rajendert, Hyderabad
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Kindly let me know the risks involved in purchasing this plot.
Q: I am planning to purchase a plot bearing plot no. 505, in Survey No. 848, 233 Sq Yards, Vandanapuri Colony, Iskabavi Village, H/O Ameenpur GP, Patancheru, Medak District. I heard from the seller that this area does not come under HUDA jurisdiction, hence, HUDA approval not required. He says that its a Gram Panchayat Layout and its approved from Gram Panchayat. He has not paid Land Regularisation Scheme ( LRS ) and not agreeing to pay it. He says that construction permission can be obtained from Gram Panchayat itself. Only a few apartments / residentail lands are regularized ( LRS paid ) in the entire colony of around 1000 plots. Kindly let me know the risks involved in purchasing this plot.

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In that area plots, every body is tempting to take the individual houses with out asking LRS. so many people who are in the same area don't have any LRS.
Hi Kiran,Tnx for your replay.I have seen some plots in that area.How was the builders?if you dont mined can you tell me the Per square yard rate?do u have any builders name and numbers...
29th June 2012

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