Tag: bank loan

Draft of the Affidavit might have been submitted to the Bank

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 →

Resale Apartments and Resale sites – is it safe? Maja Talkies apartment stories!!!

There are many apartments which are for resale, financed by Banks and marketed on internet and through agents. The buyers of properties are under MISCONCEPTION that the titles are good and there is no need to check the titles and buy it without proper and due diligent scrutiny. Some financial institutions, learning upon the defaulting … Continue reading Resale Apartments and Resale sites – is it safe? Maja Talkies apartment stories!!! →

DEMOLITION – MORE TO COME

SE (ASUBH) was very notorious for its illegality and irregularities.  There is more to come in that area, as many have encroached the KALU DAARI AND BANDI DAARI.  This encroachment had been noticed and complained to the authorities.  Someday, they will wake up and reclaim this.  There are A katha sites, still available in SE. … Continue reading DEMOLITION – MORE TO COME →

REGISTRATION VALUE OR THE GUIDANCE VALUE OF THE PROPERTIES REGISTERED – TAX EVASION – PENALTIES – TAX EVADERS GOT RED HANDED – RBI -INCOME TAX DEPARTMENT – STAMPS AND REGISTRATION DEPARTMENT – STAMP DUTY EVASION – PENALTY – 10 TIMES THE TAXES EVADED

In a bid to reduce or evade the stamp duty at the time of registration, the buyers and the sellers of the properties, have not SHOWN  the real sale price or consideration in the registered sale deed, but 90% of the buyers have borrowed money or availed institutional finance under HOME LOAN scheme, have falsified … Continue reading REGISTRATION VALUE OR THE GUIDANCE VALUE OF THE PROPERTIES REGISTERED – TAX EVASION – PENALTIES – TAX EVADERS GOT RED HANDED – RBI -INCOME TAX DEPARTMENT – STAMPS AND REGISTRATION DEPARTMENT – STAMP DUTY EVASION – PENALTY – 10 TIMES THE TAXES EVADED →

BDA-WARNING NOTICE – SALE OF PROPERTY IN HAL LAYOUT

  DURING THE COURSE OF OUR VERIFICATION, WE HAVE FOUND OUT MANY SUCH DIFFERENT SCAMS AND CHEATING CASES WITH CLEAR INVOLVEMENT OF MANY FINANCIAL INSTITUTIONS. BBMP, IN MANY CASES HAD ISSUED KATHAS FOR SUCH PROPERTIES. THESE TYPES OF ILLEGAL PROPERTIES EXISTS AND BEING TRANSACTED AND REGISTERED. THE MODUS OPERANDI IS AS UNDER: THE BUYER APPROACHES … Continue reading BDA-WARNING NOTICE – SALE OF PROPERTY IN HAL LAYOUT →