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Any comments about this property and the builder?

Q: Looking for inputs on this property and the builder. Any valuable inputs will be appreciated.

Replies (7)
1
It is advisable to go for properties having A Khatha as in case of B Khatha you are not entailed to have building license, trade licence or loan from banks or any other financial transactions. B Khata is a temporary measure which will allow you to buy or sell a site, but you will face problems when you go for construction.
Gajendra V


2
What is the difference between A khata property and B Khata property?
Dushyant


A khata is the genuine khata as many people are cheated by the developers to buy illegal sites, while B khata is B register for just collection of taxes is for illegal site entry. May be your plot is enter into B register because of many reason. Now the problem is that you cannot be sale the site, cannot get bank loan. You will not get house loan approved and you cannot convert it to legal A khata.
Nagesh,  Bangalore
25th February 2014


3
Is the project completed? What is the current rate per sqft going on in this project?
Jacob


The project is ready to move in and the rate per sqft going on is Rs 3600.
Manjunath,  Bangalore
25th February 2014


4
Is there any reason that they are not providing A-Khata? Is there any issue with the property?
Property Buyer


5
To be on the safer side it is better to buy a property which is having A Khata rather than buying a property which is having B khata as you may face problems in getting loans for B khata property.
Gajendra V


6
Hi Manjunath, I had a word with the sales person and he is telling that for individual houses they are giving B Khata. Will there be any problem if I buy a property in this project?
Dushyant


I am interested in 2bhk apartment. Is there any 2 bhk available for sale?
Milind,  Bangalore
27th August 2013


Hi Milind, 2 bhks are not available for sale but 3bhks are there. If you are interested in 2 BHK you can go for resale flats, :)
Dushyant,  Bangalore
27th August 2013


7
Hi, The project will be ready for possession by September 2013. It is approved by BBMP, A Khata and banks like LIC, IDBI, SBI and Axis.
Manjunath


8

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