Karnataka Apartment Ownership Act of 1972

KAOA 1972: The legalities involved
In Karnataka, particularly in the urban regions,apartment buyers have been scrambling for owner’s registration for quite sometime now. On account of this, purchasing an independent house has become a daunting task. In a move to bring to pass transparency in transferability of immovable property and help apartment buyers actually own a dwelling, the state government […]

The Karnataka Apartment Ownership Act, 1972
In Karnataka, and especially in urban areas such as Bangalore, there is a severe shortage of land. Because of this, buying an independent house becomes quite a task. The alternative is to purchase a flat in any of the many existing and up-and-coming multi-storied apartments. This alternative, though, is disadvantageous, in that you won’t have […]