Please provide me with some insights with the reallocation problem as I am first time buyer.

Q: Hi, I have narrowed a BDA site in Koramangala. Initially it was alloted in 1984 and the title owner sold in 1986. Later on government took the plot for road widening and they realloted another plot within Koramangala during 2011. Now they are selling this property. Can I purchase this? What are the important documents I need to validate? I'm a first time buyer and dont have prior experience or learnings. Would be really great. if CF helps me in providing some insights.

Karthik, Apartment Resident

14th November 2011

Investment Advice in Bangalore

Follow Discussion

Also see discussions for

Bangalore Investment Advice Investment Advice in Bangalore

Replies (3)

Hi Karthik, I do not think if you consult with the BDA they will come up with the answer as they are Govt authorities and you have to make hundreds of rounds around their office to get an answer. Its better to hire a lawyer if you do not get your answer by yourself. You can know the guidance value of the plot by consulting with the registering officer who registered the plot. I would say get all the possible information about the plot.

Rakesh, Bangalore

15th November 2011

Comment

Hi Rakesh, Thank you so much for your response. Is is good enough to validate through a civil lawer or need to check with BDA reps? Also, where can I find the guidance value of this plot? This is the only site vacant in that entire road (~ 20 house) and do i need to be extra cautious?

Karthik, Apartment Resident

14th November 2011

Comment

Hi Karthik,
As this is an old property you need to look for all the documents since its commencement till completion. As the Government took over the property for road widening and you are getting it now, please check with the sqft area and do pay whatever is needed. You can purchase it as it is BDA approved but do check for the area you need. Important documents to look for are title insurance, registration paper, whether stamp duty paid or not, debt free or not, free from disputes or not, etc. Please consult with a realtor before buying it.

Rakesh, Bangalore

14th November 2011

Comment

Hi Rakesh, Thank you so much for your response. Is is good enough to validate through a civil lawer or need to check with BDA reps? This is the only site vacant in that entire road (~ 20 house) and do i need to be extra cautious?

Karthik, Apartment Resident

14th November 2011

Ask a Question

Related Forum Discussions

WHATSAPP 00971582797025 ORIGINAL AL SATWA MIFEPRISTONE AND MISOPROSTOL ABORTION PILLS CYTOTEC 200 MCG AVAILABLE IN AL SA

REPLIES

https://buyieltsatproxy.com/. Buy ielts certificate without exam

Jual Obat Aborsi Cilegon 082323607616 Harga Cytotec Gastrul Mifepristone COD

Maintenance issue in apartment

Real Estate Investment

REPLIES

View more Discussions(+)

Follow A Topic

CommonFloor Property Search Mobile App now available on Android, iOS and Windows!