Q:Hello Prospective Buyers of Meadows II,- There is a move to merge Meadows (old project) with Meadows II (new Project ) which NCCUIL is proposing and this is legally not feasible. In such an eventuality, your new common facilities like swimming pool, club house etc could be shared by residents of 318 apartments of old project, thus diluting the maintenance apart from fair wear and tear.I am sure that logically no prospective buyers of new project would wish to share their assets with another alien project .Incidentally, both are two independent projects having separate approvals from statutory authorities, registered sale deeds and DOD also specify separate common areas, common assets etc. Also is it not logical to merge a 4 yrs old project with a new project ?. Prospective owners of Meadows II need to ponder to arrive at a logical conclusion.
Latest Answer: A few owners who own in Meadows and have also booked apartment in Meadows II have come up stating that they have nothing in writing from Mktg office to prove that Meadows II will be merged with Meadows. Please ask Marketing office to prove on record that both are combined project. As part of sales pitch they bluff according to the mindset of the customer.When I invested in Meadows I was clearly told that both are two separate projects and since I demanded documentary evidence they produced the same clearly mentioning that Meadows is a project with 4 towers each having 13 floors with 6 apartments in each floor with area of 4 acres and 14 guntas. Our Deed of Declaration which is registered with registrar office Malleaswaram also clearly states that Meadows is a complex with 318 apartments with 4 tower in an area of 4 acres and 14 guntas.
If it was combined project according to Mtg office then why should they send a proposal which is reproduced above ?
Latest Answer: Thanks Indrajit & eco pack india.
Andhra Bank is providing the Home Loan. and builder is providing document of DC certificate and apartment approval is from CMC.
I have another question, is it possible that BBMP include this site later in some years??
Q:We'r three Canadians,father and two grown-up kids.Only father can visit for registration.What is the legal procedure to procure the registration in all three names.Looking for advise from any one .Please respond to this query.Thanks
Q:i am about to purchase land in Sai Serenity, Seagahally, near old madras road, its b khata, not converted.. so, is there any problem purchasing the same? as well can i convert it to a khata after purchase?
Latest Answer: I do not understand the logic of CREDAI forcing the builder to hike the price. Where were they during the promotion stage. I strongly feel we should logde an official complaint with CREDAI and THEN wait for their response.
Q:Hi, what are the documents needed if both applicants need to claim tax benefit on a jointly held property and loan. Is it necessary that these docs be separate for both applicants, or will one doc with the name of both the applicants is sufficient. Besides, is it mandatory that the emis be debited from the accounts of both the applicants. Pl advise, thanks a lot.
Q:I have a query on Occupancy certificate.. For smooth khata transfer, Is the OC for entire building (apartment complex) is sufficient or ? or OC is required for each individual flat?What is the general practice? Does BBMP issue OC only for the building or for each flat?