Realty Housing

The Bruhat Bangalore Mahanagar Palike(BBMP) website now has the handbook of property tax and list of helpline centers (where one can go and pay the taxes). Illustration: Narasimha Vedala The Taxes can be paid at the Citizens Service Centre at the BBMP headquarters and the helpline centres (usually the ward offices in various locations) and specified banks. BBMP has not provisioned for citizens paying at the Bangalore One centres. They explain that it is because people do not give correct details of their property. “Now we will check if all the details are fine and cheaters can be caught,” says…

Area Residential rates (All numbers in Rs Sq/ft) Commercial rates(All numbers in Rs Sq/ft) BLR - Central business Districts MG Road   20000 Kasturba Rd   15000 Cubbon Rd 12500  Church Street 12500 15000 Dickenson Rd   12500 Ashokanagar 2500 5000 Victoria Layout 4000 8000 Commercial Street   25000 Infantry Rd 10000 15000 K Kamraj Rd   5000-8000 Shivajinagar 2500 5000 Cunningham Rd 10000 15000 Queens Rd 5000 10000 Millers Rd 6000 10000 Vasantnagar 7000 10000 Surrounding MG RD Langford Town 6000 8000 Richmond Town 6000 8000 Residency Rd   15000 St.Marks Rd 10000 15000 Cambridge Rd 5000 7000 Ulsoor…

  Now here is an Example Suppose you have a property in the city that fell into tax Zone E, your tenanted area is 450 sq ft and self occupied area is 950 sq ft then following will be your tax calculation: Gross Unit Area Value - Rs 22200.00 Depreciation Amount -  Rs 5328.00 (the depreciation is of 24 per cent) Net Unit Area Value - Rs 16872.00 Property Tax - Rs 3374.40 Cess (24 per cent) - Rs 809.86 Total Property Tax - Rs 4184.26 Rebate of 5 per cent - Rs 3975.00 (If paid in full on or…

The conflict between preserving the environment and providing housing for the masses is age old. Whether it is an urban sprawl or a concrete megalopolis, many of us get pained at the impact on the city's greenery. We pay the price with our health, our lifestyle and our culture. Are there alternatives that can provide affordable housing and yet allow us to be surrounded by trees? What about housing colonies like those of government quarters? DRDO Township, CV Raman Nagar (pic: V.Gopalakrishnan) India first gave a thrust to industrialisation during its first two five-year plans and a number of public…

When it comes to buying, renting or selling property, people often take help from estate agents. But who are these real estate agents? Where to find them? The usual answer with most of us is the our typical neighbourhood ‘smart man’, who sits in his one room office with a tin sheet banner proclaiming his real estate agents profile. He will have some helpers (not always) running around on their motorbikes showing the best property available in the neighbourhood. If you do rent the place, he'll (it’s usually a ‘he’) charge you a month's rent as fee, and, if the…

 Cartoon by: Narasimha VedalaSetback spaces specifies the space left between a building and the boundary of the plot. It is meant to ensure sufficient light, air and privacy to the occupants of the building and to the immediate neighbours. Space should allow for movement of vehicles around the building in case of an emergency, like a fire.Recommended setback rules according to the BBMP byelaws.BBMP byelaw setback According to a retired senior BBMP official, it is estimated that 50 per cent of properties show more than 75 per cent deviations from the sanctioned plan. ⊕

Most of us who are either buying or selling property find the procedures cumbersome and encounter a range of different certificates and documents required to proceed with a deal. Many of us are unfamiliar with what is required until we face the situation.What is a Khata? What is an occupancy certificate? Who issues it? When and why is it needed? What about the ‘possession certificate’? Former Deputy Commissioner of BBMP (Revenue department) H B S Aradhya answered these questions for Supriya Khandekar of Citizen Matters. What is a Khata?There is no specific mention of the term Khata in the Act…

If you were going to buy a residential apartment from a building named 'Radiant Manor' you would quite naturally except to get a perfect home to live in. This is what Venkatesh Narayan Baichwal of Jayanagar had hoped for when he entered into a construction agreement in March 2005 with Radiant Homes (Proprietor, Manohar Karkal). This firm had agreed to construct a residential apartment for him measuring 975 square feet on the second floor of a building named Radiant Manor. The agreement was that the seller would pay Rs.11,97,500 for construction of the apartment inclusive of Rs. One lakh towards…

Various apartment blocks that have sprung up in Jayanagar 1st block threaten to destroy the quality of life in the area. Residents in the area have pointed out that they have come up in violation of all building norms and ask the pertinent question whether this was in connivance with the authorities. Building Violations in Jayanagar (pic: Rajeev Yeshwant) The most blatant example of this is the case of the 14-floor apartment building coming up on 1st cross, 1st block near Madhavan Park. Being built by Bysani Developers it is located at a dead end. The approach road is a…