

Karnataka HC Upholds RERA Co-op Society, Dismisses Flat Owners’ Plea

BENGALURU: A recent high court ruling could reshape the establishment of apartment associations under Rera regulations. The court affirmed the legitimacy of the Commune 1 Apartment Co-operative Society. The ruling dismissed two writ petitions brought forth by a faction of flat owners and their registered welfare association. It concluded that the cooperative, formed under the Real Estate (Regulation and Development) Act (Rera), has the rightful authority to represent the allottees and oversee the project’s shared areas. The case arose from the Commune 1 Apartment Project, where the Commune 1 Residents Welfare Association contested the establishment of the co-operative society created…

IndustryLatest Stories

Karnataka’s New Apartment Law Draft Almost Complete

BENGALURU: The Karnataka government has announced progress on the long-awaited draft of a new apartment act, aimed at resolving the legal ambiguity surrounding ownership, maintenance, and land rights for thousands of apartment residents. The urban development department stated that the draft—which has been developed in collaboration with apartment associations, legal experts, and stakeholders—will soon be forwarded to ministers for approval. Tushar Giri Nath, additional chief secretary of the department, remarked, “The draft is nearly complete. We’ve conducted meetings and gathered feedback from the law department and apartment owners. We’re now adding the final touches before presenting it to the ministers.…

Latest StoriesResidential

Karnataka Homebuyers Urge Action on Property Delays

BENGALURU: The Karnataka Home Buyers Forum has presented a memorandum to Chief Secretary Shalini Rajneesh, urging the state government to address long-standing issues that impact countless homeowners, particularly concerning ownership rights and regulatory gaps. “We want to highlight that homebuyers in Karnataka face significant challenges in asserting their ownership rights,” reads the memorandum. The forum detailed key obstacles and proposed solutions for the Chief Secretary’s consideration, advocating for the interests of millions affected. One major issue raised is the Bruhat Bengaluru Mahanagara Palike’s (BBMP) failure to update khata mutation records for apartment owners. Despite having registered their flats, many owners…