Karnataka unveiled a draft law for mandatory structural stability certification for apartment buildings. This certification will be required after thirty years and then every five years. The proposed bill also addresses undivided share calculations and resident rights. It mandates forming an association within three months of booking half the apartments. The government seeks suggestions on this draft legislation by August sixth.

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.…