There is hope for the investors of Dreamz, TGS and Gruhakalyan developers from the Government


The Assistant Commissioner, Bangalore South has notified few properties which had been bought by the aforesaid groups and might be examining the JDA, MOU and other such contracts entered into by them to initiate appropriate legal action and recover the monies to repay the investors and depositors. It is a long legal journey as majority … Continue reading There is hope for the investors of Dreamz, TGS and Gruhakalyan developers from the Government

FRDI BILL 2017 – A LOOK INTO THE SECURITY OF COMMON MAN`S DEPOSITS!! FRDI contemplating increase in deposit insurance cover from Rs.1 lakh to Rs.3.5 lakhs: Report


FRDI BILL 2017 A LOOK INTO THE SECURITY OF COMMON MAN`S DEPOSITS!! Though the bill has been sent to the joint parliamentary committee, which is studying the bill and is expected to submit its report in the winter session, some media reports fuelled by social media messages are causing panic among investors and depositors. But … Continue reading FRDI BILL 2017 – A LOOK INTO THE SECURITY OF COMMON MAN`S DEPOSITS!! FRDI contemplating increase in deposit insurance cover from Rs.1 lakh to Rs.3.5 lakhs: Report

High Court of Karnataka Quashes the LAND ACQUIRED BY KRISHNAPPA FOR BANGALORE CITY CO-OPERATIVE HOUSING SOCIETY AT VAJARAHALLY-KANAKAPURA ROAD-


The High Court of Karnataka has allowed the appeal by Seetharam and others of Thalagattapura, regarding the illegalities and the validity of the land acquisition by One Krishnappa and Rajendra Enterprises and directed the present owners to return 189 Acres of land to the original owners with immediate Effect, but, since, a layout has been … Continue reading High Court of Karnataka Quashes the LAND ACQUIRED BY KRISHNAPPA FOR BANGALORE CITY CO-OPERATIVE HOUSING SOCIETY AT VAJARAHALLY-KANAKAPURA ROAD-

DO NOT BUY PROPERTIES WHICH HAVE BENAMI TAG-EVEN IF HAS CHANGED MANY HANDS AND THE PRESENT OWNER IS CLEAN AND TITLES ARE CLEAR – A PRESS REPORT – AN ADVICE


A Press report on the purchase Benami Properties and its consequences. Even though, the present seller may not be the original BENAMIDAR, but, if the property has tabs, tags, links, precedence, connection, transaction and illegalities, BENAMIDAR OR if it is a benami property, DO NOT BUY IT. A Chartered Accountant during the course of a … Continue reading DO NOT BUY PROPERTIES WHICH HAVE BENAMI TAG-EVEN IF HAS CHANGED MANY HANDS AND THE PRESENT OWNER IS CLEAN AND TITLES ARE CLEAR – A PRESS REPORT – AN ADVICE

PRESTIGE GETS THE BAD TASTE FOR ENCROACHMENT INDUSTRIAL LAND – SOLD BY JOY ICE CREAM – ENJOY


THE DISTRICT ADMINISTRATION HAS FINALLY FLOGGED THE HIGH AND MIGHTY-THE CREDAI`S NOTED BUILDER FOR HAVING BOUGHT THE INDUSTRIAL LAND FROM JOY ICE CREAMS VIOLATING THE ALLOTMENT AND SALE DEED CONDITIONS AND TRIED TO OBTAIN THE BUILDING PLAN AT SURVEY NO.42,PATTANDUR AGRAHARA, WHITEFIELD, BANGALORE. THE STATE ADMINISTRATION HAS DONE A MARVELLOUS JOB IN RECOVERING A HIGHLY … Continue reading PRESTIGE GETS THE BAD TASTE FOR ENCROACHMENT INDUSTRIAL LAND – SOLD BY JOY ICE CREAM – ENJOY

Gramathana Sites/Properties – an update on form 11-A(panchayat katha)


The Government of Karnataka has issued another directive to the PDO regarding the collection of charges and taxes from the local UNATUHROISED OR IRREGULAR PROPERTY owners within the panchayat jurisdiction(village), the properties, the usage of which are not changed and not approved by the appropriate jurisdictional authorities. The notification issued dated 21-01-2014 directs the PDO … Continue reading Gramathana Sites/Properties – an update on form 11-A(panchayat katha)