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06-03-2012 00:19
http://www.mybdasites.com/viewtopic.php?f=33&t=187
K.R.Puram Hobli I want to understand more on what does this means. Office of the Deupty Commissioner has converted the land Mahadevapura CMC has issued khath & approved the building plans. Developer was heard by the Authority Sub-comittee for unathorised layout in its meeting held on 24-01-2006 has dicided to demolish the unauthoised layout. Hari Posts: 30 Joined: 03 Jun 2009, 18:22 Top
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06-03-2012 00:19
http://www.mybdasites.com/viewtopic.php?f=33&t=187
The issues starting from the sale deed, the dream meadows developers i e Aditya developers are already in the blacklisted ( you can check u r doc links) , they have done multiple cheating in that layout, i personally feel that even after the regularisation the sale won;t be easily possible due to land conversion issues, the land is not bought properly from the old owners, lot of owners will show that they have khatha and if you go and check at mahadevpura office they will clearly tell that they have never issued any khata. So what i felt is lot of current owners have been cheated by agents and they have given fake khatha . The developers have sold all the common areas and now no body has any clue on what is legal property. I checked with banks like SBI ,HDFC and they refused to give loans . With all these issues , i felt it is not even worth taking risk, with BBMP taking over you will soon notice that either politicians will take control over the prime land or else BBMP will go with some park/ other civic amenities in that place. Regards Hari Krishnan Hari Posts: 30 Joined: 03 Jun 2009, 18:22 Top
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06-03-2012 00:19
http://www.mybdasites.com/viewtopic.php?f=33&t=187
Yes i was in touch with direct owner , . The plot which i was looking was bigger one 5000 sqft ( 50 * 80) , the owner name was Dinesh. I lost his contact no , but you can easily search in the internet to get his no's. He had posted couple of ads in our earlier MSN groups. Smaller plots are being sold for around 1800/- .I had contacted one owner seeing ad in TImes of India they had 3000 sqft plot and had asked for 1800/- . There is lot of agents who deal in the layout, one common agent is SHalabh , he deals with Dream meadows layout but the guy always jacks up the price to around ~ 2000.Shalabh only got all the fake khatha and document for dinesh, i felt the owner is simple guy he is trapped and wants to escape from the mess. I had to shell 5 k but i learned a lot after this , starting from what all documents is needed etc. There is even Nexus between agents , banks etc . Simple Few tips 1.Always go and verify the documents by lawyer, preferably lawyers attached to govt banks. Cost will start from 1500/- to 5 k 2.Go to BBMP office and verify the Khatha and document directly, some times the private banks may pass the loan for land but when you start construction you will end up in lot of issues. 3.Only pay any token money after the legal approval is ready. 4.Prefer public sector bank, on a long run it will be cheaper .Generally when the rates go down, private banks doesn't reduce rates too fastly , public sector do it.Similarly when the interest rates go up private banks will never delay it. Hari Posts: 30 Joined: 03 Jun 2009, 18:22 Top
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06-03-2012 00:19
http://www.mybdasites.com/viewtopic.php?f=33&t=187
Its true that Dream Meadows layout is illegal. They dont have Khata and they all have fake documents. You can look at Shriram Samskruti Layout which is inside Dream meadows which is legal. Cheers Rahul rahuljay2k9 Posts: 1 Joined: 05 Mar 2010, 14:31 Top
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06-03-2012 00:19
http://www.mybdasites.com/viewtopic.php?f=33&t=187
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06-03-2012 00:19
http://www.mybdasites.com/viewtopic.php?f=33&t=187
79 by leelapk 02 Jan 2012, 14:02 Zenon Lake meadows in BMRDA Approved 0 338 by ashoknp 26 Apr 2011, 21:18 ferns cascading meadows in Site wanted 0 117 by leelapk 02 Jan 2012, 17:36
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06-03-2012 00:19