The High Court bench has initiated the contempt proceedings against Sri.Hiremutt, who was against the illegal and irregular sale of the industrial land in Survey No.42, Pattandur Agrahara to Prestige Builders by Joy Ice Cream ( Now Defunct), had issued a press statement about the adverse (improper) investigation and misleading submission of the suit details … Continue reading Contempt Proceedings against Social Activist Sri.S.R.Hiremutt
The suit regarding the industrial land in survey no.42, pattandur Agrahara, allotted to Joy Ice Cream for industrial purpose at a very cheaper rate by the Government with a condition that the allotted land MUST ONLY BE USED FOR INDUSTRIAL PURPOSE, the said property was sold to prestige group, and the builder obtained the sanction … Continue reading PRESTIGE WHITE MEADOWS – PATTANDUR AGRAHARA – WHITEFIELD ????
A NEWS REPORT: A man in Bengaluru sold off a piece of land that housed a local police station, presenting it as a residential plot with forged documents. A cheat in Bengaluru took the art of con to a whole new level by forging all property documents and trapping a clueless buyer and sold off a … Continue reading POLICE STATION SOLD IN BANGALORE-FAKE DOCUMENTS-A NEWS REPORT
Many properties with title defects and discrepancy, building plan violation, zonal violation, fake or manipulated licenses or approvals had been sold to innocent buyers. Buyers, who had been cheated, can substantiate their case in the court of law and seek relief from the court and initiate appropriate proceedings against the offenders. But, in our system, … Continue reading BOUGHT A PROPERTY WITH DEFECTIVE TITLES OR DISCREPANCY OR VIOLATION OR DEVIATION OR FAKE DOCUMENTS ? DO NOT WORRY
The Stamps and Registration Department might be revising the Guidance values of the properties in the Bangalore Rural and urban Districts between 02-11-2015 to 05-11-2015. It is learnt that a decision has already been taken and will be announced soon. The New Guidance Values will reflect the latest market values of the properties and there … Continue reading PROPERTY REGISTRATION MARKET VALUES MAY BE REVISED BETWEEN 02-11-2015 TO 05-11-2015 IN BANGALORE
There is a mismatch in demand and supply of residential and commercial projects in Bangalore. Currently, supply far exceeds demand and inventories of homes run into years of sales. Home prices need to fall significantly for these inventories to clear. This expected fall isn’t happening, or at least not as fast as people are expecting. … Continue reading DEMAND AND SUPPLY OF RESIDENTIAL/COMMERCIAL PROJECTS AND THE DELAYS IN THE NEWLY LAUNCHED BOGUS PROJECTS !!!
Revision of property tax in Bangalore and its legal issues The Government has approved the revision of property taxes in BBMP limits after 7 long years and the hike is in the range 20% of residential buildings and 25% for commercial buildings. It is also discovered that over 2 lakh property owners are not paying … Continue reading PROPERTY TAXES WILL BE HIKED FROM 01-04-2016, SUBJECT TO THE LEGAL CLEARANCE IN BBMP LIMITS- HIKE BETWEEN 30% TO 40% ACTUALS BUT ON PAPER IT IS 20% AND 25%
All the roads, civic amenity sites and parks within the so called `GATED COMMUNITIES` in the state of karnataka belongs to the Government and even in some major residential projects by DLF, Hiranandanai and others, the raja kaluve, bandi daari, kharab, kaalu daari, parks, road, civic amenity sites belongs to the Government. There are over … Continue reading Gated Communities – Special ????????????
It has become a fad for the developers and builders for not making (paying)the municipal and other taxes to the local authorities and in one such an instance, the BBMP has issued a notice to the Manyata Tech Park management (managed by a politician in power) to pay the revised taxes and as usual, the … Continue reading MANYATA TECH PARK IS IN NEWS AGAIN FOR NON PAYMENT OF TAXES
The executive engineer, Byatarayanapura division is said to have complained to Smpigehally Police Station, that Manyata Tech Park (owned by Embassy Group) has encroached the open drain, diverted its natural flow and built an illegal bridge over the drain, which led to the creation of a dangerous spot in the drain leading to the death … Continue reading DROWNING OF A 15 YEAR OLD BOY IN THE RAJAKALUVE IN VEERANNAPALYA DUE TO ILLEGAL AND UNAUTHORISED DIVERSION AND CONSTRUCTION OF A BRIDGE ACROSS THE RAJA KALUVE IN THE KHARAB LAND BY A BUILDER
The Bangalore based Embassy Group has entered into a new joint venture with private equity firm Warburg Pincus to build warehouses across the country and it is said the investment is around Rs.1,600 Crores and the investment in a new area of real estate in India, under the name and style of Embassy Industrial Parks, includes … Continue reading Embassy group in new AVATAR !!! POWERFUL BACKING !!!
It has come to light that one of the leading builder, knowingly well has bought a piece of land in the Jalahally - Peenya Area, which actually belonged to the Forest Department and is constructing apartments. The Forest Department has issued eviction notices to a private builder. The matter is pending appeal with the state government, … Continue reading A LEADING BUILDER`S PROJECT – FOREST DEPARTMENT ISSUES NOTICE TO VACATE – AS USUAL, THE BUILDER HAS APPROACHED THE JUDICIARY TO DELAY THE ????????????
The fire gutted the entire store of over 5 floors. The issues: 1). Deviation and violation. Not constructed as per the sanctioned building plan. 2). Deliberate Non-Compliance of Fire and Emergency safety precautions. The building owner has not constructed the building with safety measures, as it was past midnight, no casualties reported. 3). As it … Continue reading FIRE AT BRAND FACTORY AT MARUTHALLI, BANGALORE