BBMP `A` KATHA – CHECK AND VERIFY THE BACKGROUND AND FIND OUT , HOW THE KATHA IS OBTAINED ? – BEFORE THE PURCHASE


IT IS STRONGLY RECOMMENDED TO THOROUGHLY VERIFY THE BBMP `A` KATHA ISSUED TO REVENUE POCKETS, AREAS, BIFURCATED/LAYOUTS FORMED IN DC CONVERTED SITES AND THE BASIS ON WHICH THESE KATHAS ISSUED BY THE BBMP, BEFORE PURCHASING A SITE/PLOT OR AN APARTMENT.

IN THE COURSE OF OUR VERIFICATION, WE HAVE STUMBLED UPON MANY PARADOXES, SOME ARE SO STRANGE AND SOME ARE MIRACLES AND SOME, CANNOT EVEN DREAM OF IT, HAVE COME OUT TRUE.

LAST MONTH, WE DISCOVERED A MAJOR SCAM OF A PUBLIC SECTOR BANK.  

THE BANK SANCTIONED HOME FINANCE TO ONE PARTICULAR GROUP OF APARTMENTS AND THE BORROWER DELIBERATELY DEFAULTS IN THE EMI PAYMENTS AND THE BANK ATTACHES IT AND TRY TO SELL IT UNDER E-AUCTION.  THE PROPERTY ATTACHED WAS BUILT ON SOMEBODY ELSE`S PROPERTY AND THE BANK SANCTIONED THE LOAN, DELIBERATELY, ATTACHES THE PROPERTY AND TRYING TO SELL IT THROUGH E-AUCTION. 

THIS IS NOT THE FIRST CASE.  WE HAD EARLIER, THIS YEAR DISCOVERED SUCH ILLEGAL AND UNLAWFUL BANK AUCTIONS IN HIGH END AREAS LIKE KORAMANGALA AND HRBR LAYOUTS.

IT IS ALWAYS ADVISABLE TO CONDUCT A THOROUGH AND DILIGENT INQUIRY INTO THE TITLES BEFORE ATTENDING AND BUYING THE PROPERTY ATTACHED BY THE BANKS.

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