Legal Guide: Buying Apartments in Karnataka
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Introduction: The real estate market in Karnataka has seen substantial growth in recent years, driven by urban expansion, industrial development, and an increasing demand for residential properties. As more individuals and families seek to invest in apartments across the state, the legal landscape governing such transactions has evolved to ensure transparency, accountability, and protection for both buyers and sellers. However, the process of purchasing an apartment comes with its own set of legal requirements and potential challenges that buyers must be aware of. Karnataka's legal framework for property transactions is comprehensive, addressing everything from title verification and regulatory approvals to compliance with real estate laws like the Real Estate (Regulation and Development) Act, 2016 (RERA). Whether you are purchasing an apartment from a builder or in a resale transaction, adhering to these legal stipulations is crucial to safeguarding your investment and avoidin...