B FORM PROPERTIES


THERE IS HIGH RISK INVOLVED IN BUYING PROPERTIES WITHOUT BBMP KATHA.  PROPERTIES WITH B FORMS MAY HAVE DEFECTS, DISCREPANCIES AND IS IN CONTRAVENTION TO THE PREVAILING MUNICIPAL AND TOWN PLANNING LAWS.  IT IS ISSUED TO PROPERTIES WITH VIOLATION, NON COMPLIANCE AND IS IN CONTRAVENTION TO THE PRESENT STATUTES.

PURCHASERS OF THE PROPERTIES MUST EXERCISE UTMOST CAUTION.  BANK LOANS WILL NOT CONFER THE TITLE NOR KATHA(BBMP LIMITS)

THE HONOURABLE HIGH COURT OF KARNATAKA HAS COME DOWN HEAVILY ON THE OFFICIALS FOR NOT HAVING ACTED ON THE ILLEGAL, UNAUTHORISED BUILDINGS, BUILDINGS WHICH HAVE VIOLATED THE BY LAWS AND BUILDINGS WHICH HAVE BEEN BUILT WITHOUT TOWN PLANNING APPROVALS.

IT IS DANGEROUS TO BUY BUILDINGS WITH DEVIATIONS. THE RBI HAS DIRECTED THE BANKS TO SANCTION LOANS ONLY TO THE BUILDINGS AND PROPERTIES, WHICH ARE BUILT AS PER THE SANCTIONED BUILDING PLAN.

BESCOM AND BWSSB DOES NOT SUPPLY POWER AND WATER TO THE BUILDINGS WHICH ARE BUILT IN CONTRAVENTION TO THE PREVAILING LAWS AND THE BUILDINGS WHICH HAVE DEVIATED/BUILT AGAINST THE BY LAWS OR SANCTIONED BUILDING PLANS.  THE OWNERS/BUILDERS/DEVELOPERS SUBMIT THE SANCTIONED PLAN AND OBTAIN THE POWER AND WATER.  IF AT ANY POINT OF TIME, IF IT IS BROUGHT TO THE NOTICE IN WRITING WITH PROOF AND EVIDENCE, THE SUPPLY WILL BE DISCONNECTED.