real estate bangalore

RERA for Karnataka is an open, public group, devoted to the welfare of home-owners of apartments, villas or plots. We seek to improve the legal framework and its implementation, by working for quick and proper implementation of RERA and reforms in existing laws. We are also seeking reforms in the procedures and policies of agencies, such as KSPCB, BWSSB, BESCOM, BBMP, BDA etc to make the rules fair and more practical to comply with. Objectives To work for speedy and effective implementation of the RERA in the state of Karnataka. To drive reforms in various acts related to apartment ownership…

High Court asked the LDA to come up with a plan for restoration of both the lakes, and hold meetings of authorities, builders and the residents. Pic: Shree D N Koramangala 1st Block Residents Welfare Association who had filed a writ petition against Bellandur-Agara Special Economic Zone (SEZ) project at the Karnataka High Court, have withdrawn the case on Wednesday. However, the division bench of the High Court has given petitioners the liberty to refile the case, after a similar case which is before the National Green Tribunal (NGT) is disposed. Nitin Seshadri from Koramangala 1st Block Residents Welfare Association…

The land abutting Sankey lake where an apartment from Mantri Developers is proposed to come up. Pic courtesy: Google Earth No one will miss the pristine forest area abutting Sankey Tank in Malleshwaram, just next to Aranya Bhavan, the State Forest Department building. The cool water in the lake and the woods nearby make the place a walkers’ paradise, with the chirping birds and thriving vegetation. This sight, it looks like will not last longer, with the Karnataka Government losing its appeal in the High Court against the land transaction and the owner of the land ready with a development…

It is everyone's dream to own a home and live in it. In rapidly urbanising Indian cities, especially Bangalore, without the right homework, chasing that dream can result in far more stress than expected. A range of documents is needed at various stages to proceed with a property deal. Regulations, rules, documents, and a maze of procedures can stump you or complicate matters if you are not well prepared. Many of us are unfamiliar with what is required until we actually face such a situation. We are also prone to commit mistakes if we do not ask the right questions…

High Court judge Justice Venugopala Gowda, during the hearing between Chalet Hotel v/s HAL on Tuesday, March 25th, 2014, observed that HAL failed to crosscheck the height elevation submitted by the Chalet hotel to construct Raheja Viverea at Koramangala. Doubting on the authenticity of the height certificate procured by Precision Survey and Ambedkar Institute, Justice Venugopala Gowda said, “The certificate doesn’t even have BBMP’s letterhead. It has the letter head of company.” What is BBMP’s role in this issue? Ministry of Civil Aviation Notification no. SO84, dated January 14th, 2010 mandates all vertical structures near airport to procure a height…

Sale in properties across Bangalore has dipped in last one month. File Pic. Before the new guidance value was announced, brokers across Bangalore seemed to be in hurry to close various property deals. June 2013 saw highest real estate transactions, says a recent report by the real estate services firm, Jones Lang LaSalle India. However, after the new guidance values came into effect, the realty market has slowed down, in an effort to achieve an equilibrium between market value and guidance value. Builders and realtors are not at all happy with the new guidance value system. They point that the…