Regularisation of properties within BDA jurisdiction-Old Wine in New Bottle


The present Government in karnataka has proposed a regularisation scheme of properties within BDA ambit, which includes, properties, (some or few) which had been notified for acquisition, but could not take possession, buildings with violations and buildings without approved building plan. It is said that there are over 75,000 such properties in BDA layout. It… Read More

LAYOUTS FORMED BY BDA IN THE LAKES OF BANGALORE MIGHT BE REGULARISED SOON – ENJOY LITIGATION


THE CHIEF MINISTER OF KARNATAKA SRI.SIDDARAMAIAH HAS THROWN A BAIT TO OVER 65000 SITE/HOUSE OWNERS, WHO HAVE BUILT HOUSES ON THESE LAKES, WHICH HAD BEEN ALLOTTED TO THEM BY THE BDA. THIS MAY LEAD TO A WIDE RANGING LEGAL TUSSLE AS THE GOVERNMENT IS EVICTING THE ILLEGAL OCCUPANTS ON THE LAKE BEDS AND OTHER GOVERNMENT… Read More

AKRAMA – SAKRAMA IN THE HIGH COURT


A mail by one of the reader Mr.Ramaswamy, his views on the akrama-sakrama scheme IT MAY BE VERY DIFFICULT TO GET THE `CLEARANCE` FROM THE HIGH COURT FOR THIS SCHEME. THE COURT IS ON VACATION AND BY THE BEGINNING OF JUNE, 2014, THE CASE MAY BE HEARD, BUT AS OF NOW, THERE ARE TOO MANY… Read More

REGULARISATION OF ILLEGAL PROPERTIES/UNAUTHORISED LAYOUTS AND SITES


IT IS RELIABLY LEARNT THAT THE GOVERNMENT OF KARNATAKA IS SERIOUS ABOUT REGULARISING THE ILLEGALITIES IN THE BUILDINGS/LAYOUTS/SITES IN THE URBAN AREAS OF THE STATE AND IS EXAMINING ALL THE PROS AND CONS AND PREPARING A DRAFT OF MODEL RULES AND REGULATIONS TO BE FOLLOWED AND IT WILL BE AMENDED SOON.  THIS WILL BE A… Read More

Delhi High Court Order and the RBI Directions.


RBI/ 2009-10/75 DBOD. No.DIR. (HSG). BC.08 /08.12.01/2009-10 July 1, 2009 09 Aashada , 1931 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Master Circular on HOUSING FINANCE. Clause 12 clearly directs and specifies that OCCUPANCY CERTIFICATE must be obtained from the concerned authorities. Otherwise, the home loans sanctioned MUST BE RECALLED WITH CHARGES. 12.… Read More