DEVIATIONS AND VIOLATIONS IN BUILDINGS-HOW IT IS DEALT IN NAVI MUMBAI !!!!!


http://youtu.be/7xDj0DDnCc0 READ : HOW ILLEGAL CONSTRUCTION IS DEALT IN NAVI MUMBAI!!!!! FSI-THEFT- FLOOR SPACE INDEX THE FSI IS CALLED FAR IN BANGALORE- FLOOR AREA RATIO !!!! Developer failed to stick to bldg plan, gave residents possession without OC Fraud, cheating cases filed against builder:  DNA newspaper.12.7.2012in NAVI MUMBAI   Two separate cases of fraud and … Continue reading DEVIATIONS AND VIOLATIONS IN BUILDINGS-HOW IT IS DEALT IN NAVI MUMBAI !!!!!

BUILDER`S ANTICS & TACTICS AT BANGALORE


AS IT IS SAID, THE VIOLATIONS AND IRREGULARITIES ARE A WAY OF LIFE FOR CHEATS AND FRAUDS, EVEN THE GENTLEMEN `BUILDERS AND DEVELOPERS` ARE TAKING SHELTER UNDER THIS UMBRELLA.  WHEN ILLEGALITIES/VIOLATIONS AND NON COMPLIANCE TO THE PREVAILING LAWS ARE BROUGHT TO NOTICE OR INTIMATED WITH SUPPORTING DOCUMENTARY EVIDENCE, THE OWNERS/SELLERS/DEVELOPERS, CORNERED WITH THE TRUTH AND … Continue reading BUILDER`S ANTICS & TACTICS AT BANGALORE

IRREGULARITIES, VIOLATIONS, MISREPRESENTATON OF FACTS & CONCEALMENT OF FACTS BY TOP BUILDERS AT BANGALORE


IT IS NOTICED THAT IRREGULARITIES, VIOLATIONS, DEVIATIONS, MISREPRESENTATION OF FACTS, CONCEALMENT OF MATERIAL FACTS AND IRRELEVANT DOCUMENTS ARE SUBMITTED TO THE GOVERNMENT AUTHORITIES AND ALL THE BOARDS ETC TO OBTAIN THE LICENSES, APPROVALS, NOC AND CLEARANCES HAVE BECOME A PART AND PARCEL OF THE REAL ESTATE AND CONSTRUCTION BUSINESS.  OF LATE, EVEN, THE SO CALLED, … Continue reading IRREGULARITIES, VIOLATIONS, MISREPRESENTATON OF FACTS & CONCEALMENT OF FACTS BY TOP BUILDERS AT BANGALORE

DLF HOUSING PROJECT IN BEGUR-BUYERS BEWARE !!!!!!


SOME ANXIOUS READERS ENQUIRED ABOUT THE FUTURE OF THIS PROJECT.  THERE ARE TWO IMPENDING CASES, WHICH ARE SERIOUS IN NATURE, MIGHT BE A LONG LEGAL TUSSLE ENSUED AND IN THE WORST SCENARIO, THE PLAN MAY BE CANCELLED OR STANDS WITHDRAWN.  AS OF NOW, DUE TO THE IRREGULARITY AND MISREPRESENTATION OF THE FACTS, THE PLAN STANDS … Continue reading DLF HOUSING PROJECT IN BEGUR-BUYERS BEWARE !!!!!!

DLF ENQUIRY CLAIMS THE FIRST VICTIM-DLF PROJECT IN DOLDRUMS


DLF HOUSING PROJECT IN BEGUR, BANGALORE SOUTH IS ALLEGED TO HAVE BEEN SANCTIONED ON IRREGULARITIES AND A CASE HAD BEEN REGISTERED WITH BMTF AND ALSO WITH THE LOKA AYUKTA COURT AGAINST THE BDA TOWN PLANNING OFFICIALS AND THE MD OF THE DLF. THE ENQUIRY WAS CONDUCTED AND THE OFFICE OF THE TPM(TOWN PLANNING MEMBER-JOINT DIRECTOR … Continue reading DLF ENQUIRY CLAIMS THE FIRST VICTIM-DLF PROJECT IN DOLDRUMS

SERVICE TAX ON APARTMENTS AND CONSTRUCTION SERVICES-ABATEMENT 75%


SERVICE TAX ON APARTMENTS AND CONSTRUCTION SERVICES Construction services – 25% taxable Abatement of 75%. Service provided with respect to Construction of complex, building, civil structure and part thereof , intended for sale , wholly or partially Except those where entire consideration is received after issuance of completion certificate by the competent authority. This is subject … Continue reading SERVICE TAX ON APARTMENTS AND CONSTRUCTION SERVICES-ABATEMENT 75%

ANOTHER BLOW TO DLF


THE LOKAYUKTA COURT HAS DIRECTED THE SP LOKAYUKTA TO COMPLETE THE INVESTIGATION BY 15th, DEC, 2012 AND REPORT THE CONNIVANCE OF THE MINISTER INVOLVED IN DLF ENCROACHMENT IN T BEGUR, BANGALORE SOUTH TALUK, IN ITS MULTISTORY HOUSING COMPLEX. IT APPEARS THAT A LONG LEGAL BATTLE IS ENSUED  AND THE BUYERS ARE LEFT AT THE MERCY … Continue reading ANOTHER BLOW TO DLF

BMRDA JURISDITION AND ILLEGAL AND UNAUTHORISED LAYOUTS, APARTMENTS AND GOVINDA SITES


BMRDA Bangalore Metropolitan Region Development Authority (BMRDA) is an    autonomous body created by the Government of Karnataka under the BMRDA Act 1985 for the purpose of planning, co-ordinating and supervising the proper and orderly development of the areas within the Bangalore Metropolitan Region (BMR) which comprises Bangalore urban district, Bangalore rural district and Ramanagara district. … Continue reading BMRDA JURISDITION AND ILLEGAL AND UNAUTHORISED LAYOUTS, APARTMENTS AND GOVINDA SITES

424 ILLEGAL AND UNAUTHORISED LAYOUTS IN BMRDA JURISDICTION !!!!!!!!!!!!!!


ILLEGAL AND UNAUTHORISED LAYOUTS IN BMRDA JURISDICTION BMRDA HAS IDENTIFIED AND HAVE INITIATED ACTION AGAINST 424 ILLEGAL AND UNAUTHORISED LAYOUTS IN ITS JURISDICTION IN ANEKAL, MAGADI, KANAKAPURA ROAD, NELAMANGALA ,HOSKOTE, DEVANAHALLY AND MYSORE ROAD AREAS.IT IS RELIABLY LEARNT THAT THE AUTHORITY HAS APPROACHED THE REVENUE DEPARTMENT AND THE JURISDICTIONAL SUB-REGISTRARS FOR DETAILS AND APPROPRIATE ACTION … Continue reading 424 ILLEGAL AND UNAUTHORISED LAYOUTS IN BMRDA JURISDICTION !!!!!!!!!!!!!!

PROPERTY PRICES RISE BY 5% TO 15% IN 10 MONTHS AT BANGALORE !!!


PROPERTY PRICES IN BANGALORE FROM 1-1-2012 TO 31-10-2012 According to a study conducted by a private group on the prices of Residential properties in Bangalore, there is a stimulated rise of around 5% percent to 15% on an average in the prices in for the period between December 2011 and October, 2012. Sarjapur road, (ring … Continue reading PROPERTY PRICES RISE BY 5% TO 15% IN 10 MONTHS AT BANGALORE !!!

MERE WATAN KE LOG, JARA YAAD KARO QURBANI !!! A REAL STORY OF INDIAN BREAVEHEARTS IN THE INDO-CHINESE WAR IN 1962- Major SHAITAN SINGH AND HIS MEN`S VALOUR !!!!


Major Shaitan Singh was awarded the Param Vir Chakra (posthumous) for his valour.  The Chinese launched a full-scale attack on  On October 20, 1962,  the 7 Infantry Brigade, stretched as it was along the Namka Chu river in the Kaming division of North East Frontier Agency (NEFA), later renamed Arunachal Pradesh, and made rapid progress.  … Continue reading MERE WATAN KE LOG, JARA YAAD KARO QURBANI !!! A REAL STORY OF INDIAN BREAVEHEARTS IN THE INDO-CHINESE WAR IN 1962- Major SHAITAN SINGH AND HIS MEN`S VALOUR !!!!

DEFAULT OF EMI IN HOME LOANS IS INCREASING


A LATEST REPORT HAS SHOWN SIGNIFICANT INCREASE IN THE DEFAULT/NON REPAYMENT OF EMI ON HOME LOANS.  THOUGH THE PERCENTAGE OF DEFAULTERS ARE MORE IN THE UNSECURED CREDITORS SECTOR, ESPECIALLY IN CREDIT CARD AND PERSONAL LOAN SECTOR, BUT THE HOME LOAN SECTOR IS ALSO WITNESSING THIS CHANGE.    

RECOVERY OF GOVERNMENT LANDS IN AND AROUND BANGALORE


 The Jagadish Shettar government is considering a proposal to revive the A T Ramaswamy committee report on encroachment of government land in Bangalore, which has unearthed over 40,000 acres land worth Rs 50,000 crore encroached in and around Bangalore. The report of task force on government land encroachment across the state headed by V Balasubramaniam would also be … Continue reading RECOVERY OF GOVERNMENT LANDS IN AND AROUND BANGALORE

WATCH OUT- BEFORE PAYING THE ADVANCE TOWARDS THE PURCHASE OF PROPERTIES


WATCH OUT!!! BUYING A PROPERTY? THE PROPERTY HAS BEEN SELECTED/CHOSEN!!!! NOW THE NEGOTIATION REGARDING THE PRICE BEGINS!!!!!!! BOTH BUYER AND SELLER MUTUALLY AGREE FOR THE SALE PRICE & DURATION TO COMPLETE THE SALE TRANSACTION !!!!!!!!!!!!!!!!!!!!!! THE NEXT STAGE IS SET!!!!!!!!!!!!!! THE SELLERS NORMALLY DEMANDS EARNEST MONEY DEPOSIT/ADVANCE/SECURITY DEPOSIT, TO HAND OVER THE COPIES OF THE … Continue reading WATCH OUT- BEFORE PAYING THE ADVANCE TOWARDS THE PURCHASE OF PROPERTIES

FORFIETURE OF EARNEST MONEY DEPOSIT/SECURITY DEPOSIT/ADVANCE PAID FOR THE PURCHASE OF PROPERTY


Advance/ Security Deposit/Earnest money is paid or given at the time when the contract is entered into and, as a pledge for its due performance by the depositor to be forfeited in case of non-performance, by the depositor. It (Advance/earnest money deposit/security deposit)represents the guarantee that the contract (clauses in the sale agreement) would be … Continue reading FORFIETURE OF EARNEST MONEY DEPOSIT/SECURITY DEPOSIT/ADVANCE PAID FOR THE PURCHASE OF PROPERTY