The Delhi Apartment Ownership Act, 1986

The Delhi Apartment Ownership Act, 1986

General198627 sections6 chapters

The Delhi Apartment Ownership Act, 1986, regulates the exclusive ownership, transferability, and heritability of individual apartments within multi-storey buildings in Delhi. It applies to anyone owning, buying, or inheriting an apartment in a residential or commercial building constructed on freehold or long-term leasehold land. This crucial law matters deeply because it transforms an apartment into independent, transferable real estate, empowering individuals to legally sell, mortgage, or pass down their specific units. Furthermore, it guarantees every owner a permanent, undivided share in shared facilities like elevators and land, and mandates an owners' association to manage building maintenance and common expenses.

PDF: pending for this language.