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Springfields Apartments don't have BBMP A Katha. Please clarify.

Q: Hi, I am planning to buy a flat in Sprinfields, Sajapur road, Bangalore. But I heard all the flats in Sprinfields have BBMP B katha only and SBI does not give loan because of that. Although I can get loan from other banks, I am afraid there will be some legal issues in the future. Could someone please clarify this?
Replies (2)
1
Hi, You are right most of the brokers don't tell you the details, for Springfield Sarjapur road, its as below.

- Only Phase I is fully approved by BBMP with Khata A, Block A,B,C
- Rest Phases are with Khata B, no OC, similar situation to Coco Cola Complex, Mumbai which was in news recently
- Road facing Blocks A, J and some apartments in B block have 1K to 0.5K less than market rate per Sqft as there is too much Road Noise reaching even upto upper floors.

thanks, RKN
Ramesh KN


2
Hi Priya, try to convert the BBMP B Khata into A Khata. This will help you to increase the cost of the property if you are planning to sell it in future.
Sreyansh


3

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