A Draconian Blow to Apartment Owners’ Rights in the form of New Bill
Money can create News, Money can create Opinions, Money can create Disturbance, Money can Buy Votes, Money can Buy Politicians and now Money has created a Bill. Part of the unethical Real Estate lobby is…
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Fraud Behind the Facade: Bengaluru Real Estate, Illegal Mortgages, and the Regulatory Ripples in India’s Capital Markets
BENGALURU — As India’s real estate sector continues to attract institutional and retail capital, alongside a bullish stock market and rising private equity interest, an undercurrent of fraud and regulatory…
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The Taste of Illegally Mortgaged Money: Power, Authority, and the Ruin of Urban Living
Illegal mortgaging of apartment properties usually begins with a breakdown of governance. Builders, developers, or unauthorised associations continue to exercise control even after the apartments are sold.…
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Ensuring Effective Representation of the State: Revisiting Government Advocates’ Role under the Karnataka Conduct of Government Litigation Act, 2023
The Karnataka Conduct of Government Litigation Act, 2023 was enacted to ensure that the Government of Karnataka’s legal interests are defended with discipline, diligence, and accountability in the courts and…
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Illegal Mortgaging Of Sold Apartment Land By Seller is a CRIME
Under the Real Estate (Regulation and Development) Act, 2016 (RERA), when a builder sells flats/apartments in a project, the expectation is that the “undivided proportionate title” in the land and common…
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Why Unregistered Associations Are Able to Open Bank Accounts — and Why RBI or Government Authorities Are Not Acting?
Unregistered apartment owners’ associations—particularly those formed without registration and without provision of law under the Karnataka Apartment Ownership Act (KAOA), have no juristic status, yet…
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REGISTRATION OF KAOA ASSOCIATION-AN ERROR CARRIED FORWARD?
The Karnataka Apartment Ownership Act 1972 is in force in Karnataka from many years but no one is able to identify the provision of law under this statute to form an association and register it. But…
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