Stringent housing regulatory frameworks are critical for the balanced growth of the real estate sector. This article explores the current state of apartment regulations in Karnataka and why urgent reforms are necessary.
Karnataka Real EstateApartment RegulationsKaoaHousing MarketProperty ManagementReal EstateMar 06, 2025
The Karnataka Apartment Ownership Act (KAOA) of 1972 is the primary legal framework governing apartments in Karnataka. It provides a legal structure for the ownership and management of apartments.
The main issues include lack of clarity in roles and responsibilities, inefficient approval processes, inadequate safety standards, and poor apartment management practices.
Urgent reforms are needed to reduce legal disputes, expedite project completion, ensure safety and quality, and improve apartment management, thereby creating a more stable and efficient housing market.
Key areas include clear role definitions, streamlined approval processes, strengthened building codes, and improved apartment management and governance.
Technology can improve apartment management through online portals for complaint redressal, financial management, and other administrative tasks, enhancing transparency and efficiency.
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