HUGE STRETCHES OF THESE LAKES WERE ENCROACHED BY LAND SHARKS/MAFIA AND POLITICAL LEADERS AND SOLD THE PROPERTIES WITH CONCOCTED AND FAKE DOCUMENTS WITH BBMP `A` KATHA.
MAJORITY OF THESE KATHAS TRANSFERRED ON THE BASIS OF MISREPRESENTATION OF FACTS, FAKE AND FABRICATED DOCUMENTS.
IT IS THE RESPONSIBILITY AND THE DUTY OF THE BUYER TO CONDUCT DUE AND DILIGENT ENQUIRY INTO THE TITLES AND ALSO THE KATHA, VERIFY THE VERACITY OF THE SELLERS CLAIMS AND TITLE AND THOROUGHLY EXAMINE, HOW THE KATHA IS OBTAINED? BUT, NO BODY DOES IT. EVERYONE IS IN A TEARING HURRY TO BUY THE PROPERTY AND THEN SHED TEARS, WITH SHIFTING THE BLAME TACTICS LIKE SAYING:
1). The sub-Registrar must have not registered the document.
2). BBMP must have not given the kahta.
3). BESCOM must have not given the power connection.
4). BWSSB must have not provided water supply.
All these statements does not hold good in the eyes of law. Ignorance of law is no excuse.
THE SELLERS DECLARATION IS AS UNDER:
1). We have NOC from BDA.
2). We have Cauvery water connection.
3). We have BESCOM Connection.
4). We have BBMP Katha.
5). We have lots of political connections.
6). XXX has approved the building or layout or loan is available from so and so Bank.
All the aforesaid statements are made to FOOL the buyers. Water supply, Electricity Connection and BBMP Katha does not confer any RIGHT, TITLE AND INTEREST, Nor these sellers political connections and nor the BDA NOC.
It is a fact that 75% of the apartments have more than 50% deviation and violation, which cannot be regularised UNDER ANY LAW IN INDIA, and over 90% of these buildings have HOME LOAN from the Banks.
Moreover, these buildings are not safe to live in. Even, in a slum, there is atleast 3 feet distance is maintained between one jopdi to another, but here, there is not setback at all.
A PRESS REPORT