The scheme and its operation had been stayed by the Apex court and as on date, there is no development. Even, this scheme will not come to the help of the encroachers or those, who have constructed the buildings on the buffer zone. The Government had been trying to convince the court, but, as of … Continue reading AKRAMA-SAKRAMA-An update
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 … Continue reading Bengaluru-2022 flooding and the problem of home loans or bank loans – the banks, will demand and recover-even if the property is demolished or gone!!!!!!
It is to be noted that we have been continuously requesting all the readers,(free of cost) not to enter into agreements, nor sale, or even enter into rent or lease agreements with properties of encroachment, violation, deviation, and irregularities. Our write-up on 31-07-2017-predicted this chaos ENCROACHED RAJA KALUVE AND ARE UNDER LITIGATION – WATCH OUT … Continue reading Bengaluru flooding woes, & chaos
THE GREAT INNOVATOR & THE CREATOR OF INDIAN FLAG SRIMAN PINGALI VENKAYYAGARU, WHOM WE ALL FORGOT, BUT, WAVE IT AS A GREAT INDIAN PATRIOITS. LET US HONOUR HIM ON THIS DAY OF 02-08-2022. SUCH GREAT SOULS LIVED FOR US ON THIS COUNTRY AND CREATED THE HISTORY FOR US. LET US ALL REMEMBER HIS CONTRIBUTION, WHEN … Continue reading WE PAY TRIBUTE TO SRIMAN PINGALI VENKAYYAGARU-THE CREATOR OF THE GREAT INDIAN FLAG
The readers are advised to seek professional help and assistance through reference and personal contact or experience with a known expert professional (whenever it is possible) to prepare documents like WILL, SALE AGREEMENT, SPECIAL POWER OF ATTORNEY, GENERAL POWER OF ATTORNEY, SALE DEED or any other legal documents. Unknown, strange, and online websites are offering … Continue reading Legal Documents Preparation-with the help of strange online websites
EXCELLENT AND GENUINE PROPERTY FOR SALE AT DEVANAHALLI, close to the upcoming industrial park, close to KIA airport, on the main road, FOR SALE. BIAAPA APPROVED (SINGLE PLOT) WITH DEVANAHALLI TOWN MUNICIPALITY KATHA, ON NH 207, WITH 177 FEET ROAD FACING, CLOSE TO NH-44, FOR SALE. a. Having total land area of 4,957 Square Meters … Continue reading EXCELLENT PROPERTY WITH CLEAR TITLES AND ALL APPROVALS ON NH-207 DEVANAHALLI FOR SALE
The High Court of Karnataka has directed the State Government NOT to register the sale of sites formed in agricultural land in the year 2005 and many xxxxxxxxxxxxxxx have been selling this type of properties to innocent buyers with fake or forged or manipulated documents. The purchasers of this type of property can initiate both … Continue reading Purchase of Panchayat Sites and Revenue Sites
Those who have availed of the housing loan might have submitted this type of affidavit at the time of disbursement of the loan. Check it out. Affidavit for housing loan (for housing loans for purchase of built up house/flat) I/We Sri. Son of working as at and residing at do hereby solemnly affirm on oath … Continue reading Draft of the Affidavit might have been submitted to the Bank
The High Court of Karnataka took a serious view and summoned The Commissioner, BBMP to the court and warned him for the non-submission and for not taking any action on buildings without plans, buildings, which have violated the sanctioned plans, and the Commissioner assured the Court that he would submit the survey report by 09-12-2021. … Continue reading HIGH COURT OF KARNATAKA directs the BBMP Commissioner to complete the survey of illegal, unauthorised and buildings with sanctioned plan violations and take action on illegal buildings.
The NGT took serious objections regarding the BBMP role in the approval of the project and fined the Project Proponent M/S.Wonder Projects Development Private Limited ., (CIN NO. U70102MH2015PT) A Company duly incorporated under the provisions of the Companies Act, 2013, and having its registered office at “GODREJ ONE” 5th Floor, Pirojshnagar, Eastern Express Highway, … Continue reading NGT orders Demolition of Residential Project of Godrej Reflections at Kaikondarahalli
There has been a lots of noise in the social media and internet about the FARM LAND, MANAGED FARMS, FARM HOUSES and various offers, including club house and unbelievable returns on the investment. Please visit the property, conduct local enquiry, conduct survey, and examine the titles diligently, then, start the negotiation and if, everything appears … Continue reading FARM HOUSES-OFFERS
There is only one KATHA. There are no ABCD kathas in the KMC Act. Katha means, a revenue account of the property in the municipal records and it is a secondary title document. B-Katha is issued by the municipal authority, within its jurisdiction the property is situated. A register is maintained and entries regarding the … Continue reading B-Katha Properties and its nature
The High Court of Karnataka has observed that the actions regarding the regularisation or re convey of BDA Acquired properties within the BDA limits as per the new Amendment is subject to the final outcome or the order from the Court. The Government of Karnataka proposed to regularise the properties, which are constructed in the … Continue reading High Court Observations on the regularisation of lands acquired by BDA
Due to the pandemic and lockdown in the State of Karnataka, the Government has extended the rebate of 5% on the payment of full year property taxes in Bangalore and issued a circular to this effect. The property owner, who has not paid and those who could not pay till 31-5-2021, may avail this opportunity … Continue reading BBMP property tax rebate period extended to 30-06-2021
The construction industry was in an upbeat mood in January 2021 to February 2021, the down fall began by March beginning, marking the end of the swing. Expecting the unexpected the sellers/builders started marketing the properties in a frenzy, even the ones, which did not have anything, except the brochures. Many buyers are already in … Continue reading Property prices in Bangalore and surrounding areas in 2021& Proposed projects at the cost of the buyers.
Due to Covid-19, BBMP has extended the rebate of 5% on the payment of full year property tax from 1-5-2021 to 31-5-2021. Property owners can avail this benefit.
The Karnataka Government has reduced the Stamp Duty from the present 5% to 3% on the budget apartments within the price range of Rs.35 Lakhs to Rs.45 Lakhs in the budget presented few days ago. It is applicable for the first time buyers only. This will help the first time property buyers save 2% on … Continue reading Stamp Duty reduced for the first time buyers of apartments in karnataka