IT HAS BEEN WIDELY REPORTED THAT THE COMMERCIAL TAXES DEPARTMENT HAS INITIATED PROCEEDINGS AGAINST THE REALTY MAJOR `xxxxx` AT BANGALORE FOR THE RECOVERY OF TAXES ON ITS PROJECTS ON DEVANAHALLY ROAD AND OTHER AREAS.
AS REPORTED EARLIER, NOTICES HAD BEEN ISSUED TO FEW REAL ESTATE COMPANIES IN BEGUR, BANNERGATTA ROAD AND THE DEPARTMENT IS INVESTIGATING INTO THE AFFAIRS OF THE OTHER DEVELOPERS, WHO HAD MANIPULATED THE ACCOUNTS TO EVADE VALUE ADDED TAXES.
ANOTHER MAJOR REAL ESTATE COMPANY WHICH HAD BEEN SLAPPED WITH A NOTICE OF ABOUT RS10 CRORES BY THE DEPARTMENT, MAY SEIZE/ATTACH THE BANK ACCOUNT SOON.
WE HAD PUBLISHED A “WARNING ARTICLE” IN OUR BLOG FEW WEEKS AGO WARNING THE BUYERS ABOUT THE ENCROACHMENT, DISCREPANCY AND ILLEGALITIES.
FEW DAYS AGO, THE DISTRICT ADMINISTRATION HAS RECOVERED AND CLEARED THE ENCROCHAMENT IN BANNERGATTA ROAD OF AROUND 35 ACRES AND CLEARED/DEMOLISHED THE ILLEGAL AND UNAUTHORISED LAYOUT FORMED BY LAND MAFIA/GOONS.
THIS RECOVERY AND THE DEMOLITION OF ILLEGAL AND UNAUTHORISED LAYOUTS WILL CONTINUE.
BEWARE AND THOROUGHLY CHECK ALL THE DOCUMENTS OF THE PROPERTY BEFORE THE PURCHASE.
LAND MAFIA AND CRIMINAL DEVELOPERS ARE TEMPTING THE POOR AND UNEDUCATEDS BY OFFERING THEM THESE SITES AT LOW PRICES AND THE LOCAL POLITICIANS ENCOURAGE THEM TO SELL IN THEIR AREAS AND EVEN THE WELL EDUCATED ARE FALLING PREY FOR SUCH PROPERTIES BECAUSE OF THE TEMPTING PRICES.
WATCH OUT –
FRAUD DEVELOPER – FAKE DOCUMENTS – SALE OF SITES IN ILLEGAL LAYOUT – GOVERNMENT RECOVERS LAND – KOMMAGATTA – BANGALORE NORTH – BANGALORE SOUTH – OVER 77 ACRES RECOVERED AND APPROXIMATELY 1000 SITES – ILLEGAL – GONE AND GONE FOREVER –
FEW DEVELOPERS WHO ARE ABSCONDING AND FEW OTHERS WHO ARE CAUGHT MIGHT APPROACH THE COURT TO SATISFY THE SITE OWNERS THAT THE SUBJECT IS IN THE COURT, ULTIMATELY, THESE SITE (ILLEGAL) OWNERS WILL GET `NOTHING`, ADDITIONAL EXPENDITURE TOWARDS LEGAL EXPENSES.
THE BEST PART OF THIS DEAL IS SOME OF THE PROPERTIES HAVE THE NOTORIOUS `A`KATHA, OBTAINED BY MISREPRESENTATION OF FACTS.
A KATHA OBTAINED BY MISREPRESENTATION OF FACTS WILL AUTOMATICALLY GETS CANCELLED, IF IT IS FOUND. CHECK BEFORE THE PURCHASE.
ENCROACHMENT OF RAJA KALUVE AND ITS AFTER EFFECTS AT ARKERE, BANNERGATTA ROAD
The recent rain brought with it the misery of overflowing stench from arkere lake, bannergatta road for more than 250 houses close to Arkere lake and surrounding areas of Shantiniketan, R.R. Layout, Vysya Bank Colony, Harali Sringeri Nagar and Saraswatipuram.
According to BBMP & BDA officials, a raja kaluve that must be around 8 meters wide or 30 feet wide has narrowed down to 2.5 meter wide passed through this locality and bannergatta road. The illegal encroachment/enroachers (are) is the culprit behind the flooding of these areas.
The BBMP must restore the actual size of the raja kaluve to 8 meters to 10 meters (or a minimum 30 feet)all along to prevent such hazards during rainy season.
BDA Commissioner T. Sham Bhat attributed the flooding to the narrowed raja kaluve. “The problem was caused because the raja kaluve was narrowed down from 8 m to 2 m. As a result, the water overflowed from the drain and entered residential areas,” he said.