Question asked by Mr. Siddharth from Mumbai, India:
Hi, I need your guidance.
I had booked a flat 2.5 years back from a reputed builder in Mumbai. Even though I have already paid all the amounts as agreed and mentioned in the registration document, the builder is not giving possession of the flat. He wants additional [...]
Archive for the ‘Builder’ Category
What should be done if the builder is demanding extra money for an apartment?
Posted in Builder, Compensation, Consumer court, India, Indian Property, Indian Real Estate, Jurisdiction, Mumbai, New Construction, Possession, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Registration, Residential Property, Sale Deed, Sale of Properties, citizen of India, legal, tagged Builder, Consumer court, consumer forum, environmental clearance, flat, harassment, Indian Property, Indian Real Estate, Mumbai, property possession, Property Registration on October 27, 2009 | Leave a Comment »
Is it correct to stop Association’s services to defaulters, in case of apartments?
Posted in Builder, India, Indian Property, Indian Real Estate, Karnataka, Real Estate, Residential Property, atoneplace.com, tagged arbitration, BESCOM, Builder, BWSSB, bye-laws, Court, defaulters, Indian Property, Indian Real Estate, Karnataka Apartments Ownership Act, Karnataka Essential Services Maintenance Act, mediation, power failure, water treatment plant on October 27, 2009 | Leave a Comment »
Question asked by Narayan Aras from Karnataka, India:
BACKGROUND:
Our nearly 3 years old apartment is registered under Karnataka Apartments Ownership Act, 1972.
(available here: http://www.karnataka.gov.in/dpal/pdf_files%5CAPARTMENT%20OWNERSHIP%20ACT,%201972-new-9.pdf)
(hereinafter, called KAOA in short)
All our expenses are shared through (a) interest on the corpus collected by the builder, and (b) monthly contribution. (The interest on corpus pays for 40% of the total [...]
Can one repatriate money back to US if in case he has not registered the property in his name?
Posted in Bangalore, Builder, Buy Real Estate, Capital gains, India, Indian Property, Indian Real Estate, Karnataka, NRE account, NRI, Non Resident, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Registration, Repatriate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com, banglore, legal, tagged Bangalore, Builder, Capital gains, car parking, Indian Property, Indian Real Estate, NRE account, NRI, Property Registration, repatriation, Residential Property, sale price on October 27, 2009 | Leave a Comment »
Question asked by Karan Chandran from USA:
Hello, I am an NRI(Indian Citizen – US Green Card Holder) living in the United States. I am in the process of buying a flat with a builder in Bangalore. I have paid about 80% of the flat’s price so far. The price of the flat is around 58 [...]
Will I become party to evasion of stamp duty?
Posted in Bank, Builder, Buy Real Estate, Capital gains, India, Indian Property, Indian Real Estate, Loan, Possession, Premium, Property Registration, Property Tax receipt, Real Estate, Residential Property, Sale Deed, Sale of Properties, Sales Tax, Service Tax, VAT, citizen of India, tagged Builder, car parking, income tax, Indian Property, Indian Real Estate, Loan, registry, Resale, Sale Deed, Service Tax, Stamp Duty, VAT, white money on October 24, 2009 | Leave a Comment »
Question asked by Anonymous:
Hi I have a question to ask. I bought a house from Builder in Hyderabad in August 2006. The agreement of sale was for 33 lakhs. The registry was done at a lower cost 18 lakhs in august 2006 itself. The flat was under construction that time. I also took [...]
What can be done if a developer does not meet the terms & conditions he has agreed upon in the agreement signed?
Posted in Bangalore, Builder, Buy Real Estate, India, Indian Property, Indian Real Estate, Jurisdiction, Karnataka, Possession, Real Estate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com, banglore, citizen of India on June 30, 2009 | Leave a Comment »
Question asked by Mr. Rahul from Bangalore :
Dear Vatsala,
First of all thank you for your time, I got to know about your website through my friend and I would like to have your advise about one thing .I was about to book a flat in Bangalore and paid him 1,00,000 Rs since he did [...]
Is that true that khata transfer is the last process concerned to builder and flat owner?
Posted in Builder, Buy Real Estate, India, Indian Property, Indian Real Estate, Khata, Possession, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Registration, Residential Property, atoneplace.com on June 30, 2009 | Leave a Comment »
Question asked by Mr. Venkata Ramarao Kota :
Hi, My name is Venkat. I have bought a flat in Raja rajeswarinagar on Oct 2007. And there are many pending issues from the builder. And that is the reason i dint apply for the khata, as some people told that once i got khata transfer, [...]
Is there any Government Rule written regarding the collection of maintenance charges from flat owners?
Posted in Builder, Buy Real Estate, India, Indian Property, Indian Real Estate, Real Estate, Residential Property, atoneplace.com on June 30, 2009 | Leave a Comment »
Question asked by Mr. Surya Gopan :
HI, I would like to know the rules about apartment monthly maintenance charge;
Is there are a govt rule written in how the maintenance charge need to be collected/divide from flat owners? In my apartment there are 2 and 4 BRs Flats. The association is trying to divide [...]
How can the genuinity of the plots being offered be checked?
Posted in Builder, Buy Real Estate, India, Indian Property, Indian Real Estate, Possession, Property Registration, Real Estate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com on June 30, 2009 | Leave a Comment »
Question asked by Anonymous :
Hi, I recently came across a real-estate blogger who has posted some plots and I am kind of interested in buying one. However, how can I check the genuinity of the plots being offered? Whether it has some legal issues or not and that the developer is the owner and [...]
What is the normal procedure for filling a case in consumer court?
Posted in Bangalore, Builder, Buy Real Estate, Consumer Act of India, Consumer court, India, Indian Property, Indian Real Estate, Karnataka, Possession, Property Registration, Real Estate, Residential Property, Sale of Properties, atoneplace.com, banglore on June 30, 2009 | Leave a Comment »
Question asked by Mr. Surya Mishra from Bangalore :
Hello, I am thinking of buying a property in Bangalore, but horror stories from people have scared me so long. I need some advice regarding various scenarios faced by my friends and how to resolve them.
1. The builder arbitrarily scraps the project and refuses/delays to pay [...]
Is it mandatory to go have Katha certificate issued by BMP / BBMP for buying a property in Bangalore?
Posted in Bangalore, Bank, Builder, India, Indian Property, Indian Real Estate, Karnataka, Khata, Loan, NRI, Real Estate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com, banglore, legal, tagged Bangalore, khatha, Real Estate, Residential Property, Sale Deed, Tax on June 27, 2009 | 1 Comment »
Question asked by Kiran from Florida, USA:
Sir/Madam,
I was going through some of the posts at your website.
I have an issue and require your assistance.
I am Kiran living in Florida, USA.
I wanted to buy a 3-Bed Rood apartment in Bangalore.
We checked the documents provided by the builder with a lawyer and as we got a [...]