Karnataka has unveiled a draft bill to modernize apartment ownership and management laws. This legislation aims to replace outdated acts and improve urban housing governance. It mandates structural stability checks for older apartment buildings every five years. The bill also introduces a dispute resolution mechanism and clarifies undivided share calculations. Public suggestions are invited before the finalization of this important new law.

Karnataka's government holds a stakeholders' meeting today to discuss the Apartment Bill, aiming to clarify ownership and management issues.

Karnataka Chief Minister D K Shivakumar assured apartment owners of a new law. This comprehensive legislation will protect their ownership rights after stakeholder consultations.…