There is a very huge residential complex on the banks of two of the major lakes built by leading builders MAY face the same treatment from NGT as others and the poor buyers will be the victim.
Leave alone these residential complex and the builders are financially and politically very SOUND can manage or even refund or provide alternative accommodation, but the revenue, unauthorised layouts, illegal buildings and DC Converted layouts/sites without approved/sanctioned plan or with deviations will have to face the bulldozers.
Some of the DECLARATIONS from these owners are as under:
a). There are too many buildings like this, nobody has got guts to demolish.
b). Entire Bangalore is like this, Ha ha haaahaaa, I am not alone, there are many like me, all of us go down together.
c). We have Cauvery Water and Bescom Connection!!! So What? Bescom is a power supplier and if you do not pay the charges or the bill for a month or more, the power will be disconnected and likewise, the Cauvery water connection. Power and Water Connection will not confer any right, title and interest.
d). I have A Katha. Even, if there is A katha, if there are deviations, violation and illegalities, the structure is termed as illegal and will be removed, but, the owners can buy some time and stay put and may not be able to sell in the future.
e). Bank has sanctioned loan, hence, everything is right. It is not so. Sanction of loan does not confer any right, title and interest. Even if the structure or the site is demolished or dispossessed, THE BORROWER HAS TO REPAY THE LOAN WITH INTEREST.
f). I know him, him and nobody dares to touch my building. It is not so. Things are changing.
Therefore, Before the purchase DO CONDUCT A THOROUGH AND DILIGENT ENQUIRY INTO ALL THE ASPECTS OF THE PROPERTY.