Rajasthan government to frame rules for Apartment Ownership Act
The long-pending Rajasthan Apartment Ownership Act is likely to be implemented in the state soon.
After sitting on the Act for long, the urban development and housing (UDH) on Wednesday decided to frame the draft of the rules by November 15. A senior UDH official said, “Directions have been issued to prepare the rules. Following this, the department will ask for suggestions and objections before implementation.”
The Act received a nod from the President of India in July. However, it was not implemented as department failed to draft the rules till date.
This Act gives land rights to flat owners on the land on which an apartment is constructed. The Act is need of the hour as it is mandatory for the developer to issue sub-lease to purchasers claiming their right on the land on which apartment is constructed.