TDR Scam in BBMP- Some builders may or might or really in trouble!!!!


The recent Transferable Development Right SCAM in BBMP will ultimately affect the innocent property buyers, in fact, majority are APARTMENT BUYERS. The fact is that these BUILDERS have bought the TDR and made good use of it and are constructing or constructed the complexes, may be illegal. It is a long legal battle. The advance… Read More

BANNERGHATTA ROAD, BANGALORE, TO BE WIDENED TO 150 FEET


The state government has decided to increase the width of Bannerghatta Road to 45 metres (147.6 feet), But there are 405 property owners across this stretch, who are not willing to forego their properties,  this has proved to be a double-edged sword: While it is bound to cheer motorists , it would prove to be… Read More

BBMP BANK ACCOUNTS FROZEN BY THE INCOME TAX DEPARTMENT ON MONDAY


The notorious BBMP is in the news again as usual for its mismanagement and non compliance. The income tax department on Monday froze 40 bank accounts of the Bruhat Bangalore Mahanagara Palike (BBMP) for failing to respond to a tax notice of Rs 31.5 crore in connection with transfer development rights (TDR) certificates issued by… Read More