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?
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.
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.