HOME LOANS AND INSURANCE – WHERE IS THE CATCH !!!


The moment the home loan is sanctioned the borrower is elated as if he got a bumper prize but the truth is that he has entered into an agreement of longstanding labour. Majority of the financial institutions or the managers at the banks or the banks itself will have an INSURANCE POLICY attached to the … Continue reading HOME LOANS AND INSURANCE – WHERE IS THE CATCH !!!

FRAUD AND CHEATING UNDER THE NAME OF CLUBHOUSE MEMBERSHIP, BESCOM DEPOSIT, BWSSB DEPOSIT AND LEGAL CHARGES OR EXPENSES—-CHECK-THE ADDITIONAL EXPENSES AND CHARGES WHILE BUYING A SITE OR APARTMENT


Spicy Ads in newspapers and on the internet and melodious and spicy callers on phone trying to sell/market the properties is the order of the day. Buyers are not aware of the charges, taxes, deposits and other additions to the prices quoted by the sellers/builders and marketing agencies. The following may be the some of … Continue reading FRAUD AND CHEATING UNDER THE NAME OF CLUBHOUSE MEMBERSHIP, BESCOM DEPOSIT, BWSSB DEPOSIT AND LEGAL CHARGES OR EXPENSES—-CHECK-THE ADDITIONAL EXPENSES AND CHARGES WHILE BUYING A SITE OR APARTMENT

DOCUMENTS AND TAXES – GENERAL LIST FOR THE PURCHASE OF PROPERTIES


Transactions in immovable property are carried out by parties in properties containing the following elements: GENERAL REQUIREMENTS (All approvals, NOC, Licenses, Documents, Provisions, Rules, Regulations, Laws, Taxes, Charges, Fees, and Regulations are not applicable to all the properties.  Specific Requirements or eligibility or statutory documents for specific properties.) Generic list OWNERSHIP Original owner. Intermediary owners. … Continue reading DOCUMENTS AND TAXES – GENERAL LIST FOR THE PURCHASE OF PROPERTIES

PROPERTY GUIDANCE VALUE REVISED OR INCREASED IN BANGALORE URBAN AND RURAL DISTRICT WITH 15 DAYS NOTICE TO FILE OBJECTIONS


The State Government has increased the Guidance Value or the Circle Rates or the Market Price of the property in Bangalore Urban, Bangalore Rural District and Ramnagar District with 15 days notice to submit the objections, if any, with supporting documents or evidence. In some areas, the increase is very steep and on an average … Continue reading PROPERTY GUIDANCE VALUE REVISED OR INCREASED IN BANGALORE URBAN AND RURAL DISTRICT WITH 15 DAYS NOTICE TO FILE OBJECTIONS

BMRDA SITES/PROPERTY TAXES


THE TAXES ON PROPERTY ON BMRDA SITES ARE PAYABLE AT THE CONCERNED VILLAGE PANCHAYAT OFFICES SITUATED IN THE RESPECTIVE VILLAGES. IF THE PROPERTY OR LAYOUT IS SITUATED IN THE  AMALGAMATED BBMP VILLAGE LIST,THEN THE TAX IS PAYABLE IN THE BBMP JURISDICTIONAL WARD OFFICES. KATHA MUST BE ISSUED TO ALL BMRDA APPROVED LAYOUT SITES WHICH ARE … Continue reading BMRDA SITES/PROPERTY TAXES