Many Banks and other financial institutions are LENDING OR FINANCING the housing sector and more than 50% are ILLEGAL TRANSACTIONS, lending it to the irregular, illegal and buildings with deviation and violation. Please read through the MASTER CIRCULAR by the RBI. Marketing agencies, agents, brokers, builders, developers, sellers, resellers and owners STATE THAT THE PROJECT … Continue reading MASTER CIRCULAR REGARDING HOUSING LOAN BY BANKS – THE PRESENT PRACTICE OF THE BANKS TO FINANCE ILLEGAL BUILDINGS AND LAYOUTS – ANOTHER SCAM – FINANCING ILLEGAL STRUCTURES OR BUILDINGS
Every day the buyers are fleeced to buy properties and there are any numbers of websites or agencies or internet marketing sites, developers, builders, owners, and agents offering and arranging for 1). FREE SITE VISIT OR PROPERTY VISIT, 2). FREE PICK UP AND DROP, 3). LUNCH AND DINNER (In some cases), 4). MARKETING EXPERTS VISITING BUYERS AT … Continue reading PROPERTY SHOWS-MELAS-EXHIBITIONS-PROPERTY EXPO ?????
A PRESS REPORT - M/s Vakil Housing Development Corporation Private Limited, No. 78, Koramangala, Industrial Area, Jyothi Nivas College Road, Bangalore-560 095, formed a layout named VAKIL ENCASA, At Rajapura Village, Jigani Hobli, Anekal Taluk, Bangalore Urban District and sold SITES AND VILLAS in survey No.143/1, 143/2, 144, 144/1, 145, 146/1, 146/2, 147, 153/1, 153/2 … Continue reading ENCROACHMENT OF GOVERNMENT LANDS AND LAKES BY VAKIL HOUSING DEVELOPMENT CORPORATION FORMED IN RAJAPURA VILLAGE RECOVERED
THE STAMPS AND REGISTRATION DEPARTMENT HAS DETECTED TAX EVASION IN THE JOINT DEVELOPMENT AGREEMENTS EXECUTED BETWEEN THE LAND LORD AND THE DEVELOPERS AND BUILDERS AND HAS REOPENED THE FILES BY ISSUING NOTICES TO THE CONCERNED LANDLORDS AND THE BUILDERS/DEVELOPERS.IT IS FELT THAT THE DUTY LIABILITY ALONG WITH THE FINE WILL BE IN TUNE OF CRORES … Continue reading JOINT DEVELOPMENT AGREEMENTS EXECUTED FOR APARTMENTS AND LAYOUTS – UNDER REVISION – STAMPS AND REGISTRATION DEPARTMENT –
Mr.Prasad- A Reader- views about Akrama-Sakrama Submitted on 2013/06/16 at 4:24 pm The morality of Aakrama Sakrama Is it right for the Government to legalize what is essentially illegal by levying a penalty? A few points for the the Public and the Government to consider: 1. Going by the prevailing law of the land, Akrama … Continue reading Mr.Prasad- A Reader- views about Akrama-Sakrama
It is advised to conduct a thorough scrutiny/examination of the property documents, licenses, approvals, katha and related clearances from an expert advocate, before entering into an agreement of sale. The Sale Agreement and The Sale Deed are very important documents, which must be drafted with utmost care and all relevant details regarding the acquisition of … Continue reading WHY SCRUTINY AND EXAMINATION OF PROPERTY DOCUMENTS AND VERIFICATION OF THE TITLES REQURIED?
ONE SIDED AGREEMENTS-UNFAIR AGREEMENTS-BIASED AGREEMENTS, ILLEGAL AGREEMENTS, UNFAIR CLAUSES - BY DEVELOPERS AND BUILDERS IS YOUR BUILDER/DEVELOPER/MARKETING AGENCY COMPELLING YOU TO SIGN OR ENTER INTO SALE AGREEMENTS ON CERTAIN CLAUSES WHICH ARE AGAINST YOUR INTERESTS OR IN FAVOUR OF THE DEVELOPER OR UNFAIR OR ONE SIDED AGREEMENTS OR THE BUILDER DOES NOT AGREE TO MODIFY … Continue reading SALE AGREEMENTS