The middle-class buyers of properties, whose, properties, are said to have been in the encroachment zone or on raja kaluve, face another serious issue.
Even, if the property is demolished or partially demolished or dispossessed or evicted from the property, the banks, will not waive off the loans, nor will reduce the interest, nor will provide any assistance. They will recover their money.
Therefore, please do not depend upon bank approval of properties, thinking that the title will be good.
Bank loan or sanction of bank loan or bank approval does not confer any, right, title to the property.
Katha is not a title document-It has evidentiary value only and might be treated or considered as a secondary title document.