Thaawar Chand Gehlot, the governor of Karnataka, has stalled the Karnataka Apartment Ownership and Management Act Bill aimed at enhancing apartment owners’ collective ownership rights of communal areas. This legislation would facilitate redevelopment with a 75% owner consensus for aging buildings, introduce mandatory safety evaluations for structures over thirty years, and establish a specialized system for resolving apartment disputes under government oversight.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.