Help about Apartment on Horamavu Main Road

[uppulurivasu]

Hi,

I have finalized an apartment in Vijaya Patils, Horamavu Main Road, Bangalore. I have some queries about the apartment and registrations, can any one of you help me in resolving these

1) The builder has given the documents in which the BBMP Approval plan slightly differs from the constructed plan. To clarify further all the 2 BHKs are actually 1 BHK and 3 BHKs are 2 BHK in the BBMP approval plan. Is this acceptable ?

2) The approval is for G+3 but where as the actually construction is G+4, the builder says that the top most floor is planned for only rentals so I do not need to worry about it as I have finalized on Ground Floor.

3) Am planning to go with LIC for bank loan, is that a good idea ?

4) Provided I get a green signal from an advocate on legal opinion, is it good to proceed ?

5) Are there any things that I need to ask from the seller, the flat I'm buying is from Land Owner share.

6) The builder/land owner says that when akrama sakrama comes in Bangalore, almost every one need to pay some thing or other as most of the constructions do have minor deviations from BBMP approved plan which are acceptable. Seems when a construction is done strictly as per BBMP approved plan the construction would be very costly.

7) Out of the 16 Flats available, 14 have been sold out except 2 in GF. I have finalized a 2 BHK in GF and a 3 BHK is still open for sale. Is it safe for all the others who have already brought the flats.

Please help me out ASAP

[ardesarchitects]

Hi,
sanction plan and actual plan variations are common in many bbmp approved flats.
Floor violations is also common with daring builders,since the risk factor for that floor alone is more.In many instances bbmp has demolished the violated floor.
But till now there is no instance of demolishing violated building in terms of plan.
I am not sure about loan with LIC
I would say if you like the property and good deal go for it,since you are safe with permitted floor (GF).
Does the flats have kahatta? since bbmp is no issuing kahatta most banks are not ready to give loans.How is the builder managing for arranging loans?
Check for undivided share of land with the builder.

The above suggestions are just personal opinion, please do check with legal experts and take decision ....

Regards
Ar.Praveen.N
Ardes Architects and Interior Designers
ardesarchitects@gmail.com

[uppulurivasu]

Hi ardesarchitects, thanks for providing your valuable suggestions. I have dropped my plans to go with this apartments.

I have actually gone to an advocate for legal clearance and seems that this land does not have a DC conversion, BDA approval and NOC from other departments and even though if I want to legalize it when Akrama Sakrama offer comes, I may land up paying more (around 4 to 5 Lacs).