Deal with the best and the reputed Agencies and companies to buy properties- With excellent track recrod & reference without criminal cases and do not go by internet ratings.


BE CAREFUL- THERE ARE VARIOUS TYPES OF AGENTS, BROKERS, MARKETING AGENCIES AND COMPANIES, SELLING OR OFFERING PROPERTIES.

Some are freelance agencies, all are engaged in different forms and names and many have formed illegal syndicates to sell properties.


There are agents, who have close contacts with criminals, approach the buyers, saying that they have the best properties for sale and have contacts with the bank officials, even to get them the attached properties.

Be careful.
Conduct a thorough investigation before negotiating with the agents, brokers and marketing tele callers.

Electronic Media and Internet is infested with huge number of decoys, some claims to be the owners, some GPA Holders, some relatives and there are innumerable type of dummy operators.

Many buyers, have got into this trap and never express their tragedy or dilemma or their problems and loose their hard earned money.

While, buying or even renting, conduct a thorough and diligent enquiry and then proceed as the illegalities cannot be even dream about.

New scam is that the sellers/agents/owners etc., appear and promise everything and provide them with the inspection and the documents, but, in fact, the owner does not even aware of the sale. The Stamps and Registration Department has detected some such transactions and an investigation is underway.

DROP IN THE PRICES OF REAL ESTATE AT BANGALORE


Bangalore was the only city which had stable price in the realty sector over few years, inspite of weakening or soaring prices across the country and the heat is now on Bangalore too !!!

The inventory or the stock of unsold apartments is around 1,50,000 and many resale apartments (both legal and illegal) are doing rounds in the city`s real estate market.

There is large scale of duping, misrepresentation, lies about the projects and  the touts, brokers, marketing agencies and internet websites and portals are projecting the wrong sales figures and prices.

There are internet touts, who form groups on the net about some developer project and praise the developer and their project to market it and there are some different type of internet users, who log on with different names and post favourable replies and reviews about the projects on the net.

Take Care.

AGENTS/BROKERS/MARKETING TEAMS/REAL ESTATE AGENCIES – CHECK BEFORE AVAILING THEIR SERVICES


AGENTS/BROKERS ARE THE MAIN ARTERIES OF THE REAL ESTATE MARKET IN BANGALORE AND THE BUYERS OF PROPERTIES OR LESSEES/LESSORS OF PROPERTIES OR LAND LORDS GENERALLY NEVER CHECK THE BACKGROUND OF THESE PERSONS/GROUPS OR ORGANISATIONS AS SOME OF THEM HAVE CRIMINAL BACKGROUND, NEXUS WITH LANDMAFIA AND EVEN TERROR OUTFITS.

MANY OF THESE AGENTS/BROKERS HAVE POSH OFFICES WITH A FRONT DESK AND SWEET TALKING PERSONS TO TRAP THE BUYERS.

CHECK THEIR BACKGROUND, EDUCATIONAL QUALIFICATION, THEIR PAST PERFORMANCE, PERMISSIONS/LICENSES, REFERENCES AND THEIR EXPERTISE TO DELIVER THE REQUIRED SERVICES BEFORE STEPPING INTO THEIR OFFICES OR DOMAIN OR HANDING OVER THE ASSIGNMENT.

THE BUYERS OR THE LESSEES /LESSORS ASSIGN THE DOCUMENTATION OF THE PROPERTIES LIKE DRAFTING/PREPARATION OF SALE AGREEMENT, GENERAL POWER OF ATTORNEY, SALE DEED AND LEASE DEED ETC INTO THE HANDS OF ILLITERATE, IGNORANT AND DANGEROUS AGENTS, WHO ON THE PRETEXT OF HAVING WIDE CONTACTS, DRAFT THESE DOCUMENTS AT THE RISK OF PERIL TO THE BUYERS OR LESSORS.

CONTRACT OR DOCUMENTATION OF ANY TRANSACTIONS MUST BE DONE WITHIN THE FRAMEWORK OF LAW WITH CLEAR CUT DETAILS AND PREVAILING LAWS.  THE LEGAL DOCUMENTS CANNOT BE GENERALISED, DEPENDS UPON THE NEED AND REQUIREMENTS OF BOTH THE PARTIES, MUST BE CUSTOMISED WITH EXPLICIT DETAILS ABOUT THE PROPERTY/SUBJECT WITH PROPER PREAMBLE OR RECITALS.  IN THE EVENT OF ANY DEFAULT OR DISPUTE, THE DOCUMENTS WILL BE VERY HELPFUL IN THE COURT OF LAW AND MUST BE ELIGIBLE TO BE ADMITTED AS EVIDENCE IN THE COURT.

THE LANDLORDS OF THE BUILDINGS OFFERED FOR LEASE OR SALE,MUST TAKE DUE CARE AND  DILIGENCE WHILE CHOOSING NOT ONLY THE TENANT BUT ALSO THE AGENTS TO PROVIDE SERVICE. 

KATHA – GRAMATHANA KATHA – PANCHAYAT KATHA – FORM NO.1, 9 , 10 AND 11


DO YOU HAVE PROPERTY IN AND AROUND TOWNS AND CITIES ACROSS KARNATAKA?

CHECK FOR THE STATUTORY COMPLIANCE OF THE KATHAS ISSUED IN VARIOUS NAMES AND NUMBERS.

WITH THE RECENT NOTIFICATIONS, IT MAY NOT BE LEGALLY POSSIBLE TO CONVEY OR TRANSFER OR REGISTER THE PROPERTIES WITHOUT PROPER APPROVALS AND DIGITAL E-KATHA.

BEWARE OF TOUTS, LAND MAFIA AND MARKETING COMPANIES.

MAJORITY OF THIS KIND/TYPE OF PROPERTIES CANNOT BE REGULARISED EVEN UNDER THE NOTORIOUS ILLEGAL SCHEME `AKRAMA-SAKRAMA`.

PAY MORE TAXES-:


PAY MORE TAXES -:

FOR THE BENEFIT OF ALL THE GOVERNMENT EMPLOYEES(HEREAFTER, SALARY MUST BE INCREASED MONTHLY BASIS), ALL BUREAUCRATS, AGENTS, BROKERS, INDUSTRIALISTS AND BUSINESSMEN, WHO HAVE COLLUDED WITH BUREAUCRACY, CONTRACTORS (GOVT), ALL AND EVERY POLITICIANS, GOVERNMENT AID BENEFICIARIES, PENSIONERS ETC.,

REVENUE TO THE GOVERNMENT FROM SERVICE TAX IS RS.1,32,000/- CRORES IN 2012-2013.

THE REVENUE FROM SERVICE TAX IN 1994-1995 WAS RS407 CRORES ONLY.

The number of assessees have also gone up by over 400 times during this period.

The total number of taxable services has also increased, from 3 in 1994, to 119 in 2012.