KHB E AUCTION karnataka housing board e auction how to apply New Layout Application KHB AUCTION Site

KHB E AUCTION karnataka housing board e auction how to apply New Layout Application KHB AUCTION Site

VIDEO:

https://youtu.be/ySHE4GBrM6M

WEBSITE:

https://khb.karnataka.gov.in/english

REASON NOT TO PURCHASE SC/ST GRANT LAND PTCL ACT

There will be no legal implications buying self acquired property of a persons belongs to SC/ST community and it is legal as similar to any other transfer of property and there is no risk in buying private land belong to SC/ST which were acquired by them through previous vendors and If the land is self earned then you can Purchase Land from SC/ST.

If the land was granted by the government to SC/ST, then you need to be careful. If the land was re granted by the Government of Karnataka under the scheme of SC/ST. There is a clear prohibition to transact with these lands under law and there is no limitation period to claim back such land by the grantee or his legal Heirs. Any transaction with these lands are illegal and lands will vest back with the original grante. However with the permission of jurisdiction District Commissioner these land can be transferred subject to purchaser shall provide alternative lands to granties.

If the land was granted to persons belongs to SC/ST community, buying such land directly from the grantees or third parties would be subjected to provisions of PTCL ACT (Prohibition of transfer of certain land) wherein such transfer will be declared as illegal and such lands will be returned to original grantee or his legal heirs. However with the permission of District Commissioner and in compliance of law, property can be transferred to third parties.

The preamble of the Act reads:

“An Act to provide for the prohibition of transfer of certain lands granted by the government, to persons belonging to the scheduled castes and scheduled tribes in the state, which means any land granted to the landless agricultural laborer's belonging to scheduled castes and scheduled tribes, cannot be purchased. Anyone who purchases such a property, will not get clear and marketable title; such property will be eventually acquired by Government and returned to the original owner without any compensation to the purchaser.”

The problem lies in the fact that when the grantee goes to sell the land which he is not supposed to the Govt does not refuse to register this Sale but officially accepts it as a legal sale. Later the grantee goes back to the Govt and claims this land back. The law then says the land has to be returned to the grantee without any compensation.

Limitations of the Act a) Land cannot be sold without permission from Govt. within 15 years b) Most grantees sell the land immediately on receiving the granted land. This is officially registered as a Sale of Property by the Govt. of Karnataka. The Transfer of Property Act 1882 c) The original grantee or his heirs can claim the land back after 100 years even if land has changed hands officially through Registered Sale Deeds a number of times.Strangely The Limitation Act Does not apply to this law[7] e) This law is retrospective in natureEx post facto law#India d) The current owner should handover possession including building, trees etc. without any compensation even if taxes are paid and land has been registered in the purchasers name by the Govt. of Karnataka.[8] f) The current owner may have purchased it from another party and may be the third or fourth in line in which the property has changed hands. But only the current owner is expected to bear the loss of all accumulated purchases and sales [9] g) International Real Estate Companies have warned about investing in Bangalore because this law does not have a Limited time period and other laws which lack clarity and need to be altered by the State Govt .

Please add if any points i have missed.

Copied from 

Shivraj Shiva

SCAM ALERT!!!!!!!! RENTING PROPERTY AND LEASING OUT IS BECOME COMMON SCAM BE CAREFULL "THIS FRAUD CAN BE AVOIDED BY REGISTERING AGREEMENT IN REGISTAR OFFICE" Specially leasing big amounts can be secured by registering Agreement in Registar office by paying Register fees, Fees might be lil higher but it will keep you safe and secure. Leasing Property is similar as PURCHASING PROPERTY as your paying 10 to 15% Property value so go to #ADVOCATE and take guidance STAY ALERT START SAFE SPREAD THE WORD!!!! #AGENTALY #BANGALORE #BANGALORESCAM #realestateeducation #Realestatescam #scam2020 #news #realestateadvisory

SCAM ALERT!!!!!!!!

RENTING PROPERTY AND LEASING OUT IS BECOME COMMON SCAM BE CAREFULL

"THIS FRAUD CAN BE AVOIDED BY REGISTERING AGREEMENT IN REGISTAR OFFICE"

Specially leasing big amounts can be secured by registering Agreement in Registar office by paying Register fees, Fees might be lil higher but it will keep you safe and secure.

Leasing Property is similar as PURCHASING PROPERTY as your paying 10 to 15% Property value so go to #ADVOCATE and take guidance

STAY ALERT START SAFE

SPREAD THE WORD!!!!

#AGENTALY

#BANGALORE #BANGALORESCAM #realestateeducation #Realestatescam #scam2020 #news #realestateadvisory 

65 TIPS FOR PURCHASING PROPERTY PLOTS SITES AGRICULTURAL LANDS FLATS APARTMENT LEGAL DOCUMENTATION

TIPS FOR PURCHASERS OF IMMOVABLE PROPERTY

Search for AGENTALY

1. Invest your hard earned money in projects promoted by renowned developers

having proven track record. Do not go by glossy brochures or attractive

advertisements. Do not believe the words, 'Financial Institutions approved

Projects'.

2. Check up the documents with a learned Advocate. Ensure that the documents of

title of the property you intend to purchase are clear. Defective title will

create problems at any point of time.

3. Always go for a property, which has a resale value.

4. Ensure that the building has been constructed as per the sanctioned plan and

if any deviation in the allowed limits. It is not in a low-lying area or in a

filled up water body.

5. You may always rope in the services of a reputed real estate agent and fix

his commission well in advance.

6. Purchase the property in a developing area. The value of land will

appreciate.

7. If you prefer a ready-to-occupy Flat, locate it off the main road on a wide

street with adequate water supply away from slums, cinema hall, marriage hall,

open drain, factories, place of worship but not very far from school, college,

commercial complex, temple and hospital.

8. If you buy the flat/building under construction, visit the work site

regularly and see the work progress.

9. You may not be a Vaastu believer, but purchase house or flat or land that is

Vaastu-friendly from resale point of view.

10. If any one offers flats/sites for a cheaper rate than the prevailing market

rate, there may be certain hidden problems. So you should be extra-ordinarily

careful on finalisation of such a property.

11. Ensure that the developer has Clearance Certificates from government

departments viz., Electricity Board, Water and Sewage Board, etc..

12. Commencement Certificate and Occupancy Certificate are other important

documents that are necessary while buying the flats.

13. Check up the genuineness of the documents with the concerned authorities in

person.

14. Ensure Agreement for Sale and Sale Deed, duly stamped, executed and

registered are in your possession. Both should contain fair clauses for both

the parties.

15. In case of flat purchase, specification of the building, including material

used, difference between the carpet area and the super built-up area are the

important factors to decide the rate. Other facilities like Club House,

Swimming Pool etc., also will have to be considered.

16. Check whether there is adequate water supply and sanitary line facility.

17. In case of GPA transaction ensure the validity of GPA.

Documents Required

The Documents required for scrutiny of the title will vary in each case. In

general the following documents are required to verify the title deeds of the

property. However, based on these documents, further documents will also be

required to come to conclusion.

Documents required for purchase of BDA property (formerly CITB)

1. Allotment Letter.

2. Receipts of payment of site value.

3. Lease-cum-Sale Agreement.

4. Possession Certificate.

5. Absolute Sale Deed

6. Khatha certificate from the BDA

7. Tax paid receipts from the Bangalore Development Authority.

8. Khatha Certificate from the Bangalore Mahanagara Palike(if it comes under

Corporation Revenue Jurisdiction.

9. Tax paid receipts from the Bangalore Mahanagara Palike.

10. Encumbrance Certificate from the date of allotment to the date of

possession.

11. Re-allotment Letter / Re-conveyance Deed if property re-conveyed by the

BDA.

12. Documents to prove why BDA re-conveyed the property.

Documents required for purchase of Converted Revenue Lands

1. Conversion Order issued by the Deputy Commissioner.

2. Conversion amount paid Receipt.

3. RTCs for thirty years issued by the Village Accountant

4. Tax Paid Receipts issued by the Village Accountant

5. Documents of ownership

6. Mutation Register Extracts

7. Akarband/Tippani/Podi Extracts

8. Surveys/Boundary Map

9. Village Map

10. Nil Tenancy Certificate

11. Confirmation from the competent authority that there is no acquisition

proceedings.

12. Layout Plan Approval by the competent authority.

13. Khatha Certificate issued by the Revenue authority.

14. Latest Tax Paid Receipts

15. Encumbrances for the last 30 years

16. Validity of the Power of Attorney

17. Zonal Regulation Map.

Documents required for purchase of Agricultural Land

1. Origin of the Property

2. Flow of Title

3. Mother / Parental Deeds

4. Index of Land and Records of Rights

5. Grant Certificat e if any / Saaguvali chit

6. RTC/Phani extracts for the last 30 years

7. Relevant Mutations / Extract

8. Endorsement from competent Authority confirming that there is no acquisition

proceedings.

9. Village Map

10. Survey map

11. Akarband, Tippani, Poddi Extracts

12. Relevant Sale Deeds.

13. C.D.P. Plan pertaining to the area.

14. 79 (A) & (B) Certificate under Land Reforms Act.

15. Land Tribunal Order, if any.

16. Certificate for change of survey number, if any

17. Nil Tenancy Certificate

18. Latest Tax Paid receipts.

19. Encumbrance Certificate for last 30 years.

20. Family Tree of the Vendor

21. Endorsement from Tahsildar that the land does not fall under

"Grant" or "Inam" category.

22. Phani of the Purchaser

As Received.

HOW TO PAY BBMP PROPERTY TAX ONLINE PAYMENT #bbmp #bbmptax #bbmppropertytax #onlinepayment #mobile

HOW TO PAY BBMP PROPERTY TAX ONLINE PAYMENT #bbmp #bbmptax #bbmppropertytax #onlinepayment #mobile

BBMP TAX (Google search link)

https://www.google.com/search?q=bbmp+tax&oq=bbmp+tax+&aqs=chrome..69i57j69i59j69i60l3.3409j0j7&client=ms-android-vivo&sourceid=chrome-mobile&ie=UTF-8

ONLINE PAYMENT DIRECT LINK

https://bbmptax.karnataka.gov.in/

TAX RECEIPT DOWNLOAD

https://bbmptax.karnataka.gov.in/Forms/PrintForms.aspx?rptype=3

APPLICATION PAYMENT STATUS

https://bbmptax.karnataka.gov.in/Forms/continuepayment.aspx

How to pay BBMP Property Tax

BBMP property tax can be paid either manually or online.

Online mode

Go to BBMP property tax portal

Enter earlier SAS Application Number or PID (both available on last receipt) and click on ‘Fetch’ which will display property owner details

Click on ‘proceed’ if details displayed are correct and no changes in the property and this will take you to form

If there are any changes in the property such as property usage, built up area or its occupancy, check the box provided on the page and then click on ‘proceed’ which will take you to form V

Ensure details pre-filled in the form displayed including tax computation are correct and / or modify relevant details in case of change and proceed to pay either fully or in installments and either via online or via challan

Choosing online payment option will take you to payment page where you can choose to pay either through net banking or credit / debit card and complete the payment. Once the payment is completed, a receipt number will be generated and it takes 24 hours for E-receipt to be available on the portal. Receipt can be printed/downloaded here:

If you face any problem while paying online and payment is incomplete, you can resume the payment using current SAS Application number here:

Further, for any problems faced while using online mode, you can contact BBMP either at contactus@bbmp@gmail.com or raise complaint here: 

Manual mode

Fill all the applicable forms take them to either of the following and pay either by card or a Demand Draft:

Bangalore 1 centre

Assistant Revenue Officer offices

Following banks also have been authorised to collect the tax:

Canara Bank

Axis Bank

HDFC Bank

ICICI Bank

Link to bank branches of authorised bank can be accessed here 

Also interesting to note that BBMP has tied up with the following banks for property tax payment

IDBI

Corporation Bank

Indian Overseas Bank

YES Bank

Kotak Mahindra

Indian Bank

SBI

Maharashtra Bank

Indusind Ban

If you have chosen challan payment while filling the form online, you can pay the tax at any of the above centres or banks.

 Tax Benefits

Property tax paid can be deducted from Gross Annual Value (GAV) of the property while computing income under house property in the FY in which it is paid if the following conditions are satisfied:

GAV of the property is not NIL (self occupied house property)

Property tax is paid by the owner

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HOW TO PAY BBMP PROPERTY TAX ONLINE PAYMENT #bbmp #bbmptax #bbmppropertytax #onlinepayment #mobile

HOW TO PAY BBMP PROPERTY TAX ONLINE PAYMENT #bbmp #bbmptax #bbmppropertytax #onlinepayment #mobile

BBMP TAX (Google search link)

https://www.google.com/search?q=bbmp+tax&oq=bbmp+tax+&aqs=chrome..69i57j69i59j69i60l3.3409j0j7&client=ms-android-vivo&sourceid=chrome-mobile&ie=UTF-8

ONLINE PAYMENT DIRECT LINK

https://bbmptax.karnataka.gov.in/

TAX RECEIPT DOWNLOAD

https://bbmptax.karnataka.gov.in/Forms/PrintForms.aspx?rptype=3

APPLICATION PAYMENT STATUS

https://bbmptax.karnataka.gov.in/Forms/continuepayment.aspx

How to pay BBMP Property Tax

BBMP property tax can be paid either manually or online.

Online mode

Go to BBMP property tax portal

Enter earlier SAS Application Number or PID (both available on last receipt) and click on ‘Fetch’ which will display property owner details

Click on ‘proceed’ if details displayed are correct and no changes in the property and this will take you to form

If there are any changes in the property such as property usage, built up area or its occupancy, check the box provided on the page and then click on ‘proceed’ which will take you to form V

Ensure details pre-filled in the form displayed including tax computation are correct and / or modify relevant details in case of change and proceed to pay either fully or in installments and either via online or via challan

Choosing online payment option will take you to payment page where you can choose to pay either through net banking or credit / debit card and complete the payment. Once the payment is completed, a receipt number will be generated and it takes 24 hours for E-receipt to be available on the portal. Receipt can be printed/downloaded here:

If you face any problem while paying online and payment is incomplete, you can resume the payment using current SAS Application number here:

Further, for any problems faced while using online mode, you can contact BBMP either at contactus@bbmp@gmail.com or raise complaint here: 

Manual mode

Fill all the applicable forms take them to either of the following and pay either by card or a Demand Draft:

Bangalore 1 centre

Assistant Revenue Officer offices

Following banks also have been authorised to collect the tax:

Canara Bank

Axis Bank

HDFC Bank

ICICI Bank

Link to bank branches of authorised bank can be accessed here 

Also interesting to note that BBMP has tied up with the following banks for property tax payment

IDBI

Corporation Bank

Indian Overseas Bank

YES Bank

Kotak Mahindra

Indian Bank

SBI

Maharashtra Bank

Indusind Ban

If you have chosen challan payment while filling the form online, you can pay the tax at any of the above centres or banks.

 Tax Benefits

Property tax paid can be deducted from Gross Annual Value (GAV) of the property while computing income under house property in the FY in which it is paid if the following conditions are satisfied:

GAV of the property is not NIL (self occupied house property)

Property tax is paid by the owner

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bbmp tax for 2019-20

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HOW TO APPLY FOR BDA CORNER AUCTION SITES RULES BDA Sites Auction BDA AUCTION SITES LOCATION Bengaluru Development Authority

BDA AUCTION

AGENTALY

BDA WEBSITE NOTIFICATION LINK

https://eng.bdabangalore.org/e---auction.html

BDA SITES BIDDING LINK

https://eproc.karnataka.gov.in

General terms and conditions for E-auction

Sites E-Auction Rules

1. The auction purchaser should be a Citizen of India.

2. Address proof: Any one of the following documents attested by a Gazetted Officer / Notary /Embassy Office (in the case of NRIs) shall be uploaded:

a) Voter ID, b) Driving License, c) Passport, d) Unique ID number (Aadhar).

3. PAN Card is compulsory and its copy should be uploaded on the e-Auction portal [to beattested by a Gazetted Officer/Notary/Embassy Office (in the case of NRIs)).

attested by a Gazetted Officer/Notary/Embassy Office (in the case of NRIs)).

4. Signature & Photo Identity should be uploaded on the e-Auction portal [Attested by a Gazetted Officer /Notary/Embassy Office in the case of NRIS)]. Please download the prescribed format.

5. The auction purchaser shall mention correct eMail address, mobile number and landlinenumber while participating in the e-Auction.

number while participating in the e-Auction.

6. Minors / persons without computer knowledge are eligible to participate in the auction through their guardians or friends. While doing so, the name and related documents of only the person purchasing the property must be submitted/ uploaded on the e-Auction portal while participating in the e-Auction.

7. The auction purchaser who desire to have the sites jointly registered should upload the details of the persons concerned on the e-Portal. Only blood relations, viz., spouse, sons or unmarried daughters are eligible for joint registration along with the auction purchaser.

The relationship of such person should be clearly mentioned.

8. Partnership firm may participate in the auction. However, the partnership firm should have been registered in India before participating in the auction.

9. EMD amount is fixed at Rs.4.00 lakh (Rupees Four Lakh only) per site and this amountalong with the e-Auction fee should be remitted as mentioned on thee-Procurement portal. This amount should not be remitted to the BDA's account.

10. All legal proceedings in respect of the auction sites are subject to the jurisdiction of Courts in Bengaluru only.

along with the e-Auction fee should be remitted as mentioned on the e-Procurement portal. This amount should not be remitted to the BDA's account. EMD amount is fixed at Rs.4.00 lakh (Rupees Four Lakh only) per site and this amount

11. Five minutes of delta time shall be extended to the last moment bids in the e-Auction.

12. BDA reserves the right to withdraw the sites notified for auction at any time during auction period without assigning any reason,

13. BDA reserves the right to accept or reject the bid made by the successful bidder without assigning any reasons.

14. Advice letters will be sent by e-Mail to successful bidders (highest bidders) to remit 25% of the total cost after deducting EMD amount of Rs.4.00 lakh within 72 hours from the closing time of e-Auction to the below-mentioned BDA's Bank Account; and the challan for remittance should be submitted to the Accounts Officer, Finance Department ('D' Block, 2 Floor, Room No.308).

If the advice letter has not been received, the auction purchaser has to calculate 25% value and remit it as per the fixed time or receive the advice letter by visiting the head office of BDA and remit it as per the fixed time.

Bank Name:- Corporation Bank, BDA Branch, Kumara Park West, Bengaluru-560020.

Current Account Name:-Bangalore Development Authority, Bengaluru.

Current Account Number:- 5201410XX6XXXX

IFSC Code No.:- CORP00XXXX Mode of Payment:- RTGS/NEFT

15. Where 25% of the total cost is not remitted within 72 hours by the successful bidders (highest bidders) or where 25% of the total cost is remitted after the prescribed time, the EMD amount of Rs.4.00 lakh shall be forfeited by the Authority.

16. As per IT Act, 1961 Sec. 194 1A, where the sale consideration exceeds Rs.50.00 lakh, the auction purchaser should deduct 1% of the total amount payable and remit the same to the IT Department.

17. In case there is a difference in the dimension of the site (Less / More), the full amount (less TDS) as per the dimensions in the e-Auction notification / letter of confirmation of auction site has to be remitted within the prescribed time. If the remittance is not made within the prescribed time, action will be taken as per the Disposal of Corner Sites and Commercial Sites Rules, 1984 of BDA. In case there is a difference in actual dimensions of the site (less/more), the excess amount, if any, remitted by the auction purchaser due to lower dimensions shall be refunded by BDA without interest. Similarly, any incremental amount due to higher dimension of the site shall be remitted by the auction purchaser as advised by BDA.

18. Bidder / auction purchaser shall abide by the Disposal of Corner Sites and Commercial Sites Rules, 1984 of BDA(Document is attached as part of the e-Auction documents.).

19. For demonstration of live bidding & learning the process of bidding, visit BDA Head Office during office hours. Bidding by BDA on behalf of a bidder shall not be undertaken during the Demonstration

For location of sites and other details, log on to https://eproc.karnataka.gov.in Also visit our website: www.bdabangalore.org

For e-bidding clarification, queries or any other information please contact (e-Procurement Help Desk) No. 080-23010900/23010901

Q&A

1. How do we bid? Is it online like eBay (login every day and increase bid till the auction end date) or by going to the location on a particular day (like they show in movies)?

==> It's entirely online.

2. I see there are 2 fees mentioned on the site: Rs. 100 as auction fees, Rs. 1 lakh as caution deposit (or something similar). If I don't win the auction, will I get the caution deposit? How will I get the money back? Are there are any terms here?

==> The caution deposit (EMD) can be paid online (credit/debit card) or offline (Bangalore One or at few Axis Bank branches). I did it online as it's very convenient. This should be done while submitting "Interest of Participation" for a particular site. You can choose to bid for more than one site (but make sure you don't end up as a highest bidder (unintentionally) for more than one site ) - in that case you need to pay the EMD separately for each site that you want to bid.

==> I think BDA has increased the EMD to 4 Lacs now.

==> All unsuccessful bidders will get their EMD back once the e-auction is complete. I got my EMD back via NEFT after a week.

3. I have read that 25% of the auction amount should be deposited within 72 hours of the auction closure. Should this be paid on BDA's e-procurement website or throgh cheque? Will BDA sign a sale agreement upon payment?

==> If you are the successful bidder, then you will have to pay 25% - EMD within 72 hours to the specified Account no. - this can be done either via RTGS/NEFT. I think you can also pay it via Demand draft (but I think they won't accept cheque).

==> no, there won't be any sale agreement. You need to visit BDA office and get the challan. You also need to produce one passport size photo at that time.

4. What about the rest 75% of the auction amount? By when should this be paid?

==> They will send you a letter via post which will contain the details like - the site no. you have bid, amount you have already paid, remaining amount yet to be paid and by when you need to pay that amount. Normally you will have 45 days "after receiving this letter". But note that the letter itself may come to you after 1 or 2 months after the bidding (you will need to keep enquiring the status every week by calling them). So, effectively you will have more than 2 months time to pay the remaining 75%.

5. What if I want to apply for a plot+construction loan? Will I have to arrange for the 25% amount by myself (within 3 days), and apply for the loan later? Will BDA give enough time for the loan processing?

==> You will have to arrange the 25% within 3 days from your own source. Later you can apply for plot loan (may be plot+construction loan as well) - in fact, the bank (HDFC/Axis) agents only will start calling you - so, getting a loan won't be difficult.

You can go through this document for the e-auction procedure -->

Bengaluru Development Authority |

Town Planning Member; Fees, Tax and Fines; Budget; Flats/Layout; Notification; Tender; E- Auction; Important Links; Act and Rules

http://bdabangalore.org/eng/

Plots for sale in Bangalore through BDA e-auction. Bid & Buy! - ReLakhs.com

Own a site hassle-free by participating in BDA's e-auction. How to participate in BDA online auction? Know the entire bidding

https://www.relakhs.com/plots-for-sale-bangalore-bda-auction/

Karnataka government to sell BDA plots, eyes Rs 15,000 crore | Bengaluru News ...

1 day ago · ... government on Monday decided to auction about 12000 BDA sites and regularise unauthorised constru

https://timesofindia.indiatimes.com/city/bengaluru/karnataka-government-to-sell-bda-plots-eyes-rs-15000-crore/articleshow/75132508.cms