#Occupancy Certificate issued by BBMP

[bradrealty]

Here are some essential documents you should check thoroughly before buying any flat in Bangalore:

Property Ownership and Legality:

Sale Deed: This is the primary document that proves ownership of the flat. It should be registered and contain details like seller information, flat description, and sale agreement.

Mother Deed: This traces the ownership history of the property. Ensure there are no disputes or encumbrances on the land title.

Land Use Certificate: This verifies the land's designated purpose and ensures it's approved for residential construction.

Encumbrance Certificate (EC): This is crucial! It reveals any outstanding loans, mortgages, or legal claims on the property. Obtain an updated EC to ensure a clear title.

Apartment and Building Documents:

Building Approval Plan: This confirms if the building adheres to construction regulations and safety standards.

Completion Certificate (CC): This signifies the building's official completion and adherence to approved plans.

Occupancy Certificate (OC): This grants permission to occupy the flat, indicating it meets all habitation requirements.

Society and Taxes:

Khata Certificate or Extract: This is issued by the Bangalore Municipal Corporation (BBMP) and identifies the property for tax purposes. Verify ownership details and tax payment history.

Society bye-laws: Familiarize yourself with the society's rules and regulations regarding maintenance fees, amenities usage, and resident conduct.

No Objection Certificate (NOCs): Obtain NOCs from relevant authorities like the electricity board, water department, and fire department, ensuring no outstanding dues exist.

Additional Considerations:

Agreement for Sale: This detailed document outlines the terms and conditions of the purchase, including the sale price, payment schedule, possession date, and any additional clauses.

Apartment Allotment Letter (if applicable): This applies to under-construction flats and confirms your specific flat allocation within the building.

Remember: Don't hesitate to seek professional help from a lawyer specializing in real estate to thoroughly review these documents and ensure a smooth and secure property purchase.

Have questions about buying a flat in Bangalore? Connect with Brad Realty, a top real estate company in the Bangalore!

[realestateinindia]

Meaning, Significance, and Process to obtain Khata Certificate online

Looking for assistance with Khata Certificate? Do not worry! From meaning to its significance and the process of obtaining the BBMP Khata certificate online, our blog explains every aspect of the Khata Certificate. Begin untangling your tangled thoughts by understanding what Khata Certificate is and the importance it holds.

What do you mean by Khata Certificate?

Khata certificate is an official document issued by Bruhat Bengaluru Mahanagara Palike (BBMP) to assess the property in debt and taxes. It consists of all the details about the property, such as the name, owner’s contact information, size, location, built-up area, carpet area, tax assessment, and property identification number. This document is used during the registration or selling of new property. It also serves as a payment log which is updated by the municipal corporations.

Why do you need Khata Certificate?

According to Bruhat Bengaluru Mahanagara Palike, it is mandatory to have a Khata Certificate to secure building permits, layout plan approvals, and bank loans. This further also helps in facilitating the electricity and water supply in the project. Without a Khata certificate, no amenities can be facilitated on the premises.

Know the types of Khata Certificates

There are two types of Khata Certificates –

A Khata

A Khata Certificate is a legal document that validates the legality of the property. It ensures that all construction standards are met and necessary licenses from the relevant authorities were taken, including property taxation, and building byelaws. With A Khata, obtaining building permits, housing loans, and occupation certificate is easy. A Khata also helps you in obtaining trade licenses, renovating the property, and even in the process of transferring ownership or selling the property.

The Khata Certificate application can be made by a legitimate title owner of a property by submitting the required documents to the Revenue Officer or Assistant Revenue Officer upon verification. Ensure you have collected the acknowledgment receipt post submitting the duly filled application form in an approved format. You can apply for a Khata at any of the Karnataka government-approved Citizens Service Centres.

Below is the list of the mandatory documents to be submitted to obtain Khata Certificate:

Attested title deed copy

Documents for allocations granted by the State Housing Board

Location of the property

Previously paid tax receipts

Building layout plan

Profession documents

The above documents may vary according to the different locals in the city.

B Khata

B Khata certificate is a temporary document that is issued in the event of unpaid taxes or broken building bylaws. This document is issued by BBMP, under section 108A of the Karnataka Municipal Act, 1976 which was amended in 2009. Previously, B Khata properties had enjoyed some of the rights similar to A Khata rights. However, post Karnataka High Court issued an order in December 2014, B Khata Certificate was declared illegal. Therefore, such properties are now recognized as illegal properties.

Further, in case you wish to construct, sell, or transfer the property rights to someone, it is mandatory to convert B Khata properties into A Khata to ensure that the property and transaction are legal and that you do not face any legal hassles. In order to get your B Khata converted, you can send an application to the assistant revenue officer or similar officer in charge of Khatas with the required supporting documents. The application is then processed, and you can expect the delivery of the Khata certificate up to 5 weeks. The following documents could be provided to complete the B Khata registration process:

Title deed/Possession Certificate

Receipts of tax payments

Sketch of a property depicting its boundaries and location

Improvement charges

National savings certificate

Encumbrance Certificate if a given site is vacant

Flow chart of title

Khata Certificate online

As everything is digitalized now, the BBMP Khata certificate is digitalized too. You can now apply and get your Khata certificate online. This khata certificate can be downloaded from the official website of BBMP. In order to download the certificate, you need to first log in to BBMP official website. Under department specific section on website homepage, you need to click on “Khatha Service” where you can Register/Bifurcate/Amalgamate/Transfer your property online. Post clicking on the “Khatha Service,” you will be redirected to the “Sakala Online Services” website or you may yourself directly log on to the website. Here's the direct link to the Sakala Online Services - https://sakala.kar.nic.in/online/bbmp/registration.aspx.

BBMP Khata Transfer online

As the name suggests, a khata transfer is used when the ownership of a property is transferred to another person due to events like a property sale, gift, will, or in the event of the property owner's demise. This document can be obtained by filing a requisition letter to the assistant officer along with the khata transfer charges. Following are the documents that must accompany the application:

Title deed

Details of Khata

Tax payment receipt

National savings certificate

Owner's death certificate if the transfer is being sought after the owner's death.

An affidavit stating that the petitioners are the legitimate heirs of the property.

Khata Bifurcation and Amalgamation

Khata bifurcation is the process of separating a khata into two or more khatas while Khata amalgamation is the process of combining many khatas into one. Application for such khatas must be submitted with the specific documentation listed below:

Old Khata Certificate

Registered Sale deed/title deed

Receipt of taxes remitted

Receipt of improvement charges

Encumbrance Certificate

No Objection Certificate from BDA

Receipt of improvement charges

Flow chart of title

In case of bifurcation or amalgamation of a bestowed property, property acquired through a will, or property inherited by death, the following documents must be submitted along with the above documents-

Original death certificate

Encumbrance Certificate

Registered will

Affidavit pertaining to the inheritance/court/decree/gift

Now that we have explained the ins and outs of the Khata certificate, you can go ahead and apply for yours! In case you need detailed guidance on the homebuying process, connect with our experts to ensure you understand the dynamics of the real estate market and make an informed investment.

[ecopackindia]

The occupancy Certificate is withdrawn for an apartment project in Bangalore

It is said that due to non-compliance and irregularities in the construction of an apartment complex in Bangalore North, The BBMP has withdrawn the OC issued, which might affect 150+ apartment owners. It is said that the BBMP had inspected the property and issued notice to the builder, upon, an unsatisfactory reply, the BBMP, withdrew the OC. The builder has already sold and washed his hands…

[investedin]

All You Should Know About Khata Certificate And Extract

If you are buying a property in Bangalore, you will combine the word Khata. People often get confused about Khata with the title deed. Title deed is a written agreement between a buyer and seller during the Transfer of Property or as a formal proof of ownership. Khata, on the other hand, is needed for the calculation of property tax, it cannot be used as proof of ownership, but it is important as a document in many other ways. Here, we will read about Khata Certificate And Extract in detail.

What Is Khata?

Khata can be said as a legal identification document containing all the small prints of the property like the owner’s name, size of the building. Also, to plot the precise location or other important particulars that help to fill land tax.

Property Khata –

Khata certificate

Khata extract

i. Khata Certificate

To get the Khata certificate, there is a nominal fee of rupees 25 per property. This fee can vary from time to time. Whether it’s needed for water connection and electricity connection, availing commercial licenses, and if putting up your property for sale, you will need to have this certificate.

ii. Khata Extract

Khata extract contains the name of the property owner.

The total area of the property. It consists of the location and

The purpose of the property is to get used to it.

The latest market valuation of the property. The market valuation of property is for 5 years. BBMP utilizes Khata extract for a fee of 100Rs. This amount is also subject to change.

Khata extract consists of the amount of property taxes that have to pay on the property.

Requirements For Having Khata Extract And Khata Certificate

Khata extracts and khata certificate performs two different functions in their own ways. One is used when the registration is required and the other while selling the property. If these documents are not available, it creates a problem and will stop the entire process. These are also needed in applying for electricity connection in BESCOM, applying for a water connection, for applying for loans. Also for applying for any license from the government.

Steps To Apply For Khata

1. Open the SAKALA website and download the registration form.

2. After completing the formalities, please submit it to the BBMP office under SAKALA.

3. Recheck if you received the acknowledgment number.

4. The acknowledgment is then followed up to BBMP.

5. Once your application is approved, pay the fee used for registration plus the khata certificate or extract fee.

6. You can then collect your khata certificate or khata extract.

A-Khata

A-khata is legal property.

A-Khata certifies that the property owner has paid the property tax to the BBMP. The property conforms to all the buildings bylaws regarding properties.

A-Khata owners can have a trade license, necessary supplies, building plan approvals, and the opportunity to get bank loans on the property.

Buying an A-Khata property is safe and legal; it also allows constructing a building and building license.

A-Khata Site

A-khata site means something which is under BBMP limits in Bangalore. In this limit, if you have a property, it doesn’t need to be under a Khata. If you have paid all the property tax or paid all the betterment charges and if the deputy commission converts them as a-khata, then it is A-Khata property.

How Do You Know If You Are A-Khata?

If the property comes under the BBMP and BBMP limits’ jurisdiction, they are considered A-that. A-Khata is legal property, not illegal or semi-legal property.

B-Khata Property

i. Properties under B-Khata are illegal or are in offense of government regulations and building bylaws.

ii. Taxes of building which are constructed illegally or constructed under violation of bylaws construction or revenue lands come under the right of BBMP.

iii. Having a B-Khata document does not allow the owner to buy any government based license.

iv. Loans from government banks are not provided to B-khata document holders, but they can take loans from private banks or offices.

Is B-Khata Safe?

It can’t be considered a safe place. B-Khata does not come under BDA, and that’s why it is not safe. By having B-Khata, you will always have fear in your mind, and you will have to fill a huge amount of penalty to the government because of its illegal Validation.

The process to get B-khata property :

Create an EC certificate for your flat. (Encumbrance certificate) with a time of at least a year. You will have to fill form 22, which is free of cost. One year cost for EC is Rs.35.

Get khata application form of Rs.10And 5 documents ( Title certificate, building sanction letter, betterment charges receipt, a sketch of the layout.

Fill up the form green and pink, sale deed form, possession certificate, GPA if required or used.

Add documents such as EC, the latest property tax receipt, plan of the flat, and other flat documents.

Visit again after 15 days.

Pay the khata registration fee.

Submit the DDS to the ARO office and get stamped acknowledgment.

Again wait for 15days. We will have to do this every 15 days.

Verify the notification whether the name and spellings are correct or not.

Take the document to the ARO office with applications for issuing khata certificate and khata extract.

You will receive your khata extract and certificate.

Differences In A-Khata And B-Khata

1. A-khata property owners can enjoy the benefits of water connection, electricity connection, etc., but B-Khata property owners cannot use the same facilities.

2. Personal bank loans on the property can only be granted to A-Khata property holders. They can take loans from the government as well as private banks. B-Khata property owners can only take loans from private banks.

3. Trade license and permission is granted only to A-Khata property owners and not to B-Khata property owners.

4. Property tax is compulsory for all types of Khata.

Steps to convert B-khata into A-khata :

Step 1 – District commissioner conversion is required to convert agricultural land into non-agricultural land.

Step 2- All the due taxes have to be paid.

Step 3- Get a khata form and submit it to the BBMP office.

Step 4- Provide all required documents along with the form.

Step 5- Pay the BBMP betterment charge and submit it to your area’s assistant revenue officer.

E-Khata

E-Khata lets you pay your property taxes online plus offline.

Let’s you print your Khata certificate and extracts from any BBM KIOSK in the city.

Can you download khata extract online?

Yes, you can download e-khata online. Verification of panchayat or village e-khata certificate can also be done online without any handwritten paperwork.

Is e-khata safe or not?

Yes, it is full of safety, and it is legal to buy e-khata. E-Khata is an electronic process that shows all the information and details about the property owner. A-Khata and e-Khata both are equally legal and 100% safe.

How to fill an e-khata certificate?

You can get your e-khata certificate very easily without any long process or much time.

E-Khata application forms are available online.

Fill in the required details carefully.

Attach and submit required documents.

Upload the application to the BBMP website with every document asked.

Take a print of the application so that it can be used in the future.

Benefits Of Having An e-khata :

i. E-khata is an online computerized khata.

ii. The PIN allows receiving property tax receipts online.

iii. Property tax can be paid online.

iv. Easy to use and saves time.

v. It is legal, and government certified.

Can you get khata without OC?

Yes, you can get khata without an Occupancy Certificate, but then your property will not be obeying the BDA/BBMP by-laws and regulations. If the building is not as per plan, then it is illegal. The building isn’t safe to buy because its quality and safety of construction are compromised. The building cannot manage its supply of waste, sewage, water without an occupancy certificate.

What is the khata number in the land?

Khata number in general language is an account number or number provided by a government revenue officer who shows the owner details and the number of partitions in any land. Khata number is given to various owners in Khewat.

What is the PID number?

The PID number can be a combination of ward number, street number, plot number. A singular street number has been assigned to each street, and a property number has been assigned within the road. It requested that citizens shall mention a new PIO for all property-related transactions in the future.

Steps to create a new PID number –

To create a new PID number, you’ll have to attend the link bbmp.gov.in.

Open, GIS-based new PID.

Select ‘To know your new PID click here.’

You can put your old PIN or appliance number you used for 2008-2009 land tax payments and then click search.

Click on your name and then click “Fletch.”You’ll receive a print; check if it’s correct or not. You can copy and take a print of the present page.

Click on the tab ‘Click here to look at your property in the GIS map.

You can go to the BBMP office whenever a query occurs.

In your land tax receipt, this new PID number will also tend.

Steps to fill the form of Khata Transfer

Fill in the online application form.

Upload documents online: Sale deed copy, tax paid receipt, and EC.

Digital sign the document online: with your Aadhaar number and OTP.

When you get an SMS from BBMP, go and pay the amount to any Bangalore one center.

Download the digitally signed khata.

Documents Required For Khata Transfer

Sale deed copy

Tax paid receipt

EC

Details of the khata

National saving certificate

If the previous owner is dead, a certificate is required.

In settling cases, an affidavit is required for ensuring the purchasing person is a legal heir or not.

Can we consider BBMP khata as proof of ownership in property?

No, BBMP or any other kind of Khata certificate does not prove the person’s ownership of any property. Khata certificate is the only evidence that proves that the person or owner has paid all the taxes. BBMP Khata is used for registration when purchasing new properties, for water connection, electricity connection, license-such as building license, or trade license.

How can you transfer a dead persons BBMP khata?

After the owner is dead, the property and needs not required to be registered again. You have to take the death certificate of that person to the BBMP office, so that property can be distributed among all the nominees or joint names (whether it is wife, mother, father, children). The latest Khata certificate and receipt of all taxes paid are also required for transfer and that certificate. Once the process is done, all the legal heirs become the owner of the property.

How to get a duplicate khata certificate?

You can go to the bank with laminated khata. If they are not ready to accept, then provide them with a xerox copy of the original khata as proof. If none of these processes works, you can visit any BBMP office and request a duplicate copy of your A-khata.

Final Talk

The government has ordered to ban all the handwritten khata because of its increasing number of fraud and corruption. The government has requested to usee-khatas instead of other different handwritten khatas. Property owners of all the types of khata have to pay property tax from time to time. Khata extracts are required when a person wants to register his property. Khata certificate is required when a person wants to sell his property or land. Hence, Khata is evidence that proofs property tax is paid regularly of an individual’s property. One can carry out further legal proceedings involving the property if they have the khata copy with them.

source http://invested.in/all-you-should-know-about-khata-certificate-and-extract/

[snehak-posts]

Your Must-Have Checklist Before Possession of Apartment | Ashwin Sheth Group

Given that homes evoke such deep emotion in all of us, it’s easy to forgo pragmatism while buying a home for the first time. However, when it comes to your swanky apartment in one of the new projects in Mumbai or that straight out of your dreams – 4 BHK flat in Thane, there are more than just a handful of elements that first-time homeowners need to consider.

Before getting to the fun part of picking your favourite paint shade or framing all those beautiful pictures you have always dreamed of hanging in your own home, there is one slightly off-putting pit stop we must make.

You guessed it – Paperwork and final checklist before possession!

Here we go…

To begin, you must ensure you have all your documents in order. The following documents (originals and photocopies) must be in your hand before possession.

Encumbrance certificate: A mandatory legal document that ensures complete ownership of the property without any financial or legal liabilities. (Ask for the past 30 years)

Commencement Certificate: Issued to the builder by the licensing authority after specifications in the IOD are fulfilled.

No Objection Certificate (NOC): Builders need a NOC from various government departments before beginning construction of the project. These include BESCOM/BWSSB, KPTCL, and Environment Clearance

Completion Certificate: A legal document stating whether the building has been constructed according to regulations and norms.

Occupancy Certificate (OC): A mandatory certificate issued by the civic authority signifying compliance of the building to the approved plan and other building laws.

Khata: The document signifies the person’s name under which the property’s records are maintained in the local civic body’s office.

Joint development agreement (if any): This is necessary if there are two or more parties jointly involved in the project’s development.

General Power of attorney (GPA): A legal document where one party authorizes another party to act on his behalf as his legal representative as well as take binding legal and financial decisions.

Building plan approvals: These states whether the building plan has been approved by the local authority or not. If not authorized, it is an illegal construction. (For instance, BBMP or BDA in case of Bangalore)

Allotment letter: In case you are going for a loan, the builder or the cooperative society issues this letter with details of the property being bought/sold, based on which the bank releases the remaining funds.

Tripartite agreement (if any): In case the builder has taken a loan to develop the property

Letter of No Dues: Letter of possession is issued only after all balance payments are received. Till all such clearances are documented internally, the builder will not be signing the possession letter.

Registered deed of conveyance

Land-use Certificate / Conversion Order

Details of electricity, water and power backup

Agreement by a maintenance agency

Car parking allotment and details

 Note: Documents such as sale agreement, sale deed, mother deed and tax paid receipts by the builder on the total saleable area are to be obtained at the time of property registration, in case of an under-construction property.

Once you get the paperwork out of the way, make a comprehensive checklist of things to check at your new home. Here’s a checklist to get you started but you can add or delete points based on your property or your preferences.

1) Dimensions:

First of all, before taking possession of your flat, ensure that the dimensions of all the rooms and utility spaces are as per the approved plan promised at the time of booking and also mentioned in the agreement. Sometimes it is found that some of the dimensions differ by 2-4 inches with the approved plan.

2) Doors and windows:

Ensure that all the doors and windows have been provided of the specification mentioned in the agreement. The doors should open and close smoothly without any noise. The knob and lock of the doors should work properly. Similarly, check whether windows are installed correctly, and they can be opened and closed without any extra effort.

3) Wall Paints:

Wall Paints should also be checked before taking possession of a flat. All the rooms and utility spaces must have a double coat of synthetic enamel paint without any visible patches. While rubbing your hand over the paint, it should feel smooth.

4) Fittings:

Before possession of your flat, it is very important to check the quality and quantity of all the fittings. These include kitchen, bathroom and sanitary fittings. The fittings should be provided of the same or equivalent brand and specification as mentioned in the agreement. It should be ensured that all the fittings are working in proper condition. There are no leakages while opening or closing taps etc.

5) Switches and plug-points:

Similarly, ensure that all the sockets, plugs and bulb holders are connected to the main supply and working properly. Also, check if the main fuse of the house is controlling the whole current supply. In case of provision of an inverter, ensure that if the main switch is switched off, the supply shifts to the inverter without any issue. Also, check if the miniature circuit breaker (MCB) is of good quality.

6) Look for cracks:

Cracks in the wall are one of the most common issues, which are visible at the time of possession. So before taking possession, you should carefully look for the cracks and discuss it with the builder and its engineer about its reasons.

7) Drainage outlets:

Like cracks, clogged outlets are also one of the most common issues of a new flat. Hence you should check all drainage outlets in bathrooms, kitchen, balconies, utility spaces, etc. before taking possession of flat.

8) Amenities:

Builders promise plenty of amenities such as a park, temple, swimming pool, clubhouse, gym, etc. at the time of booking.

9) Lifts and common areas:

Check whether the lifts have been provided of a reputed company or not. Generally, lifts of OTIS or KONE are preferred. Also, check whether the lift is properly working or not.

10) Power backup:

It is imperative to provide power backup for multistoried buildings for the smooth and uninterrupted functioning of lifts, water supply and other essential services. It should be checked that the DG set installed, is of a reputed company and adequate load. Before possession, its proper functioning should also be ensured.

11) Obtain all sets of keys:

Finally take all sets of keys in your custody at the time of possession without any fail. This is very important given the security of your flat. If any key is left with the construction or maintenance agency of the builder that should also be obtained at the time of possession.

All done and dusted! Now you can plan your housewarming party in peace. We at Ashwin Sheth Group wish you all the happiness in your new home.

[rameshagarwalseo-blog]

12 Important Documents to Check Before Buying A New Property - Doorhunt.com

Occupancy Certificate

When the owner is going to occupy a particular room or apartment, he/she needs to apply for the occupancy certificate. This certificate refers to the inspection if the room or apartment uses all the right raw materials on building the room or apartment.

Completion Certificate

An individual owner of the apartment or building should have a completion certificate. This certificate refers to the compliance of the road distance, terms of height, and many more.

Latest Tax Paid Receipt

This kind of document will ensure the buyer that the tax that the former owner of a particular building is fully-paid to the municipality or government.

Power of Attorney

One of the documents that you will look for when buying a new house is the POA certificate. It refers to the authorization that the attorney gave to the former owner of the house you want to buy.

Betterment Charges Receipt

This receipt is also identified as the development fees or improvement charges that the former owner of the property needs to pay in BBMP.

Encumbrance Certificate

The encumbrance certificate refers to the fees in the liabilities and assets made on a particular building or property that is held beyond the security home loan.

Khata Certificate and Khata Extract

The word khata comes from the word account. This refers to the person’s account that strengthens the ownership of the person to a particular Property for Sale in Hyderabad, India. It contains both the Khata extract and Khata certificate.

Conversion Certificate

The conversion certificate is imposed mandatorily to certify that the specific property is lawfully bought. This is a kind of certificate that will be issued to turn agricultural into a non-agricultural purpose.

Commencement Certificate

This refers to a legal certification that will be given to the owner of the property by the BBMP and BDA after the site’s inspection. This will certify that the building or property meets all the criteria of a structure.

Building Approval Plan

A building owner should have this approved plan that will be given for them by a Commissioned officer.

Mother Deed

Mother deed or parent deed is a certificate that will certify that the property is ready to be sold. Thus it will establish new ownership.

Sale Deed

Sale Deed is the very core and a type of legal document that will play the role of proof of sale and the transferring of ownership.

Doorhunt.com is an India's property search engine. All real estate property listings in one website. Search real estate properties for rent, Property for Sale in Hyderabad, Buy Property in Hyderabad, India. Find residential properties, commercial properties and other properties.

[marypjordan]

​What is Occupancy Certificate- Decoding The Legal Document

Owning a dream home is a statement in itself, often in pursuit of happiness consumers are taken for a ride. This is where legal certifications and documents come into the picture to safeguard the interest of the home buyer. These documents are a proof of legitimacy and assure the buyers of a hassle free transaction. Why is it important? An Occupancy Certificate is issued by the local municipal authority(BBMP) to certify that the building has adhered to all rules and regulations and is ready to be occupied. It is illegal to move into a building without procuring an Occupancy Certificate. What is the procedure to procure an Occupancy Certificate? The builder has to submit the filled OC application form to the local municipal body along with the following documents: 1)Commencement Certificate 2)Completion Certificate 3)Tax assessment with tax receipts paid 4)Built and section plan 5)Copy of sanctioned plan Authorities shall visit the site and inspect the same for any violations, Occupancy Certificate shall be issued for the building if there are no violations. Various steps have been taken up by the legislation to safeguard the interests of the buyer and introduction of RERA has made the real estate transactions a fair and transparent process. ​Now that it is the right time to invest in a property and one of the prime projects which has grabbed attention is newly launched PRESTIGE JINDAL CITY located off Tumkur road spread over 32 acres consisting of about 3,571 smart-sized housing of  1BHK, 2BHK, 3BHK and 4BHK providing a host of amenities

from Prestige Jindal City - Blog http://prestigejindal1.weebly.com/blog/what-is-occupancy-certificate-decoding-the-legal-document

[nihal10593-blog]

Avoid property fraud with this checklist of documents

GOING TO MOVE INTO YOUR NEW DREAM HOME? WELL HOLD YOUR HORSES! IT’S BETTER TO BE SAFE THAN SORRY, CHECK YOUR PAPERWORK TO AVOID PIT FALLS.

 1)   No objection certificate: This document contains all the proofs needed that the project has all the necessary approvals from the government and it’s totally legal for you to invest in that property.

2)   Encumbrance Certificate (EC): This certifies that the property is free from legal liabilities and monetary liabilities such as mortgages, unclear loans by the property owner. It is important for an investor as this not just to secure the legal papers showing that the property is legal but has also a vital role for obtaining loans from banks and other financial institutions which are against the property or for the property.

 3)   KHATA: This is the documents that hold the legal identification of the person owning a property, it contains the name of the owner, location, size of building, etc. It contains how much taxes the owner should pay to the BBMP. This holds the data on size of the property, location of the property, build-up of the property. It’s required in other situations such as applying for an electricity connection to BESCOM, applying water connections to BWSSB, applying for a mortgage from a bank and use the property as collateral for the loan. A property listed under A-KHATA comes under the jurisdiction of the Bruhat Bengaluru maha nagara palike (BBMP). Buying a B-KHATA property should be avoided as it will be deemed as an illegal construction.

 4) Occupancy certificate: This document contains the necessary proof containing the construction complied with approved building laws and plans. In order to obtain this document please refer the picture below it contains Commencement certificate, a completion certificate, built and section plan (elevation and site), NOC for fire and pollution, Area calculation sheet of floor signed by architect, Photographs of completed building, Tax assessment with tax paid receipts, Photographs of rain water harvesting and solar panels if any and finally a copy of the sanction plan.

 5)   Building plan approval( BPAS ) : This document holds the approval of building structure by local authorities.

 6)   Commencement Certificate: It’s a documentation that is issued from Municipal authorities concerned to that place which give permit to the builder to begin their construction work, in a nutshell this certifies from the designated authority to the builder after fulfilling the specifications in IOD.

 7)   Sale Deed: This is an important document containing the proof of sale and transfer of property from the seller to the buyer. It also known as the conveyance deed.

 8) Mother deed: This is a legal document that helps trace the antecedent ownership of the property. As ownership of a property changes through many owners so there will be multiple transactions which is hard to keep track of so this documentation is required and it’s also required if there are plans of selling your property in the future. Make sure this deed has recorded the reference to previous owners in a continuous sequence till the current owner only then it can be considered as a legal property.

 9) Completion Certificate: This certifies that the building is in compliance according to all norms and regulations where the authorities award this only after inspection and if they are satisfied with the construction has been don according to the building plan and certain standards has been maintained.

 10)      Conversion certificate:  Almost 60% of the land in India is agriculture based. So the authorities have issued a conversion certificate, which holds a no-objection that the land is being used for housing.

 To buy your dream home visit www.liveupindia.com

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[ecopackindia]

NGT pulls up civic agencies for allowing construction in buffer zone of Kaikondrahalli lake-Plan to buy an apartment near lakes ?

              The National Green Tribunal (NGT) has pulled up civic agencies including Bruhat Bengaluru Mahanagara Palike (BBMP) for allowing construction activities in the buffer zone of Kaikondrahalli lake on Sarjapura road. NGT has also took to task BDA, BESCOM, and other agencies for giving permission for construction of buildings within the revised 75m buffer zone around Kaikondrahalli lake.…

[ecopackindia]

DOCUMENTS AND TAXES - GENERAL LIST FOR THE PURCHASE OF PROPERTIES

DOCUMENTS AND TAXES – GENERAL LIST FOR THE PURCHASE OF PROPERTIES

Transactions in immovable property are carried out by parties in properties containing the following elements: GENERAL REQUIREMENTS (All approvals, NOC, Licenses, Documents, Provisions, Rules, Regulations, Laws, Taxes, Charges, Fees, and Regulations are not applicable to all the properties.  Specific Requirements or eligibility or statutory documents for specific properties.) Generic list…

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APARTMENT COMPLEX ON LAKE BUFFER ZONE at THE KASAVANAHALLI LAKE

The BBMP initiated the withdrawal/cancellation of Occupancy Certificate issued to one of the Residential Complexes built by a leading builder having 600 apartments, based on the observation of the NGT.  The aggrieved builder approached the High Court and obtained a favourable order and the Court directed the BBMP not to take any precipitative action against the residential complex. As, we had…