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 DRAWN LEGAL BATTLE ENSUE AND THE ILLEGAL SITE OWNERS CAN NEITHER SELL NOR CONSTRUCT NOR MORTGAGE THESE PROPERTIES.

IT IS SAID THAT THERE ARE OVER FEW HUNDRED SUCH ILLEGAL LAYOUTS IN THIS AREA, WHICH DOES NOT HAVE CLEAR TITLES. SOME SITES ARE FORMED IN GOVERNMENT LANDS, BUT THEY HAVE TO GO-GO.  THE LAND MAFIA/ROGUE BUILDERS ARE VERY STRONG IN THIS AREA.

THIS ROGUE BUILDERS AND DEVELOPERS ALSO PROMISE HOME LOANS FROM 00000000000000 FINANCIAL INSTITUTIONS AND ALSO REGISTER THESE PROPERTIES (TOTALLY ILLEGAL WITH FAKE DOCUMENTS AND MISREPRESENTATION OF FACTS) WITH THE CONNIVANCE OF THE REVENUE AUTHORITIES AND THE SUB – REGISTRARS.

ONE NOTORIOUS BUILDER HAS OBTAINED A KATHA IN BBMP BY PAYING BETTERMENT CHARGES FOR A NON – EXSISTANT(FAKE DOCUMENT) DOCUMENT AND SELLING THE PROPERTY. THIS BAD COMPANY HAS ALREADY SOLD FEW SITES.

7 year jail term proposed for wrong or false information for property registration in Madhya Pradesh


The state government of Madhya Pradesh will soon bring amendments in the Registration of Property Act to ensure 7-year jail for those who give false information for property registration, said a news report.
The proposal will be sent to president for ratification. If any information is found wrong during registration of property, then registrar or the deputy registrar can file FIR against the accused.
The punishment may lead to both jail term and fine. The wrong information includes registering commercial land as residential, giving false map, providing false documents.
State Finance Minister Jayant Malaiya said that the proposal is being sent to Centre for necessary permission and will be implemented strictly.

COMPUTERISED E-FORM NO.9 AND 11 AVAILABLE FOR GENUINE PROPERTIES


THE GOVERNMENT OF KARNATAKA HAS BEGUN ISSUING THE COMPUTER GENERATED E-KATHA/FORM NO.9 AND FORM NO.11 WITH THE STATE EMBLEM AND SECURITY MARK, WITH THE PHOTO, ADDRESS PROOF AND THE PROPERTY NUMBER AND DETAILS TO THE PROPERTY OWNERS, WITH DIGITAL SIGNATURE OF THE PDO AND THUS ENSURING GENUINE AND AUTHENTIC FORMS !!

THESE FORMS ARE MANDATORY FOR THE REGISTRATION OF SITES IN PANCHAYAT/BMRDA/CMC LIMITS.

BANGALORE PROPERTY REGISTRATION VALUES


THE REVISED CIRCLE RATES/MARKET RATE/GUIDANCE VALUE FIXED BY THE VALUATION COMMITTEE WILL BE EFFECTIVE FROM 08-08-2013.

THE NEW PROPERTY VALUES WILL FORM THE BASIS FOR THE CALCULATION AND PAYMENT OF STAMP DUTY AND REGISTRATION FEE AT THE TIME OF REGISTRATION.  THIS GUIDANCE VALUE IS THE FAIR MARKET VALUE AS PER THE FINANCE ACT AND IT WILL BE CONSIDERED AS THE PROPERTY VALUE BY THE INCOME TAX DEPARTMENT FOR ITS EVALUATION AT THE TIME OF ASSESSMENT.