Saturday, December 27, 2014

HL Villas Villa Located off Kanakapura Road, Bangalore offered with 2BHK Villas, 3BHK Villas and 4BHK Villas.

HL Villas Villa Area Range 1200-3600 Sq.ft Located off Kanakapura Road, Bangalore offered with 2BHK Villas, 3BHK Villas and 4BHK Villas.

http://bangalore5.com/project_details.php?id=25

Description:
 
HL Villas measure up to your picture of the perfect home in every aspect of the existence. The project enjoys a splendid location with an upcoming Metro Rail and many educational and social institutions in its vicinity. Moreover, it is spread out on an elevated piece of land to give you a picturesque sky view for those over-whelming moments in life. Homeland Builders & Developers have turned your dream of owning a villa at realistic rates in Bangalore into reality with launch of HL Villas.

HL Villas measure up to your picture of the perfect home in every aspect of the existence. The project enjoys a splendid location with an upcoming Metro Rail and many educational and social institutions in its vicinity. Moreover, it is spread out on an elevated piece of land to give you a picturesque sky view for those over-whelming moments in life. Homeland Builders & Developers have turned your dream of owning a villa at realistic rates in Bangalore into reality with launch of HL Villas. Now, you can own a luxurious duplex villa at splendid location surrounded by picturesque surrounding, right next to Dirt Mania (where you can enjoy some dirt biking too!), and several educational institutions & upcoming hospitals. Say goodbye to all those who tell you that it's not possible to buy a villa for less than a crore, and book yours at just Rs 70lakhs* onwards. 


HL Villa Amenities

    Fully Gated Community surrounded by compound Wall with single entry.
    Electricity through under ground cabling.
    Overhead Tank - 24hrs water supply.
    Asphalted road with footpath and tree guard.
    Park and Children play area
    30000 sq ft Clubhouse with Gym
    swimming pool & Kids pool
    Meditation Hall & Multipurpose Hall
    Indoor & Outdoor Games

Club house

Work or play, everything's on hand Whatever your mood, whether you want to chill out with a cocktail or find a quiet space to work on that important document, our Clubhouses have a space to suit. And above all lush green environment ,clean, and pollution free surroundings. With lot of add-ons like, swimming pool, kids pool, indoor and outdoor games etc….
 
Q and A on Property matters

I had signed as a witness to a Will of my friend, who expired recently. His legal heirs have approached the Court and I have been summoned as a witness. I really do not know the contents of the Will, but has seen my friend affixing his signature. Please advise what is my role?

-    Sivaram, Seshadripuram

The witness need not know the contents of the document, Will. There is no need for him to read the text of any document. A witness only witnesses that the parties to the document have signed the documents in his presence. In the Court you may have to testify to this fact.

We are two brothers. Each of us own one site of 30X40 measurements, which are adjacent. All the documents are separate. Even Khatha’s are separate. But, we want to have a common building on both sites with multiple floors. How we have to proceed?

-    Jayanthi, Ulsuru

You have to approach the local municipality for a clubbed Common Khatha in joint names. After receipt of Khatha in joint names, you may submit the plan for common building on both sites to Municipal Authorities.

I have purchased a flat in a recently constructed apartment at Kanakapura Road. The area comes under the jurisdiction of BDA. All the Owners have agreed to form an Association. There is some doubt, where the Association is to be registered, Registrar of Firms or Registrar of Co-operative Society. Some Owners mention that the Association has to be registered with the Sub-Registrar. We seek your guidance?

-    Krishna, Kanakapura Road

You have informed that, the flat is purchased in an apartment building, which is governed by the Karnataka Apartment Ownership Act 1972. As per Section 13 of said Act, Declarations, Deeds of Apartments, floor plans are to be registered under Registration Act 1908. Accordingly to the Owner’s Association, it may be registered with the Jurisdictional Sub-Registrar unless there are compelling reasons not to do so alternatively and it can be registered under the Society Acts for the purpose stated in the Act along with the maintenance of the building.

My father owns a property in Bangalore. It consists of ground floor only; we are two brothers and one sister. Property in question stands in the name of my father, which is self-acquired. I have been granted a home loan to construct the first floor; my sister and brother have given no objection letter to construct the first floor. Later on my brother wants to construct the second floor. But, my father has refused to give no objection letter or even cede our proportionate share in the property. Please advice how to overcome this problem?

-    Mahesh, Chamrajpet

You have stated that, the property is self-acquired by your father, so he has the absolute ownership title, interest. He can deal with the property, as he likes. Question of proportionate share to you arises, only on his expiry without making any Will. If he makes any Will, property will devolve according to the Will. Neither you nor your brother has any right over the property at present. The very idea of constructing additional floor on the property of your father and finding fault with him is wrong. If your father agrees, he may gift undivided share on the land to both of the brothers to enable you to construct floors. Please also examine whether building Bylaws permit additional floors. It is advisable to settle such family matters amicably.

I would like to state that I bought a site in BSK VI stage. I am desired to know more about the area and the progress that is being taken place. By what time the area will be fully developed to proceed on constructing a house? What are the documents other than Sale Deed, Khatha, tax paid receipt required to avail loan from the Banks? Is Encumbrance Certificate to be made if the allotment is made by the BDA directly?

-    Devaraju, Kalasipalya 

You have not informed how you got the site, whether by allotment from BDA or by direct purchase, Banks require title document, which establishes the ownership of Borrowers. In case of direct purchase, apart from your Sale Deed, Khatha Certificate and tax paid receipts in your name, the title documents and revenue documents of the property establishing the right, title, interests of the person who sold the property to you are required. It is necessary to trace how the Seller acquired the property and its origin atleast for forty years. In case of the property is allotted by BDA, the allotment letter, Possession Certificate, amount paid receipts are required in addition to Sale Deed, Khatha and tax paid receipts. Encumbrance Certificates atleast for 13 years or from the date of allotment is essential for any type of property. If you are going for construction, approved plan is also required. Though this column is not for forecasting the future development of any area, the area in which your site is situated may develop within a couple of years.

A year back I purchased a house in Jayanagar. I had paid the Stamp Duty and Registration as calculated by the Sub-Registrar. The Khatha is changed to my name and I have paid the upto date property tax. But, recently I have received a notice from Department of Stamps and Registration (under valuation) stating that the house is undervalued in the Sale Deed, and has demanded me to pay further Stamp Duty. I have paid the Stamp Duty as determined by the Sub-Registrar. Then how the department can issue a notice?

-    Sandeep, Hasaghatta

The Stamp Duty on conveyance of immovable property is based on the market value of the property/guidance value. If the market value is less than the guidance value, Stamp Duty has to be paid on the basis of guidance value. If the market value is more than the guidance value, the Stamp Duty is payable on market value. Though you have paid the duty as calculated by the Sub-Registrar, the Deputy Commissioner may within two years from the date of Registration, call any instrument for examination, and if found undervalued, may determine the correct market value and call the party to pay the difference amount. If you have sufficient evidence to show, that value of the property is disclosed is correct market value, you may contest the notice duly supported by documentary evidence. You may also pay the difference amount as demanded and get document endorsed.

Is it safe to buy properties from the Vendors other than BDA or reputed Builders?

-    Vasanth, Thirumanahalli

Properties allotted by the BDA are the best option to purchase. For purchase of property other than this source, requires examination of various documents such as Mother Deed, Khatha Extract, and Khatha Certificate, Encumbrance Certificate etc., to find out whether the Vendor has a valid and marketable title. It is advised to consult an experienced Advocate, who is well-versed in property documents scrutiny before the finalisation of the deal.

I live in a two bed room apartment. The building has two bed room apartments and three bed room apartments. Please state as to whether the common expenses are to be shared equally or it is to be apportioned according to the flat size?
-    Balaji, Hosekote  

Sharing of common expenses is governed by the Bylaws framed by the Apartment Owners Association and generally, it is apportioned amongst the flat Owners in proportion to the super built up area occupied by them. It is calculated at a particular sum per sq.feet.

Before purchasing a property is it necessary to give a Public Notice in a newspaper?

-    Mrs. Gayathri, Cox Town

While scrutinizing the documents of the property, an eminent Advocate well versed in property matters, even though can trace ninety percent title may not sometimes be able to trace encumbrances like prior agreement, simple mortgage, court litigation etc., with respect to the property. Therefore, to safeguard the interest of the Purchaser, it is advisable to give a Public Notice in a leading local newspaper before purchasing the property. It is not binding on any clamant to answer to such notice. However, if any bonafide claimants are there, they will inform about their right, title and interest in the property with documentary proof. Also such notice will inform the public at large that the Purchaser is a genuine buyer of the property.
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