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 me whether I should go head and buy this house?.

Thanks,
Umesh