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Things To Consider While Investing/ Buying Property

HOME SERVICES PROJECTS HOME LOAN HOME INTERIOR LEGAL BLOG CONTACT US Things To Consider While Buying Property Complete Guide To  Buying  Property  Sanctioned building plan from the local authority(BBMP). The Completion Certificate (CC) and Occupancy Certificate (OC) Possession certificate Khata of the property Conversion and land-use permissions Construction approvals Encumbrance Physical survey and access to the property Status of tax payment Nature of title: Leasehold, freehold, or development right Regulation and Development Act, 2016 (RERA) Sanctioned building plan from the local authority(BBMP) A sanctioned building plan from the local authority (BBMP) means that the building plan for a particular property has been approved and has met all the necessary regulations and requirements set by the BBMP. The property owner can proceed with the construction or renovation of the building based on the sanctioned plan. The Completion Certificate (CC) and Occupancy Certificate (OC) A Completion Certificate (CC) is a document issued by the local authority (BBMP) that certifies that a building has been constructed as per the approved building plan and has met all the necessary regulations and requirements set by the BBMP. It is issued after the inspection of the construction site. An Occupancy Certificate (OC) is a document issued by the local authority (BBMP) that certifies that a building is fit for occupation and can be used for its intended purpose. It is issued after the building has been completed and all necessary inspections have been carried out. The OC certifies that the building is safe for its intended use and meets all fire safety and other safety requirements. Both the CC and OC are important documents for the property owner as they ensure that the building is constructed and occupied legally and safely. Possession certificate A possession certificate is a document issued by the government that certifies an individual’s ownership of a property. It serves as proof of ownership and can be used for various legal transactions related to the property. The certificate usually includes details such as the name of the owner, the address of the property, and the date of possession. It is an important document for property transactions and is required for various government procedures such as obtaining a home loan or selling a property. Conversion and land-use permissions Conversion and land-use permissions refer to the process of obtaining approval from the government to change the use or purpose of a piece of land. This typically involves converting agricultural land into residential or commercial land, or changing the use of a commercial property to a residential property. In order to obtain conversion and land-use permissions, an individual must follow the procedures set out by the relevant local or state government authority, which may include submitting an application, providing relevant documentation, and paying any associated fees. The government will then assess the application and determine if the conversion or change of use is in line with local planning policies and regulations. It is important to note that conversion and land-use permissions are governed by local laws and regulations, and can vary from state to state in India. Failure to obtain the necessary approvals may result in legal consequences, such as fines or the requirement to revert the land back to its original use. Construction approvals Construction approvals refer to the process of obtaining permission from the government to construct a building or other structure on a piece of land. The approval process is typically required for new constructions, additions, or renovations to existing structures. To obtain construction approvals, an individual must follow the procedures set out by the relevant local or state government authority, which may include submitting plans and designs, providing documentation, and obtaining necessary permits. The government will then review the plans and assess if the proposed construction is in compliance with local building codes, zoning regulations, and environmental laws. It is important to note that the process of obtaining construction approvals can be complex and time-consuming, and can vary depending on the jurisdiction and the nature of the project. Failure to obtain the necessary approvals can result in legal consequences, such as fines, or the requirement to demolish the structure. Hence, it is essential to have a thorough understanding of the local laws and regulations, and to engage the services of professionals, such as architects, engineers, and lawyers, to ensure a smooth and successful approval process. Encumbrance certificate An encumbrance certificate is a legal document issued by the government that provides information about any outstanding liabilities or obligations related to a property. It is a critical document for property transactions as it certifies that a property is free from any outstanding debts, mortgages, or legal disputes. The encumbrance certificate includes details such as the name of the property owner, the location of the property, and the status of any mortgages, liens, or other obligations associated with the property. It also includes information about any previous transactions or transfers of ownership. The encumbrance certificate is important for individuals who are buying or selling a property, as it provides assurance that the property is free from any outstanding debts or legal disputes. It is also used by financial institutions when granting loans against property, as they need to ensure that the property has clear ownership and is free from any encumbrances. It is important to note that the issuance of an encumbrance certificate is governed by local laws and regulations, and can vary from state to state in India. The validity period of the certificate may also vary, and it is important to obtain a current certificate at the time of the transaction. Physical survey and access to the property Physical survey and access to a property refer to the process of evaluating and inspecting a property in person. A physical survey is conducted to determine the exact boundaries, size, and location of a property and to identify any physical features such as buildings, structures, trees, and waterways. Access to the property is also necessary to conduct a physical survey, as it allows the … Read more

Best Luxury Villa Projects in Bangalore North-2023

best luxury villa projects in bangalore

Menu HOME SERVICES PROJECTS HOME LOAN HOME INTERIOR LEGAL BLOG CONTACT US HOME SERVICES PROJECTS HOME LOAN HOME INTERIOR LEGAL BLOG CONTACT US Best Luxury Villa Projects in Bangalore  2023 for hassle free homes buying experience, do connect with us.  Bangalore is known for its luxury villas which offer a perfect blend of elegance, luxury, and comfort. These villas are located in some of the most sought-after areas of the city, such as North Bangalore, which is known for its lush green environment and proximity to some of the city’s best schools, hospitals, and Bangalore International Airport. Home Loans are available from all the leading financial banks. The best luxury villa projects in Bangalore come in various sizes, styles, and designs, with features such as private swimming pools, large gardens, and state-of-the-art security systems. Some of the best villas in Bangalore offer panoramic views of the city, making them perfect for those who appreciate the finer things in life. If you are looking for the best luxury villa projects in Bangalore and want to own one of the most iconic new addresses in the city, you are at the right place. Below are the Best Luxury Villa for sale in Bangalore 2023 The numberings are indicative and all these projects are having good no of availability.Project Name Adarsh Tranqville Adarsh Wisteria Radiance Gardenia (Row House) Mims Northdale (Row House) Adarsh Palm Acres Assetz Earth And essence (Row House) Total Environment After The Rain Prestige Sanctuary Sobha Galera Embassy Boulevard Top 10 Best Luxury Villa Projects in Bangalore 1) Adarsh Tranqville Adarsh developer is one of the few reputed builders in Bangalore having three-decade-long experience in the industry and is known for the quality of their products. Adarsh group created some of the best luxury villa projects in Bangalore and Adarsh Tranqville is one of them. located at a serene corner of Hennur main rd., Adarsh Tranqville is considered one of the few best villas in north Bangalore considering the tastefully curated villa and landscape design. Every villa is off-center to its plots, with a 50ft. long garden overlooking the living and dining area and a 46ft. wide backyard to ensure you are surrounded by abundant greenery. the ample greenery and landscaping soothes your mind and makes you feel like you are miles away from everything Project Highlights:- Land Area- 14 Acres Total Units- 114 NOs Configuration – 4/5 BHKs Completion- 2025-MAR For more information…  2) Adarsh Wisteria Adarsh Group has extensive luxury residential projects to its name across Bangalore as it has built some of the Most premium Villas in Bangalore. Imagine living in a thoughtfully designed, light-filled, high-end villa. Then imagine your location not only midway between central Bengaluru and the international airport, but also stands within its own vibrant community. Adarsh wisteria is a new era of stylish living. Adarsh wisteria is considered to be one of the best luxury villa projects in Bangalore for sale. Project Highlights:-  Land Area- 3 Acres(Phase I ) Total Units- 27 NOs Configuration – 4 BHKs Completion – 2023-Mar For more information…  3) Radiance Gardenia (Row House) Luxury lifestyle homes in a resort setting inspired by a Balinese tropical garden theme. Radiance reality is a Chennai-based developer run by the 4th generation, so they are very deeply rooted in the construction industry and developed a few best communities towards the North and northeast parts of Bangalore. Radiance Gardenia is a mix of a luxury row house and Villaments located at off Hennur Rd. North Bangalore. The luxury high-end Villa got many premium amenities and is aesthetically designed and crafted to ensure the privacy of the residents. Project Highlights:- Land Area – 11.6 Acres Total Units – 249 (119 Villa  +130 Villament)  Configurations – 3,4 & 5 BHKs Completion –  2025-DEC For more information…  4) MIMS Northdale MIMS Northdale is one of the few reputed builders in Bangalore. They have decade-long experience in the industry known for the completion of projects on or before time. MIMS Northdale created some of the best Villa Communities across Bangalore. MIMS Northdale at Hennur main rd., near decathlon, is the definition of splendor and is considered to be one of the top-Row villas in North Bangalore.It is a unique blend of a resort along with residential mansions, catering high-end living to residents. Project Highlights:- Land area- 2 Acres Total Units – 28 NOs Configuration- 4 BHKs Completion – 2025-Dec For more information… 5) Adarsh Palm Acres The Project design is inspired by the famous central park landmark in New York City, the Adarsh Palm Acres central park has an impressive green space that encourages a relaxing and healthy atmosphere for residents. Designed by site concepts, the landscaping also features an assortment of recreational amenities.  Adarsh Palm Acres is an expansive unprecedented pristine villa development. with a host of privileges, designed around a lush multi-faceted central park spread. On offer, here are three Vaastu-compliant villas spread across phase I and Phase II ranging between 3,150 sq. ft. to 4,000 sq. ft. and one additional type of 5,400sq.ft. in phase III. Project Highlights:- Land area- 150 Acres Total Units – 250 NOs (Ph I & Ph II) Configuration- 3/4 BHKs Completion – 2023-Dec onwards For more information… 6) Assetz Earth And essence (Row House) Earth & Essence is located in the upcoming hub of North Bangalore. A short and pleasant drive o the Bangalore International Airport Road will lead you to your new neighborhood where there are no looming skyscrapers, just calm and wide open spaces. The Earth & Essence environs and homes are placed in a quiet enclave just off Bangalore International Airport Road, and it is set across 25 rolling acres, divided into 4 phases of development. In phase 1 of this alfresco lifestyle offering, we present 67-row houses ranging in size from 3, 4, and 5 BHK. It is rich with many amenities that define elegance. Project Highlights:- Land area- 25 Acres Total Units – 67 NOs Configuration- 3/4/5 BHKs Completion – 2025-Dec For more information… … Read more