MANYATA TECH PARK IS IN NEWS AGAIN FOR NON PAYMENT OF TAXES


It has become a fad for the developers and builders for not making (paying)the municipal and other taxes to the local authorities and in one such an instance, the BBMP has issued a notice to the Manyata Tech Park management (managed by a politician in power) to pay the revised taxes and as usual, the … Continue reading MANYATA TECH PARK IS IN NEWS AGAIN FOR NON PAYMENT OF TAXES

DEMOLITION, RECOVERY, ENCROACHMENT, A KATHA, B KATHA, E KATHA, NO KATHA ETC


WAY BACK IN 1960`S TO 1980`S, THE PROPERTY PURCHASE WAS USUALLY DONE THROUGH KNOWN PERSONS OR CHANNELS OR NEIGHBOURS AND THERE WAS NOT MUCH OF "HOME LOANS" AT BANGALORE AND DUE TO THE SUDDEN DEVELOPMENT, THE PRICES SPIRALLED AND THE TOUTS STARTED THE MISCHIEF WITH MANIPULATED-FAKE-BOGUS-WRONG REPRESENTATIONS-FACTS OF THE PROPERTY CONCEALED- TO MAKE MORE MONEY. … Continue reading DEMOLITION, RECOVERY, ENCROACHMENT, A KATHA, B KATHA, E KATHA, NO KATHA ETC

GOVERNMENT ALL SET TO RECOVER 2.39 ACRES OF PRIME PROPERTY JAYANAGAR 1ST BLOCK, (LAL BAGH SIDDAPURA) NURSERY LAND


IT IS LEARNT THAT CHIEF MINISTER SIDDARAMAIAH HAS DIRECTED THE URBAN DEVELOPMENT DEPARTMENT TO LOOK INTO THE ALLEGED DENOTIFICATION OF 2 ACRES 39 GUNTAS OF PRIME PROPERTY, WHICH WAS LEFT OUT FOR THE NURSERY(PLANT) AT LAL BAGH SIDDAPURA, JAYANAGAR 1ST BLOCK, BANGALORE-560 011, NEAR 5TH CROSS, 5TH MAIN, 1ST BLOCK JAYANAGAR, BANGALORE, ALLEGED TO HAVE … Continue reading GOVERNMENT ALL SET TO RECOVER 2.39 ACRES OF PRIME PROPERTY JAYANAGAR 1ST BLOCK, (LAL BAGH SIDDAPURA) NURSERY LAND

BUYERS OF PROPERTIES ARE TAKEN FOR A RIDE BY BUILDERS/DEVELOPERS/SELLERS


THE BUILDERS/DEVELOPERS/SELLERS HAVE A CLEAR CUT STRATEGY.  IT IS A CLEAR CUT CASE, WHERE THE TITLES ARE DISPUTED OR HAVE DISCREPANCY OR THERE ARE ORIGINAL AND GENUINE CLAIMS AGAINST THE PROPERTY.  THE DEVELOPERS BUY IT OR ENTER INTO A JOINT DEVELOPMENT AGREEMENT KNOWINGLY WELL AND OFFER THESE PROPERTIES AT ATTRACTIVE PRICES AS `PRE LAUNCH OFFER`. … Continue reading BUYERS OF PROPERTIES ARE TAKEN FOR A RIDE BY BUILDERS/DEVELOPERS/SELLERS

ILLEGAL AND UNAUTHORISED LAYOUTS IN BANGALORE SOUTH IN DOCKS


AN UNAUTHORISED LAYOUT AND ILLEGAL LAYOUT FORMED IN GREEN BELT WAS ORDERED TO BE DEMOLISHED BY THE THASILDAR, BANGALORE SOUTH WAS STAYED BY THE HIGH COURT OF KARNATAKA, BUT NOT FOR LONG. A STAY WAS BROUGHT AND THE SITE OWNERS CAN HEAVE A SIGH OF RELIEF BUT THE GOVERNMENT CANNOT REGULARISE IT AND A LONG … Continue reading ILLEGAL AND UNAUTHORISED LAYOUTS IN BANGALORE SOUTH IN DOCKS

JOINT DEVELOPMENT AGREEMENTS EXECUTED FOR APARTMENTS AND LAYOUTS – UNDER REVISION – STAMPS AND REGISTRATION DEPARTMENT –


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 –

ENCROACHMENT OF RAJA KALUVE IN MUNNEKOLALA – VARTHUR HOBLI – BANGALORE EAST TALUK


THE BANGALORE METROPOLITAN TASK FORCE HAS DETECTED THE ENCROACHMENT OF 18 GUNTAS OF RAJA KALUVE IN SURVEY NO.111/2, MUNNEKOLALA ADJOINING THE PROPERTY OF MR.HEMA REDDY, HAVING AN EXTENT OF 1 ACRE AND 38 GUNTAS BY ONE OF THE BUILDERS IN COLLUSION WITH THE TOWN PLANNING DEPARTMENT OF MAHADEVPURA ZONE AND OBTAINED THE SANCTION FOR THE … Continue reading ENCROACHMENT OF RAJA KALUVE IN MUNNEKOLALA – VARTHUR HOBLI – BANGALORE EAST TALUK