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Invest in a plot in LG Rose Heritage .

Q: A representative from LG called me and asked if i am interested to invest in a plot in the 4 acres of extended land of LG Rose Heritage [ actual 80 acres] near Hennur , North Bangalore . Can anyone suggest if this is worthy? I was told it's a 40x60 land and 1800/-sq ft which is negotiable.B khata land

Replies (2)
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.
Shazad Laskar


The project is located on the International Airport Link Road, the plotted development will dedicate only 25 acres for building exclusive villas, while the rest of the space will be developed into a fascinating heritage rose garden. The looks good and affordable, just check once with the Khata.
Sagar Prasad,  Bangalore
27th February 2017


2
The price looks quite good when compared to the locality but I would suggest you to not go for a project haveing B Khata.

Bangalore BBMP commissioner Siddaiah said B-Khata could not be a basis for property registration. B-khata is just a register maintained by the BBMP to collect taxes from the revenue property holders. B-Khata is not considered as a valid Khata extract.
Rakesh


3

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