THE MARKET VALUE OR GUIDANCE VALUE FOR REGISTRATION OF PROPERTIES IS UNDER REVISION


THE CVC HAS PUBLISHED THE GUIDANCE VALUE FOR THE BANGALORE URBAN DISTRICT AND INVITED OBJECTIONS FROM THE PUBLIC, TO BE SUBMITTED WITHIN 15 DAYS FROM 07-10-2014.  THE OBJECTIONS ARE BEING EXAMINED.  THE REVISED GUIDANCE OR MARKET VALUE OR THE REGISTRATION VALUE TO CALCULATE THE STAMP DUTY AND THE REGISTRATION FEE WILL BE PUBLISHED SOON. IT … Continue reading THE MARKET VALUE OR GUIDANCE VALUE FOR REGISTRATION OF PROPERTIES IS UNDER REVISION

SALE- OFFER – RESIDENTIALLY CONVERTED PLOTS AVAILABLE AT DEVANAHALLY – CLOSE TO KIAL AIRPORT FOR APARTMENTS


SALE-SALE-SALE 11, 000 SFT TO 44, 000 SFT OF RESIDENTIALLY CONVERTED PLOTS CLOSE TO KEMPEGOWDA INTERNATIONAL AIRPORT, DEVANAHALLY, CLOSE TO BRIGADE ORCHIDS AND INDYA ESTATES APARTMENTS ARE AVAILABLE FOR SALE FOR THE CONSTRUCTION OF APARTMENTS AND INVESTMENT. OUTRIGHT SALE. COMPOUND WALL CONSTRUCTED. A GROUP OF PERSONS CAN JOIN TOGETHER AND BUY THIS KIND OF PROPERTY. … Continue reading SALE- OFFER – RESIDENTIALLY CONVERTED PLOTS AVAILABLE AT DEVANAHALLY – CLOSE TO KIAL AIRPORT FOR APARTMENTS

MANTRI TRANQUIL APARTMENT COMPOUND WALL `DEMOLISHED`


THE BBMP TODAY DEMOLISHED THE COMPOUND WALL OF THE MANTRI TRANQUIL APARTMENTS AT GUBBALALA, KANAKAPURA ROAD, BANGALORE, CLEARING THE ENCROACHMENT OF RAJA KALUVE. IT IS ALLEGED THAT THE PROMOTER HAD ENCROACHED THE RAJA KALUVE AND ALSO LOCATED THE GUEST PARKING IN THE GOVERNMENT LAND AND ON THE DIRECTIONS OF THE HIGH COURT ORDER, THE ILLEGAL … Continue reading MANTRI TRANQUIL APARTMENT COMPOUND WALL `DEMOLISHED`

ILLEGAL OR UNAUTHORISED CONSTRUCTION – APARTMENTS – B KATHA – READ THIS NEWSPAPER ARTICLE AND THE SUPREME COURT DIKAT – DEMOLITION MAN WILL BE AT THE DOORS OF UNAUTHORISED CONSTRUCTION – EVEN IF HE IS A CABINET MINISTER !! BUYING AN APARTMENT WITH VIOLATIONS – ENJOY DEMOLITION


IF A MINISTER BUILDS OR CONSTRUCTS A BUILDING VIOLATING THE SANCTIONED BUILDING PLAN, HE HAS TO FACE THE MUSIC AND THE DEMOLITION MAN KNOCKING AT HIS DOORS !!!! VIOLATION IS A VIOLATION, WHETHER IT IS COMMITTED BY THE MINISTER OR ORDINARY CITIZEN AND THE RULE IS THE SAME FOR EVERYONE!!! BUYING AN APARTMENT OR SITE … Continue reading ILLEGAL OR UNAUTHORISED CONSTRUCTION – APARTMENTS – B KATHA – READ THIS NEWSPAPER ARTICLE AND THE SUPREME COURT DIKAT – DEMOLITION MAN WILL BE AT THE DOORS OF UNAUTHORISED CONSTRUCTION – EVEN IF HE IS A CABINET MINISTER !! BUYING AN APARTMENT WITH VIOLATIONS – ENJOY DEMOLITION

THE REALTY MAJOR PREFERS AN APPEAL BEFORE SAT FOR RELEIF


DLF APPEAL DLF has sought interim relief from the Securities Appellate Tribunal (SAT) to allow it to redeem funds locked in mutual funds and other instruments. Pleading for relief, DLF, said it needed to redeem funds, including around Rs.2,000 crore locked in mutual funds as also through redemption of some bonds worth thousands of crores, … Continue reading THE REALTY MAJOR PREFERS AN APPEAL BEFORE SAT FOR RELEIF

CYCLONE `NILOFAR` in the Western Coast of India by 30-10-2014


The (IMD) Indian Meteorological Department has issued  a warning to the state governments of Maharashtra, Goa, Kerala Karnataka, Gujarat and the Union Territories of Daman and Diu and Dadar Nagar Haveli as well as Lakshadweep regarding the formation of a potentially severe cyclonic storm 'Nilofar' in the region.  Heavy to very heavy rainfall with wind … Continue reading CYCLONE `NILOFAR` in the Western Coast of India by 30-10-2014

BUYERS OF PROPERTIES ARE TAKEN FOR A RIDE BY BUILDERS/DEVELOPERS/SELLERS


THE BUILDERS/DEVELOPERS/SELLERS HAVE A CLEAR CUT STRATEGY.  IT IS A CLEAR CUT CASE, WHERE THE TITLES ARE DISPUTED OR HAVE DISCREPANCY OR THERE ARE ORIGINAL AND GENUINE CLAIMS AGAINST THE PROPERTY.  THE DEVELOPERS BUY IT OR ENTER INTO A JOINT DEVELOPMENT AGREEMENT KNOWINGLY WELL AND OFFER THESE PROPERTIES AT ATTRACTIVE PRICES AS `PRE LAUNCH OFFER`. … Continue reading BUYERS OF PROPERTIES ARE TAKEN FOR A RIDE BY BUILDERS/DEVELOPERS/SELLERS

SITES FORMED IN GOVERNMENT LANDS RECOVERED AT KOMMAGATTA


FRAUD DEVELOPER - FAKE DOCUMENTS - SALE OF SITES IN ILLEGAL LAYOUT -  GOVERNMENT RECOVERS LAND - KOMMAGATTA - BANGALORE NORTH - BANGALORE SOUTH - OVER 77 ACRES RECOVERED AND APPROXIMATELY 1000 SITES - ILLEGAL - GONE AND GONE FOREVER - FEW DEVELOPERS WHO ARE ABSCONDING AND FEW OTHERS WHO ARE CAUGHT MIGHT APPROACH THE … Continue reading SITES FORMED IN GOVERNMENT LANDS RECOVERED AT KOMMAGATTA

REVISION OF GUIDANCE VALUE OF PROPERTIES ON CARDS SOON IN KARNATAKA


THE PROPERTY REGISTRATION GUIDANCE VALUE OR THE MARKET VALUE IN THE STATE OF KARNATAKA WILL BE REVISED VERY SOON AND THE VALUES ARE EXPECTED TO BE INCREASED ON AN AVERAGE OF 20% TO 30%. THE PROPERTY VALUES WHICH WERE UNDERVALUED EARLIER IN SOME ZONES MIGHT BE PLACED TO THE ACTUALS THIS TIME. ADDITIONALLY THE GOVERNMENT … Continue reading REVISION OF GUIDANCE VALUE OF PROPERTIES ON CARDS SOON IN KARNATAKA

BUILDER GOES TO JAIL – THANE DISTRICT CONSUMER REDRESSAL FORUM – ORDER!!!!


A Vasai-based builder has been sentenced to one-year imprisonment for failing to comply with a 2008 order of Thane District Consumer Redressal Forum (TDCRF) and also slapped a fine of Rs 10,000 on him, failing which he will have to undergo an additional imprisonment of six months         Ms.Patricia Shashikant Vinekar, Siddharth Nagar Goregaon, Mumbai had … Continue reading BUILDER GOES TO JAIL – THANE DISTRICT CONSUMER REDRESSAL FORUM – ORDER!!!!

LAND ENCROACHMENT – ANOTHER IPS OFFICER IN THE NET


A.T.RAMASWAMY, WHO HAD INVESTIGATED AND DETECTED LARGE SCALE ENCROACHMENT IN THE STATE HAS IN A PRESS REPORT ALLEGED THAT A RETIRED POLICE OFFICER AND HIS FAMILY HAS ILLEGALLY OBTAINED THE GOVERNMENT LANDS BY FALSIFYING THE DOCUMENTS.  AS USUAL, THE OFFICER STATED THAT HE HAS NOT DONE ANYTHING WRONG AND THIS WILL GO ON AND ON, … Continue reading LAND ENCROACHMENT – ANOTHER IPS OFFICER IN THE NET

MORE GOVERNMENT LAND REPOSSESSED THIS MONTH – MORE SITES AND APARTMENTS LOST


THE GOVERNMENT OF KARNATAKA, THE DEPUTY COMMISSIONERS AND THE THASILDARS ARE RECOVERING THE GOVERNMENT LANDS IN AND AROUND BANGALORE. IT HAS COME TO THE NOTICE THAT MANY SITES FORMED ILLEGALLY ARE TAKEN BACK AND RECOVERED.  THE BUYERS OF PROPERTIES HAVE BBMP KATHA AND PANCHAYAT KATHA, ISSUED ON FAKE AND BOGUS DOCUMENTS.  SOME OF THEM HAVE … Continue reading MORE GOVERNMENT LAND REPOSSESSED THIS MONTH – MORE SITES AND APARTMENTS LOST

CONFIDENCE LOST !!! YES


THE LAND ENCROACHMENT BY LAND SHARKS AND ROGUE DEVELOPERS HAS BEEN DETECTED AND HUGE SECTORS OF LAND REPOSSESSED OR TAKEN OVER BY THE GOVERNMENT AND THE CONFIDENCE GROUP, WHICH WAS EARLIER SUSPECTED TO BE ONE OF THE ENCROACHER HAS TURNED OUT TO BE TRUE. AS USUAL, THE DC ISSUED THE NOTICE OF EVICTION, AND AS … Continue reading CONFIDENCE LOST !!! YES

ILLEGAL AND UNAUTHORISED LAYOUTS IN BANGALORE SOUTH IN DOCKS


AN UNAUTHORISED LAYOUT AND ILLEGAL LAYOUT FORMED IN GREEN BELT WAS ORDERED TO BE DEMOLISHED BY THE THASILDAR, BANGALORE SOUTH WAS STAYED BY THE HIGH COURT OF KARNATAKA, BUT NOT FOR LONG. A STAY WAS BROUGHT AND THE SITE OWNERS CAN HEAVE A SIGH OF RELIEF BUT THE GOVERNMENT CANNOT REGULARISE IT AND A LONG … Continue reading ILLEGAL AND UNAUTHORISED LAYOUTS IN BANGALORE SOUTH IN DOCKS

GOVERNMENT RECOVERS LAND IN BANGALORE


THE BANGALORE DC HAS RECOVERED GOVERNMENT LANDS NEAR NICE ROAD VALUED OVER FEW CRORES, WHICH WAS ILLEGALLY BIFURCATED AND SOLD AS SITES IN BANGALORE SOUTH YESTERDAY.   MOST OF THE SITE OWNERS HAD AVAILED HOME LOANS ON THESE SITES AS WAS OFFERED BY A FINANCIAL ORGANISATION AND HAD NOT CONDUCTED ANY DILIGENT ENQUIRY BEFORE THE … Continue reading GOVERNMENT RECOVERS LAND IN BANGALORE

RECOVERY OF GOVERNMENT LANDS AND RESUMPTION OF RAJA KALUVE IN BANGALORE SOUTH


TWO NOTORIOUS AND PROMINENT BUILDERS HAVE ENCROACHED UPON THE RAJA KALUVE, KALU DAARI AND BANDI DAARI IN BEGUR HOBLI, BANGALORE SOUTH TALUK. THE APARTMENT OWNERS WILL BE IN FOR A SHOCK, WHEN THIS LAND ENCROACHED BY THESE BUILDERS WITH DEVIOUS METHOD IS RECOVERED BY THE GOVERNMENT.