Can i buy a site under Due associates at hosa road

[shabini]

HI Vamsee,
I may be wrong....not sure....
when i got khata for my site....i came to know that one more document we will get from Duo something like possesion certificate or something....i dont remeber the name exactly ...
what i came to know that after getting that ..it will be handed over to association....full responsibilty of maintatining the layout lies with the associaction....till that time any maintainence,or issues in layout will be taken care by Duo...
Hence I presumed that we need to wait for that.....!!!!
I shall crosscehcek this and update ...if i get any info...meanwhile anyone else have proper info for this?

[foramar]

Property under Duo South County is for public auction, please check the following link.
http://tenders.gov.in/innerpage.asp?cho ... 468&work=1
I have booked a plot on Survey No 52 which is 40% unreleased sites from BDA.
Is the land under Survey No 52 is for auction? Which sites are for auction?.
Has anybody booked unreleased plot?

Please check the attached auction details.

[Dilip12]

Hi foramar,

This notification is not for Auctioning Property under Duo South County, its for different property.
After seeing this tender i went to IDBI Bank and verified with them. they are not going to Auction Duo South County property for at least next 2 months.

Regards,
dilip

[simplycar]

Although legally there may be nothing to prevent construction in released plots, only 100% release means that basic facilities are available since BDA gives full release after this. So only 100% release would mean one can think of construction right?

[adroit]

Hi Amar and Dilip,


This is an AUCTION for Duo South County Properties ONLY but much before in 2011 which did not take place and subsequently in july 2012 DUO got the permission from IDBI for INDIVIDUAL NOC's and sale of Sites.


What I mean to say is this is a VERY OLD DOCUMENT which almost all of us in thsi thread know about and nothing new about it.


Let me know if I am wrong.


thanks and regards
Vamsee

[Dilip12]

yes Vamsee, you are right.

but i was referring to below link,
http://tenders.gov.in/innerpage.asp?choice=tc5&tid=maha560468&work=1

Please check it.

Regards,
Dilip

[Somashekarn]

It is best to avoid this developer. He is bankrupt and all his assets and land holdings have been possessed by the banks and are being auctioned. So not only are his assets in trouble but any further development/maintenance of his layouts is also in question. Better to be safe than sorry.

[shabini]

As per link shared by Dilip12 some tenderwill be opened on 30-March-2013 .
Then which is this property? no infomration in the link shared....

@dilip : Did IDBI manager mentioned anything about which property is for auction? if not Duo South county?
Old auction notice clearly mentions that auction of some survey numbers except few already released survey numbers..
Did IDBI people mentioned anything about which survey numbers is under their perview?
If i am not wrong, it will be only for Not registered plots.....for which they have not given NOC....

[Dilip12]

Hi Shabini,

yes, IDBI Bank GM told they will be auctioning property at Yelahanka not the Duo South County... Also if they will come across situation to do an Auction... they will be doing only for unregistered plots....

For more info you can call IDBI Bank, KH Road Branch(+(91)-80-67121001 | 67121049 | 67121002) and talk to Mr. Vishwanathan who is incharge.

Regards,
Dilip

[shabini]

Thanks a lot Dilip for infomration....