THE STAMP DUTY IS 5.6% ON THE GUIDANCE VALUE OR THE MARKET VALUE OR THE CONSIDERATION SHOWN IN THE DOCUMENT- WHICHEVER IS HIGHER. IT IS APPLICABLE FOR BBMP LIMITS PROPERTY. THE REGISTRATION FEE IS 1% ON THE GUIDANCE VALUE OR THE MARKET VALUE OR THE CONSIDERATION SHOWN IN THE DOCUMENT- WHICHEVER IS HIGHER. IT IS APPLICABLE … Continue reading PROPERTY REGISTRATION CHARGES AT BANGALORE
IT HAS BEEN BROUGHT TO OUR NOTICE THAT THE KATHAS (INDIVIDUAL SITES WITH DETAILS IN SQUARE FEET)FOR THE PROPERTIES WHICH ARE DC CONVERTED AND HAD FORM NO.9 AND FORM NO.10, CMC KATHAS, IN DC CONVERTED AREAS AND OLD CMC AREAS (INDIVIDUAL SITES AND APARTMENTS,CMC/FORM NO.9 AND FORM NO.10.KATHA) MIGHT PAY THE IMPROVEMENT CHARGES (SITES ONLY)TO … Continue reading BBMP KATHA
Views of Mr.Prasad. One of the reader. B khata is bogus. BBMP is bogus. The only thing that is real is the money you pay to get this bogus piece of paper that is issued by a bogus organization. The architect of this bogus scheme is the government of the day from the top … Continue reading REVENUE SITES- ONE OF THE READER`S VIEWS
What is RTC or pahani ? RTC – Right, Title and Crop details are recorded in the revenue records of the Government and is a very important revenue record and it contains details of land such as owners' details, area, assessment, water rate, soil type, nature of possession of the Land, Liabilities, Tenancy and Crops … Continue reading REVENUE RECORDS IN AGRICULTURE LANDS AND REVENUE SITES – RTC AND MUTATION
THE CENTRAL CRIME BRANCH, BANGALORE HAVE ARRESTED A SUSPECTED FORGER AND FRAUD IN THIPPASANDRA WHO HAD FAKED THE SIGNATURE AND SEALS OF THE BBMP OFFICIALS AND FABRICATED FAKE/ILLEGAL BUILDING PLANS, OCCUPANCY CERTIFICATES/BBMP RECEIPTS. THE CCB HAVE SIEZED 41 SEALS AND RUBBER STAMPS OF VARTHUR PANCHAYATH AND OTHER OFFICIALS.
THE AKRAMA -SAKRMA SCHEME AND THE PROPOSED REGULARISATION OF REVENUE SITES BY THE BBMP WILL THROW IN LARGE NUMBER OF PROPERTIES FOR SALE AND THE MARKET MIGHT REACT WITH A DEPRESSING NOTE FOR SUCH SUPPLY AND HENCE THE PRICES MIGHT GET SHOCKING JOLT(REDUCTION IN PRICES) IS EXPECTED BY THE INVESTORS.
Though the Government resolved and amended the KLR Act to empower the BBMP to regularise the revenue properties collect the penalty, the appropriate order could not be enforced due to various political and legal compulsions. More than 20% to 30% of these revenue properties cannot be regularised as they are in green belt, on raja … Continue reading Regularisation of Revenue Sites within BBMP limits ?
THE BBMP IS ISSUING` B` FORMS OR( B) KATHA AS IS GENERALLY CALLED IS JUST A FORM CREATED UNDER THE 2008, TAXATION RULE, WHICH WILL NOT CONFER ANY RIGHT, TITLE AND INTEREST ON THE HOLDER. AN ENTRY IN THE REGISTER OF TAXES WILL BE MADE UPON PAYMENT OF TAXES AND THIS FORM IS ISSUED. THIS … Continue reading B KATHA OR B FORM IN BBMP LIMITS