Search found 12 matches

by Kumara
July 16th, 2014, 7:24 pm
Forum: General
Topic: BDA sites through Auction
Replies: 23
Views: 36866

Re: BDA sites through Auction

Ah Suresh. Like all other legal charges, I wish we had a checklist for bribe as well :-) Touts offer to take ownership (?) to get things "done". But after the recent raids, these guys are in trouble themselves. Ideally it should be one guy for getting the files moving within BDA and one guy in the S...
by Kumara
July 3rd, 2014, 3:51 pm
Forum: General
Topic: BDA sites through Auction
Replies: 23
Views: 36866

Re: BDA sites through Auction

e-Auction process is quite straight forward. 1) Create a login with the e-auction portal 2) Pay the EMD amount in Bangalore One 3) upload all relevant documents - PAN, Address proof etc 4) Once you log into the e-auction site, it would clearly tell you what are the pending steps before you are allow...
by Kumara
June 26th, 2014, 4:20 pm
Forum: General
Topic: Due-Diligence before buying.. A must-do!
Replies: 4
Views: 6957

Re: Due-Diligence before buying.. A must-do!

Thanks Ravindra. This is great info. Really appreciate your response.
by Kumara
June 23rd, 2014, 6:35 pm
Forum: General
Topic: Due-Diligence before buying.. A must-do!
Replies: 4
Views: 6957

Guidance Value

Thanks Ashwin. This site is good and gives a decent idea. Is there Government website for Guidance value?
by Kumara
June 15th, 2014, 5:45 pm
Forum: General
Topic: BDA Auction Registration based on Guidance value?
Replies: 2
Views: 4989

Re: BDA Auction Registration based on Guidance value?

Yes, that is right, the Registration will consider 1 Crore. The stamp duty + Registration fees will be about 6 to 7% ( I paid 6.7%) . Safe to assume 7% + Some "convenience charges" to move the files.
by Kumara
March 27th, 2014, 4:06 pm
Forum: Documents
Topic: Possesion, Encumberance and Khata Certificates
Replies: 2
Views: 4650

Re: Possesion, Encumberance and Khata Certificates

Thank you Mr Ravindra for the response. This is useful
by Kumara
March 27th, 2014, 1:21 pm
Forum: Documents
Topic: Possesion, Encumberance and Khata Certificates
Replies: 2
Views: 4650

Possesion, Encumberance and Khata Certificates

Hi, Could you please help me understanding the difference between these three certificates PC, EC and Khata? What is the significance of each of these, which is the authority for providing this and I have to shamelessly ask what is the bribe to be given - Approx range would help I am sure quite a fe...
by Kumara
February 1st, 2014, 8:00 am
Forum: Real Estate News
Topic: Indian express Jyanagar Deal Stuns Realty Biz 55k/sqft
Replies: 3
Views: 15301

Re: Indian express Jyanagar Deal Stuns Realty Biz 55k/sqft

From the Indian Express... ByNR Madhusudhan - BANGALORE Published: 26th January 2014 07:47 AM A plot in Jayanagar 4th Block has just been sold for `55,000 a sq ft, leaving even the fabulously rich real estate sector gaping in disbelief. The plot is on 11th Main, near the Jayanagar Swimming Pool, whe...
by Kumara
January 30th, 2014, 7:05 pm
Forum: General
Topic: BDA Auction
Replies: 1
Views: 4334

Re: BDA Auction

HSR the highest bidder was around Rs16,000 to RS 17,000 per Sqft ( Sqmt/(10.76) = Sqft). That is a cool 2x of the base price. BDA must be drooling and will revise the base price again for upcomign auctions. Look at HRBR and Jnanbharathi - Even these areas, the successful bidders have paid 40% higher...

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