BDA MAY EXTEND THE DATE FOR SUBMITTING THE APPLICATION FOR THE ALLOTMENT OF SITES IN NADAPRABHU KEMPEGOWDA LAYOUT


The State Government is contemplating to extend the date to submit the applications by a fortnight for the allotment of sites in the newly developed layout in Bangalore South and Bangalore North taluks under the name of Nadaprabhu Kempegowda Layout.

It is said that over 40,000 to 50,000 applications have been submitted till yesterday for the sites, even at such exorbitant prices. Most of the applicants have been waiting for years with 4,5 and 6 attempts, since 1980`s and 1990`s.

It is widely believed that this might be the last layout.  But, there is life in the proposed Dr.Shivarama Karanth Layout tooooooooooo.

AADHAAR AUTHENTICATION FOR PROPERTY TRANSACTIONS MAY BE MANDATORY IN KARNATAKA SOON TO ELIMINATE FRAUD AND DUBIOUS TRANSACTIONS


The stamps and registration department may make Aadhaar authentication “A MUST FOR PROPERTY REGISTRATION” in Karnataka.  However, this authentication can happen only in case of customers who are Aadhaar holders.

The services will be offered by Centre for e-Governance, Karnataka, which is in charge of the enrolment process. This will be done in coordination with custodian of the data, Central Identities Data Repository. Since Aadhaar authentication works on biometrics (including thumb impression), a mandatory process during the time of registration (only thumb impression), its validation will show up discrepancy and impersonation, hence eliminate dubious transactions.
Any registration, be it a document or marriage, involves recording the biometrics of the executer along with their signature and photograph.

During the process the process of property registration thumb impression and the photo of all the sellers and the buyers are captured and with the AADHAAR authentication, the captured thumb impression and the photo of the buyer or seller is matched with that in the back-end server, but for this process to be successful the buyers and sellers has to be registered on Aadhaar. Since all biometrics are synced the data of the person will pop up from which the previous transactions, if any, can be ascertained and the identity of the person found. This way, a discrepancy/defect/fraud/multiple sales of the same property can be spotted and the transaction stopped.
This linking of Aadhaar with the stamps and registration department will detect impersonation in property transactions and curb fraud and dubious registrations. Once Aadhaar is made mandatory, the 12-digit unique identification number will have to be mentioned in all government and bank transactions. The government has mandated Aadhaar as a document for proof of identity (PoI) and proof of address (PoA). Since the UID number cannot be tampered with, it can bring down property-related scams to a great extent.

NEW PROPERTY GUIDANCE VALUE (REGISTRATION) FROM TODAY


THE GOVERNMENT ANNOUNCED THE REVISED GUIDANCE VALUE WHICH WILL BE EFFECTIVE FROM TODAY. (13-11-2014)  THE STAMP DUTY AND THE REGISTRATION FEE HAS TO BE PAID AS PER THE NEW MARKET VALUE FIXED BY THE DEPARTMENT.

CONFIDENCE LOST !!! YES


THE LAND ENCROACHMENT BY LAND SHARKS AND ROGUE DEVELOPERS HAS BEEN DETECTED AND HUGE SECTORS OF LAND REPOSSESSED OR TAKEN OVER BY THE GOVERNMENT AND THE CONFIDENCE GROUP, WHICH WAS EARLIER SUSPECTED TO BE ONE OF THE ENCROACHER HAS TURNED OUT TO BE TRUE.

AS USUAL, THE DC ISSUED THE NOTICE OF EVICTION, AND AS USUAL, THE DEVELOPER GOT THE NOTICE ISSUED TO THE DC AND THE DC OBTAINED AN INTERIM STAY AND THIS WILL GO ON AND ON AND ON.  THE AFFECTED PURCHASERS WILL HAVE TO LISTEN TO THE MARKETING TALK OF THE `MBA` LITERATES AND THEIR MONEY IS LOST OR GONE !!

BY THE END OF THIS WEEK, IT IS LEARNT FROM THE RELIABLE SOURCES THAT OVER FEW HUNDRED SITES FORMED OR DEVELOPED IN GOVERNMENT LAND HAD BEEN REPOSSESSED BY THE GOVERNMENT.  MAJORITY OF THE PURCHASERS ARE NOT EVEN AWARE THAT THEIR SITES (ILLEGALLY BOUGHT) HAS BEEN LOST.  

SOME OF THE ARGUMENTS ARE:

WE HAVE A KATHA,(WHOSE PROPERTY?)

WE HAVE PAID TAXES ( PAYMENT OF TAXES DOES NOT CONFER ANY RIGHT, TITLE AND INTEREST)

WE HAVE POWER CONNECTION ( POWER SUPPLIER IS A COMPANY AND SUPPLIES POWER ON A CONTRACT OR AGREEMENT AND THE POWER SUPPLY COMPANY CANNOT GRANT OWNERSHIP OF THE PROPERTY)

WE HAVE ROADS AND STREET LIGHTS (OUT OF COURTESY OR BY MISREPRESENTATION OF FACTS- ROADS ARE LAID)

THAT MLA, MP AND MINISTER PROMISE OR OPENED THE LAYOUT, HENCE IT IS LEGAL!!! JOKE OF THIS CENTURY!!!!!

NONE OF THESE ARGUMENTS WILL HOLD GOOD IN THE COURT OF LAW. 

A LOOOSING BATTLE WHICH WILL PINCH THE PURSE AND HEALTH OF THE PERSON IS THE NET RESULT OF BUYING PROPERTIES WITHOUT DILIGENT ENQUIRY.  EVEN THE ENQUIRY MUST BE CONDUCTED THOROUGHLY WITH AN EXPERT PROFESSIONAL AND NOT WITH ANY TOM, DICK AND HARRY.

KEMPEGOWDA LAYOUT NOTIFICATION QUASHED


THE HIGH COURT OF KARNATAKA HAS QUASHED THE NOTIFICATION ISSUED BY THE BDA FOR THE ACQUISITION OF 4000 ACRES OF LAND FOR THE FORMATION OF KEMPEGOWDA LAYOUT TO FORM 54000 SITES IN KENGERI AND SURROUNDING AREAS ON WEDNESDAY.

THIS COMES AS A SHOCKER TO THE GOVERNMENT AS THE PROCEDURES HAD NOT BEEN FOLLOWED AS LAID DOWN IN THE BDA ACT, BUT THE GOVERNMENT HAS POWERS TO COME OUT WITH ANOTHER NOTIFICATION, BY PROPERLY FOLLOWING THE PROCEDURES. 

THE PROCEDURAL LAPSES AND THE LAXITY OF THE OFFICIALS HAVE BROUGHT DOWN THE CURTAINS ON THE PROPOSED LAYOUT.

REGULARISATION OF UNAUTHORISED CONSTRUCTION – ORDINANCE MAY BE PROMULGATED – CABINET DECISION


The Government of Karnataka has decided to issue an ordinance to regularize the Un Authorized constructions in the entire state. A Decision/Resolution to this effect has been taken at the Cabinet Meet today. 

More details are awaited.