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How do you buy a SAFE property?

Bangalore property buyer often get confused with different options available to them for purchase. Also, the recent article in news paper about some builders misrepresenting the approval has created lot of apprehensions among buyers, so are you aware of BDA, BBMP, BMRDA, BIAPPA, MPA, DC Converted, DTCP etc?




Ethical builders like CMRS Group always provide the right guidance and information to buyers. But you can also learn few things yourself. Here is a quick guide to straighten the things out.

First and foremost you should know that Non-farmers are not allowed to purchase agricultural land in Karnataka, only a converted land (Originally most land was used for agriculture) can be used for residential purchase and can be freely sold by anyone. Conversion of land from 'Agricultural' status to 'residential' has to be done by the farmer himself before you conclude your deal and get the property registered. 

Legal Layouts
For the converted land, the plan of the layout needs to be approved by the relevant town planning authority. Bangalore’s Local Planning Area is conceptually organised into three main rings for consideration of zoning and regulations. The inner core is the BBMP area, which has expanded recently, with the inclusion of 110 surrounding villages. This is surrounded by a thin strip which falls under the BDA. This BDA limit is encircled by the BMRDA. The BMRDA, through its five Town Planning Authorities ( Nelamangala, Kanakapura, Magadi, Anekal and Hoskote), is the plan sanctioning authority for all properties falling in the third section.

Again, there is BIAPA that looks into the airport area development, which includes parts of Bangalore North, Devanahalli and Doddaballapur. It has similar  powers as the BMRDA and is a plan sanction authority only for land use around the airport.

There is also the Bangalore-Mysore Infrastructural Corridor Area Planning Authority (BMICAPA) that oversees the area surrounding Bangalore-Mysore Infrastructure Corridor. In Bangalore this includes parts of Kengeri, Uttarahalli and Yeshwanthpur. There are also many village Panchayats that work in these limits which have their own powers.

Development of Apartments
Even if the apartment you plan to buy is on a land which comes under town planning authority and the land has been approved by the same, it is safe to ensure the 'No Objection Certificate' or 'NOC' from BDA. There are two types of NOC. The first is, that so far they have not tried to acquire the land with that particular survey number. The second is, that they do not have any objection to the coming up of a residential layout on that land in future. Both these NOCs are important and necessary.

So, there is lots to validate before you invest your hard earned money in a property. Either you equip yourself with legal knowledge in validating all these or invest in safe properties from ethical builders like CMRS Group which ensures that you are buying a safe property. CMRS Group puts all these in the agreement and indemnify you from any legal hassles that you may be afraid of in future.

For any property advice, free legal advice and any other assistance while buying a property, feel free to call at  +91-7676-122-000 or send an mail to info@cmrsproperties.com

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