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BDA Employee Layout

Posted: May 24th, 2013, 11:00 pm
by kssandeep
Hello All,

I have seen couple of sites in BDA employee Layout. I have seen plots in the layout which is on the side of Anjanadri Arcade.

I have seen various concerns being posted on this forum, but no concrete conclusions. So posting the concerns here again to get a confirmation, if it is indeed something to consider before purchasing.

1. Is there really a 10 year lock-in period for this layout? If yes, how are the deals currently happening - is it really with just a NOC from the association? If yes, is NOC a valid legal document for registration from BDA or Association perspective?
2. Is there Cauvery water connection to this layout already? If yes, is the connection actually having water supply?
3. Any other known legal issues around this layout?

On a different note, what could be a reasonable range of price for 30x40 plot in this layout?

Regards
Sandeep