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If any apartment is acquired
by any person, whether by allotment, sale or otherwise with the consideration thereof paid or provided by
another person, the acquirer shall, notwithstanding anything contained in the Transfer of Property
Act, 1882 (4 of 1882), or in the Indian Trusts Act, 1882 (2 of 1882) or in any other law for the time being
in force, be deemed to be the real owner of such apartment, and no court shall entertain any claim of the
person paying or providing such consideration for title to such apartment on the ground that the
acquisition of the apartment was made on behalf of such person or on behalf of someone through whom
such person claims.
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