GENERAL POWER OF ATTORNEY OR SPECIAL POWER OF ATTORNEY – IN THE COURSE OF SALE OF PROPERTY


The GPA or SPA must be registered with the jurisdictional sub-registrar and there is NO IRREVOCABLE POWER OF ATTORNEY, unless consideration or any amount paid to the executant or the principle by the agent or the attorney holder.

The GPA cannot be revoked or withdrawn or cancelled without the repayment of the amount received by the executant or the principle.

The registered GPA can be withdrawn or cancelled or revoked only by the DEED OF REVOCATION or by the decree of a court or by the consent of both the parties.

If the GPA is executed abroad must be validated or stamped by the concerned District Registrars in India, to execute the sale deed of a property.

Caution must be exercised, while, scrutinising the documents regarding the executant, date of execution, age of the parties, signature of the parties and the flow of titles.  If the executant of the principle has expired, then the GPA is not valid or becomes unenforceable.

 

SPECIAL AND ADDITIONAL CRITERIA WHICH WILL ADD THE GUIDELINE VALUE TO PROPERTIES IN BANGALORE FOR REGISTRATION


ADDITIONAL CRITERIA, WHICH WILL INCREASE THE GUIDLINE VALUE/MARKET VALUE/CIRCLE RATES OF THE REGISTRATION VALUE OF THE PROPERTIES IN THE BANGALORE URBAN AND RURAL DISTRICT. (PROVISIONAL)

4. Calculation of valuation in respect of special amenities provided in respect of Apartments/Villas/ Villaments/Tenements/Cluster Houses or Row Houses Etc.,

 

1. For any 5 groups of special amenities No additional increase.

2. For each group of special amenities in additional to 5 groups.

Additional increase of value of 1% on value of Super built area and additional higher floor area for each group of amenities. (Excluding car parking value)

Explanation: for 6 group of amenities 1%, for 7 group of amenities 2%, for 8 group of amenities 3%, for 9 group of amenities 4%, for 10 group of amenities 5%, for 11 group of amenities 6%, for 12 group of amenities 7%, for 13 group of amenities 8%, for 14 group of amenities 9%, and for 15 group of amenities 10% of value of Super built area and additional higher floor area.

3. More than 15 group of amenities Additional increase of maximum 10% on value of Super built area and additional higher floor area.

 

List of 15 Group of Special Amenities Apartments/Villas/Villaments/Tanament/Gated Community Houses.

(Select the facility by underlining the same and put mark in coloumn no 3).

Sl. No. Special Amenities

1 2 3

1. Club house, Community hall, Indoor Amphi Theater, Conference hall, Health club, Temple party hall, Card room, Reading room, library, Banquet hall, Dance & Karaoke hall, party area, party lawn, Carom room.

2. Jogging track, Running track, Cycling track, Walking track, Pebble pathway, Reflexology path

3. Children play area, tot cot, children game area, Garden, Water body, Decorative pool, Plantation Garden, Barbeque pits, crèche, landscape area, fountain.

4. Canteen, Mal, Commercial space, ATM, Bank, Hopcom, Janatha Bazar, Nandini Milk out layout, Provision store, Lounge & Foyer, Cafeteria, Super market, Plaza.

5. All type of outdoor play area, Badminton, Tennis, Basket ball, Volly ball, Base ball, Cricket, Foot ball, Hockey, Golf field.

6. All type of squash, snooker, Table tennis, Indoor games area.                                            7. Swimming pool indoor, Kids pool, wading pool, aqua gym.                                                                       8. Cargo lift, elevator, Mechanical lift for car park

9. Surveillance of common area, smart home, IP door lock, intelligent security, Motion sensor based lighting multi camera security, CCTV, Gated community, Intercom, Visitor Tracking system.

10. Wifi Internet parlor, Video conference facility, Generator, UPS, Solar Power, Solar water heater, Kiosk, Fire fighting, Fire Prevention, Green Building concept low carbon material usage.

11. Helipad.

12. Outdoor Amphitheatre, Open air theatre, Open stage.

13. Health clinic, Ayurvedic parlor, Massage parlour, Beauty parlour, Spa, Aerobics, Yoga meditation, Unisex parlour, Steam & Saun Jacuzzi, Gym, Day care center.

14. Nearness to ring road, Metro station (About 3 kms.)

15. Nearness to Airport, Railway station, Bus station (About 5 kms.)