Realty Housing

Will the experience of Campa Cola compound flat owners be a lesson to apartment owners in Bengaluru? The Akrama Sakrama scheme is creating havoc. Every builder flouts the sanctioned plan with impunity and there is no one to check. Eventually, the flat buyer suffers while the builder and corrupt officials profit from the illegality. The impression created by Akrama Sakrama is that illegality will be condoned later and therefore builders continue to build illegal structures and lure buyers. Most buyers trust the promises of builders and some, who know better, go ahead and buy believing that Akrama Sakrama will take…

After lot of search, finally you zero in on an under-construction apartment to buy. Your decisions are based on cost, location, developed, accessibility, quality, reputation of builder etc. The builder as usual promises moon to every buyer and buyer gets impressed by glossy brochures and sugary words of so called sales managers. So you start dreaming about living in your own dwelling. The builder then sets the terms for payment - 20% advance, 70% for slabs (for a typical G+3 Apartment), 10% after sale deed registration. After paying the advance (20%), you will apply for a bank loan. If your…

Construction activities continue to encroach the drain that goes to Bellandur lake. Pic: Nikita Malusare The High Court of Karnataka on Monday, October 21, 2013, accepted the Public Interest Litigation against the Mantri developers and Coremind Software and Services along with other nine government departments. A bench comprising Justice K L Manjunath and Justice H S Kempanna directed that the defendants be served notices. Namma Bengaluru Foundation and Citizen Action Forum along with many resident welfare associations in and around Agara lake in south Bengaluru had filed a Public Interest Litigation (Writ Petition 36574/ 2013) on the Special Economic Zone…

About 50 residents of Uma Sree Dream World near Kudlu Gate staged a protest at the project developer’s office on October 2, 2013, seeking completion of promised amenities.   They were demanding that the builder complete the promised amenities and fix the water leakages in the buildings immediately, besides seeking control of the common area.   “We have been seeking  promised facilities like landscaped garden, club house, Jacuzzi, yoga or meditation room, billiard room, karaoke room and children’s play area and car parking areas as per approved plan that was promised by the developer at the time of purchase. Developer has…

Remote sensing authority has put the height of Raheja Vivarea at 892 metres, as opposed to the claim of 870 metres made by the builder. Pic: Nikita Malusare Contrary to the claims made by M/s Chalet Hotels while getting No Objection Certificate from Hindustan Aeronautics Limited (HAL) for the residential apartment project  Raheja Vivarea in Bengaluru's Koramangala area, Karnataka State Remote Sensing Application Centre(KSRSAC) has estimated the height of the construction spot of Raheja Vivarea to be 892 metres Above Mean Sea Level (AMSL). The immediate implication of this is that Raheja Vivarea can not construct any of the blocks…

I bought a resale apartment from an individual who had not taken possession of the flat from the builder (The Confident Group) and had a loan going. The builder was my point of contact for this purchase and I had absolutely no interaction with the seller. In fact, the senior executive from The Confident Group, refused to share the seller’s contact details. The builder helped me in getting the housing loan through Axis bank and ensured that all the documents related to the apartment were handed over to the bank executive for verification. The builder demanded that I pay Rs.30,000…

Water inside Sai Gardens premises, in Kadugodi near Whitefield. The above picture isn't a scene from any flooded village, it's a scene straight from Kadugodi - Whitefield, Bangalore. Residents of Sai Garden apartments, in Kadugodi near Whitefield, were in for a shocking scene on Friday. Continuous rains had filled the nearby canal, and the water level around the apartment complex started rising slowly. Water flooded into the apartment's premises and entered the ground floor of the flats, thereby forcing residents to vacate. The water level outside the compound walls of the residential complex rose to a height of 10 feet.…

Chalet Hotels Private Limited, promoted by K Raheja Corp Group, has sued Hindustan Aeronautics Limited (HAL), for revoking the No Objection Certificate (NOC) given for the construction of  Raheja Vivarea, near HAL surroundings. The hearing of WP 37571/2103, Chalet Hotel V/s Hindustan Aeronautics Ltd, took place on 28 August, 2013. Revoking of NOC for Raheja Viverea by HAL has led to a law suit. File pic - representation purpose only. Earlier, residents of Koramangala, under the banner of Koramangala Infrastructure Task Force, had written to Defence Minister A K Antony urging him to take action regarding what was supposedly an…

Yelahanka Satellite Town was once a very peaceful little town. But the boom in the land prices due to the opening of the International Airport is turning this town into another messy metropolis centre.  Every other road is being converted into a commercial road and every vacant site is being filled with huge complexes at jet speed.  What is hurting is that the Karnataka Housing Board, which designed this beautiful township, themselves are causing this sudden spurt of construction activities.  A huge piece of land with nearly 70-80 trees is now being turned into a concrete structure of some commercial…

The Bangalore Development Authority’s ambitious project of selling apartments has no takers. The demand for a decent home does not seem to end in Bangalore, but people are not interested in BDA flats. The last date by which buyers had to apply for the flats was 31 June, 2013. Under Phase-I, total 4502 flats were constructed by the BDA, in Nandini Layout, Halagevaderahalli, Malagala, Gunjur phase-1, Thippasandra, Doddabanahalli Phase -I, Alur, Kothanur and Doddabanahalli units. Of these, according to BDA, only 700 have been allotted. BDA apartment constructed near Kengeri. Pic: Bosky Khanna Why did BDA get into apartment business?…