Bengaluru: The Karnataka Legislative Assembly has taken up the proposed Karnataka Apartment (Ownership and Management) Bill, 2026, which seeks to replace the two laws enacted in 1972 that currently govern apartment ownership and management in the state.

The proposed law would apply to projects with more than eight apartments, including certain villa developments. It seeks to establish a common legal framework covering apartment ownership, common areas, apartment owners’ associations, maintenance, redevelopment and dispute resolution.

One of its key provisions would give apartment owners an undivided interest in project land and common areas along with ownership of their individual apartment. The Bill also proposes that future development potential arising from changes in planning rules, including FSI or FAR, would belong collectively to apartment owners rather than automatically to the promoter.

The proposed framework also places specific responsibilities on promoters, including handing over project documents and maintenance-related funds to apartment owners’ associations after the Occupancy Certificate. Penalties have been proposed for certain defaults.

The Bill is still proposed legislation and will have to complete the legislative process before it becomes law. Its passage could reshape how apartment ownership, association governance and redevelopment are handled across Karnataka.