Bangalore property|2bhk apartments for sale in bangalore|flats|lands for sale in Bangalore
Bangalore
town has big by leaps and bounds within the last 2 3 decades particularly when
the IT boom of the eighties.The real estate sector has conjointly unbroken pace
with the expansion of town and the variety of properties have also big in
lakhs. Town space has magnified to over 800sq kms from mere a hundred thirty sq
kms 3 decades agone. so there are nearly 18-19 lakhs properties at this time
within the town limits, out of that BBMP is obtaining tax from 15-16lakhs
properties. With the increase in property costs several embezzled layouts have
sprung up and therefore the frauds within the property dealings have also
magnified. In several cases one property is oversubscribed to several innocent
consumers who are knock at the doors of courts. Similarly, several money
establishments and Banks are duped by the fraudsters by availing loans from
many banks on one property with cast documents.
To manage
the higher than issues and to create property transactions clear the Survey and
Settlement and Land records Department of BBMP has launched a unique
project,(UPOR)Urban Property possession Project underneath that the Property
Register Cards (PRC) are going to be issued to the eligible property homeowners
within the Bangalore town.As per Mr.V.Ponnuraj,Commissioner, of the aforesaid
department, within the initial part the department can implement this project
in 50wards out of the 198wards within
the town and every one wards are going to be coated in 2-3 years time. He conjointly aforesaid the project are going
to be enforced through private agencies which can be paid by the department and
not through (PPP) private Public Partnership model. The once price per property
card are going to be around R.300–400, which can be collected from the property homeowners at the time of issue of
PRC’s.
Property Record Card:
The
department can maintain in one property register all the main points of the
individual properties in an exceedingly info of the fresh developed package for
this purpose. It’ll contain details of the individual properties like
possession, any liabilities on the property, survey details on a map like form,
area, dimensions etc, and conjointly map of the neck of the woods. This can be
created mandatory for all properties within the town. This can provide AN
identity to the property and might be utilized in property transactions, for
availing bank loans, to pay property taxes etc.
How Project are going to be
implemented?
Before doing
survey each landholder are going to be issued a notice and later the officers
can demarcate the boundaries of the property. The officers can take some images
of the property and can conjointly collect details of mode of acquisition on
whether or not ancestral property, allotment by BDA, allotment from housing societies,Tax paid details, liabilities on the property etc., and these details
are going to be keep within the info when cross checking with the records of
the relevant government departments. For this purpose package is made and this
can bring down the implementation amount to 2-3years from five -10 years if
done manually.
Every
property can have a file containing onerous and soft copies of the main points.
Once the draft prc is prepared a similar are going to be issued to the property
homeowners. a similar will be revealed in department web site, in town survey
offices and revealed in leading Newspapers business for any objections from
general public / property homeowners inside a amount of 30days.The officers are
unconditional with similar judicial powers United Nations agency can verify the
objections and just in case of minor
objections a similar can be resolved by them. If there are any major
objections, court litigations, a similar are going to be recorded within the property file. When finishing these formalities the ultimate PR card are going
to be generated and issued to the property homeowners.At the time of issue of PR card homeowners
photograph and hand biometry (all 10 fingers) are going to be taken. The
prescribed charges are going to be collected at the time of issue of ultimate
PR cards.
Benefits to the voters
The PR card
are going to be the identity of the property. This can be employed by the
property homeowners altogether property connected transactions, will simply
avail bank loans because the burden on the property are going to be mirrored
within the card, will use it for paying capital levy. The cardboard are going
to be handy at the time of applying for modifications, building plans approval
and alternative dealings with the Bruhat Bangalore Mahanagara Palike. The khata
is merely AN account with the BBMP for assortment of taxes and isn't a property
title, as everybody believes.Similarly, the Sale Deed is one among the documents
of property that authenticates the Sale dealing and can not make sure
possession, since the Sub- Registrar’s workplace won't verify genuineness of
the property possession at the time of registration.Since,the PR card includes
all the main points of the property like mode of acquisition, measurements,
photos, survey report, neck of the woods map, any loans on property, etc., the
PR card can make sure the possession of the property.The sale transactions
takes place quicker since getting opinion work are going to be reduced and
frauds will be avoided.The consumers will also get benefited since PR cards
will contain additional details of the irregularities within the property like
embezzled layouts, encroached properties, legal proceeding properties etc.
Benefits to the civic authorities
The civic
authorities can have elaborate info of all the properties underneath its limits
and might simply monitor civic and aggregation problems.The embezzled layouts,
encroached properties, building arrange violations etc., is simply monitored
and acceptable actions is taken against the violators as per law.Once all the properties are additional to the info of the package nonpayment is
checked thereby increasing the revenue of the involved authorities.The
authorities will give higher amenities to the residents and improve
infrastructure, with increase in revenue collections.
Conclusion
The aim of
the project is kind of applaudable and extremely helpful if effectively
enforced as planned.The authorities should take foolproof measures to plug any
loopholes at the time of implementation of the project.Further,the project
needs to be enforced inside the timeframe mounted.
More,
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