The State Legislature passed the aforesaid amendment paving the way for the purchase of Agricultural Lands with some exceptions, by the citizens. Sections 79A and 79B, which had earlier restricted the purchase of agricultural lands by non-agriculturists, stands repealed by this Amendment.
There are few layouts formed in the aforesaid villages, have complied with all the legal formalities. The properties were converted from agriculture to residential use and approved by the BDA, the planning authority and all of them have BDA Katha, and are paying taxes to BDA as absolute owners. On 28/08/2020, the documents were submitted … Continue reading The plight of the buyers of legitimate sites in BDA approved layouts in Kurudusonnenahalli and dommasandra
An illegal layout formed in the FOREST LAND near Bannergatta and over 300 sites were formed and many were sold and the matter was in the High Court of Karnataka and the high court has delivered the judgement and the layout has to be scrapped and the forest department might take over the land.
Too many tempting offers for sale and maintenance of farmlands, coffee/tea estates, managed farms and smaller piece of lands in the estates with attractive videos and free property inspection and visits, by NEW startups with very high to impossible returns on the investment, is the NEW marketing technique to trap the investors. The offer is … Continue reading COFFEE ESTATES-FARM LANDS IN TN,ANDRA,AND KARNATAKA
Excellent Farm Land Site measuring 6 1/2 guntas, (approximately 7000sft) is available for SALE at Dommasandra Village, Sarjapur Hobli, Bangalore with good approach road. Suitable for Bunglows. Close to Wipro and IT hub. Immediate Sale. Immediate Possession. Safe. Interested persons with sound financial background may contact us at ecopackindia @gmail.com.
Non-Farmers can also buy agriculture lands without any income ceilings with minor restrictions on the lands which are situated and cultivated by the river water through reservoirs Gazette Notification
New Startups and Entrepreneurs with NOVEL SCHEMES AND IDEAS are promoting MANAGED FARMS, Farm Houses, Farm land and many agriculture related projects at the 200% cost of the buyers. Most of the promoters are highly qualified (needless to say that such degrees are suitable for jobs) with attractive websites, schemes and offices and with very … Continue reading FARM HOUSE-SITES-AGRICULTURE DEVELOPMENT AND PROJECTS- A NEW PROGRAM- WARNING
Everybody is interested to get anything to something FOR FREE or at NO COST. There are bogus online websites with excellent reviews, offer FREE SERVICES. Once, the potential buyer or owner or tenant or person/s register themselves for some service, even the registration is not free. There are some fees or charges. The FREE GUYS … Continue reading Free Service in Real Estate-websites which offer free are not REALLY FREE
BDA is auctioning the corner sites and private developers are also offering sites for sale, but, the prices have not COME DOWN. Internet savvy buyers are misled and fleeced to book the apartments in the upcoming projects. As usual the GOLMAL technique is used here. HIKE the original price of the property in the Advertisements, … Continue reading PRICES OF PROPERTY DURING COVID-19 AND ECONOMIC SLOWDOWN- 1 true case of misleading the buyers by hiding and concealing the facts about the property titles and one-sided and unfair conditions of the sale agreement
The state Government took a cabinet decision to repeal Sections 79A and 79B of KLR Act and subsequently due to stiff opposition from the Raitha Sangha and others, did not notify it. It is learnt that the Government is reconsidering the same with some changes. The Government has not notified the amendment yet and it … Continue reading The Government of Karnataka is reconsidering the Transaction in Agriculture lands
Electronic Media is abuzz with FULL LOCKDOWN of BENGALURU. Coronavirus is spreading fast in all areas. Central Business District is hit by Covid-19 for the carelessness of the citizens and intruders from other states. Inform and intimate the police and the bbmp about the new arrivals after May-17, to stop the further spread of Covid-19.
A startling news clipping read states that Fully Developed Sites attracts GST. The order has to be examined in depth to understand the levy of GST. This will affect the realty sector across the country at a time, when the realty sector reeling under multiple issues.
It was announced in the media that the karnataka state government has taken a decision to repeal or scrap Section 79A and 79B of the KLR Act. Earlier the aforesaid sections restricted the purchase of agriculture lands by non agriculturists, as it might be repealed and notified soon, anybody, or any non-agriculturist can buy the … Continue reading PROPERTY MARKET-Non-Agriculturists can also buy agricultural lands in karnataka-Notification Awaited
There is regular briefing on the daily coronovirus affected persons and areas by the respective district and municipal administration, warning the citizens to maintain safety distance and cleanliness. It is learnt that Covid-19 has engulfed all zones of Bangalore and wards. There are too many intruders and illegal entrants to Bangalore from other states, jumping … Continue reading Covid-19 is spreading its wings across Bangalore-Few Hotels and Restaurants have become the super spreader
The State Government has decided to regularise the illegal constructions of residential buildings with penalty for the buildings constructed 12 years ago. The penalties have also been decided and the same will be notified soon.
Any indian citizen (except NRI) can buy agricultural lands in karnataka and can covert it for residential use (if it lies in residential zone) or industrial use (if it lies in industrial zone) or Commercial Activity (if it lies in commercial zone) as per the Zonal regulations of the Town Planning Authority. The buyer need … Continue reading PURCHASE & TRANSACTION OF AGRICULTURAL LANDS IN KARNATAKA MADE EASY
It is learnt that the Government of Karnataka has repealed Section 79A and 79B of the Karnataka Land Reforms Act, thus paving the way for the easy transaction and sale of agricultural lands in karnataka without the RTC and Income Limits. Now, anybody can buy and sell agricultural lands in karnataka. (Subject to the official … Continue reading ANY BODY CAN BUY AGRICULTURAL LANDS WITHOUT INCOME CEILING IN KARNATAKA
We thank all the Corono Warriors.
There are few NRI properties for sale. Please check the acquisition of property by the NRI whether it is as per the legal parameters and also a serious investigation into the tax issued related to it. We suggest the buyers to avail the services of a Chartered Accountant with NRI expertise in money and tax … Continue reading Purchase of Properties from Non-Resident Indians and the regularised properties
It is learnt that the Government will come out with an amendment and will be filed before the Supreme Court to obtain its clearance to regularise the illegal buildings and it is proposed to regularise the DC Converted or B Katha Sites. Similarly, the buildings constructed on BDA Acquired land estimated around 2000 acres to … Continue reading AKRAMA-SAKRAMA-REGULARISATION OF ILLEGAL BUILDINGS- An Update