Q:We have purchased a site in gram panchayat limits in Bangalore. We are going for a home loan and would like to know whether Teachers Colony, Bidrahalli, Bangalore East is a converted property or not.
Latest Answer: DC Converted means the conversion of land from 'agricultural' (i.e. land that can only be used for farming according to the government, and hence assessed for tax accordingly) to 'residential'. DC stands for District Commissioner, the officer who has the authority to approve such conversions. DC converted sites are usually eligible for bank loans. Do you have paper for DC conversion???
Latest Answer: we have one of the best projects nearby from habitat ventures. Even i was also concerned about the same and then came to know about Habitat. You should visit them call for assitance at 08041469220