Plz Help

[gumesh4u]

Dear Sir,
I am planning to buy the constructed house near Bagaegouda layout, Kanakapura road Raghuvanahalli in survey no 5 (3Acre 26Gunte) DC converted with B-Katha from BBMP. I have given 2 lacksas advance with sale agreement. I have submitted all documents to IDBI bank and they told papers are legally ok and sectioned loan. Later I came to know that this survey number is acquired by BDA in 1991 with final notification. This layout is almost developed and they are paying the BBMP tax from past two years. Please suggest mewhether I should go head andbuy this house?.

Thanks,

Umesh

[blackstallion76]

Please apply an RTI at the RR Nagar office and get clarification from good lawyers.
Some of the land areas around holiday village till Mallasandra have some legal issues.

[gumesh4u]

Thanks for your inputs.

[arigilamurali]

Dear umesh
IF it is acquired and final notification has been issued way back in the year 1991, why BDA has not taken possession of the property so far.
You also try get more information for what for the acquisition has taken place and why BDA has made any attempts to take possession . Any how absolutelly there is risk to purchase the that property as the sale deed itself would be void documents in view of final notification under Section 6 (1) of Land acquisition Act .
if you give moreparticulars i will be in position to give opinion.
with regards
r.murali
advocate.

[gumesh4u]

Dear Murali,

Thanks for your reply, can you give your mobile no so i can explain more. my persnal email ID is gumesh4u@rediffmail.com.