PROPERTY LOST/DEMOLISHED IN THE LAKE BED, GOMALA, CIVIC AMENITY SITES, GUNDU THOPU, BDA, KIADB LAND AND OTHER ENCROACHEMENTS SOLD BY LAND MAFIA AND DEVELOPERS = THE LOOSERS/PROPERTY(PRESENT) OWNERS OF THE PROPERTY CAN SUE THE SELLERS/BUILDERS AND RECOVER THE AMOUNT ALONG WITH DAMAGES AND COMPENSATION


HAVE YOU BOUGHT A PROPERTY, WHICH IS TERMED AS ILLEGAL OR IRREGULAR OR SOLD WITH FAKE OR FABRICATED DOCUMENTS OR CLOSE TO RAJA KALUVE OR LAKE? DO NOT LOOSE HOPE.  THE OWNERS, IF ALL OTHER THINGS ARE GOOD, CAN FIGHT AND INITIATE ACTION AND RECOVER THE LOSS, BASED ON THE DOCUMENTS ON WHICH IT IS … Continue reading PROPERTY LOST/DEMOLISHED IN THE LAKE BED, GOMALA, CIVIC AMENITY SITES, GUNDU THOPU, BDA, KIADB LAND AND OTHER ENCROACHEMENTS SOLD BY LAND MAFIA AND DEVELOPERS = THE LOOSERS/PROPERTY(PRESENT) OWNERS OF THE PROPERTY CAN SUE THE SELLERS/BUILDERS AND RECOVER THE AMOUNT ALONG WITH DAMAGES AND COMPENSATION

DID YOU CHECK AND VERIFY THE VAT TAX, SERVICE TAX, BESCOM DEPOSIT AND BWSSB DEPOSIT CHARGED BY THE SELLER/DEVELOPER ?


ONE OF OUR READER HAS DONE A CALCULATION OF VALUE ADDED TAX, SERVICE TAX, BESCOM DEPOSIT, BWSSB DEPOSIT, LEGAL CHARGES, GENERATOR CHARGES, STAMP DUTY AND REGISTRATION FEES, WHICH WORKS OUT AT OVER 20% OF THE STATED OR QUOTED PRICE OF THE PROPERTY, APART FROM THE CHARGES PAID OR PAYABLE FOR OBTAINING THE BANK LOAN, WHICH … Continue reading DID YOU CHECK AND VERIFY THE VAT TAX, SERVICE TAX, BESCOM DEPOSIT AND BWSSB DEPOSIT CHARGED BY THE SELLER/DEVELOPER ?

AKRAMA-SAKRAMA – GAZETTE NOTIFICATION BY THE URBAN DEVELOPMENT SECRETARIAT ON 28-05-2014- akrama_sakrama_2014-gazette


akrama_sakrama_2014-gazette THE GOVERNMENT OF KARNATAKA HAS ISSUED A GAZETTEE NOTIFICATION OF THE AMENDMENT TO THE KARNATAKA TOWN AND COUNTRY PLANNING(REGULARISATION OF UNAUTHORISED DEVELOPMENT OR CONSTRUCTION)RULE, 2013. THE GAZETTE NOTIFICATION DATED 28-05-2014 akrama_sakrama_2014-gazette akrama_sakrama_2014-gazette

SOME ARGUMENTS , ANSWERS AND COUNTER ARGUMENTS ABOUT THE CLEARING AND DEMOLITION OF ILLEGAL CONSTRUCTION ON THE ENCROACHED LANDS AT BANGALORE


ENCROACHMENT OF LAKE BED CLEARED: A KATHA AND OCCUPANCY CERTIFICATE ISSUED – ISSUE OF A KATHA DOES NOT ENTITLE ANY PERSON TO OBTAIN A KATHA ON MISREPRESENTATION OF FACTS AND THE KATHA AUTOMATICALLY GETS CANCELLED. OCCUPANCY CERTIFICATE IS ISSUED TO THE BUILDINGS WHICH HAVE COMPLIED WITH ALL STATUTORY REQUIREMENTS AND CONSTRUCTED AS PER SANCTIONED PLAN. … Continue reading SOME ARGUMENTS , ANSWERS AND COUNTER ARGUMENTS ABOUT THE CLEARING AND DEMOLITION OF ILLEGAL CONSTRUCTION ON THE ENCROACHED LANDS AT BANGALORE

BUILDERS DENIED BAIL FOR SELLING FLAT ON ILLEGAL FLOOR – A NEWS REPORT


READ: http://articles.timesofindia.indiatimes.com/2013-12-24/mumbai/45538986_1_aftab-manzil-50-lakh-rizwan-merchant ONE OF OUR READER INTIMATED US THAT THE NEWS MAY NOT BE TRUE. HENCE, WE ARE PUBLISHING THIS LINK. PLEASE READ: Builders denied bail for selling flat on illegal floor Shibu Thomas, TNNDec 24, 2013, 02.21AM IST MUMBAI: The Bombay high court has refused to grant bail to two developers who allegedly cheated … Continue reading BUILDERS DENIED BAIL FOR SELLING FLAT ON ILLEGAL FLOOR – A NEWS REPORT

Frequently Asked Questions on Real Estate (Regulation and Development) Bill, 2013


Frequently Asked Questions on Real Estate (Regulation and Development) Bill, 2013   1 Q : Why need for regulation in real estate sector’? Ans:The real estate sector plays a  catalytic role in fulfilling the need and demand for housing and infrastructure in the country. While this sector has grown significantly in recent years, it has … Continue reading Frequently Asked Questions on Real Estate (Regulation and Development) Bill, 2013

Highlights of Companies Bill as passed by Rajya Sabha on August 8, 2013


NEW COMPANIES BILL AS PRESENTED TO THE RAJYA SABHA Disclaimer This document has been prepared on the basis of Companies Bill, 2012 as passed by the Lok Sabha on 18th December, 2012 and as passed by the Rajya Sabha on 08 August , 2013. The author and the publisher do not own the responsibility of … Continue reading Highlights of Companies Bill as passed by Rajya Sabha on August 8, 2013

President of India promulgates the Securities Laws (Amendment) Ordinance 2013


President of India promulgates the Securities Laws (Amendment) Ordinance 2013 The President of India, Shri Pranab Mukherjee has promulgated the Securities Laws (Amendment) Ordinance, 2013 on July 18, 2013.

Features, Benefits & Advantages of Real Estate Bill, 2013 – THE REAL ESTATE(REGULATION AND DEVELOPMENT) BILL, 2013


The Union Government has proposed to bring in a Real Estate Bill to Protect the Interest of the Consumers and Promote Fair Play in Real Estate Transactions and approved THE REAL ESTATE(REGULATION AND DEVELOPMENT) BILL, 2013 The Objectives of the Bill is to provide for a uniform regulatory environment, to protect consumer interests, help speedy … Continue reading Features, Benefits & Advantages of Real Estate Bill, 2013 – THE REAL ESTATE(REGULATION AND DEVELOPMENT) BILL, 2013

BBMP MUNICIPAL TAX FOR THE YEAR 2013-2014


AVAIL 5% REBATE ON THE PAYMENT OF FULL YEAR MUNICIPAL TAXES TO BBMP FOR THE CURRENT YEAR 2013-2014, TILL THE END OF APRIL, 2013.