BSNL, Central & State Govt. IT Employees & Retired Employees HBCS Ltd launched its new project Bsnl Credence on Nandi Hills Road. Bsnl Credence is a unique residential layout among all the House building co-operative society projects in Bangalore.
Luxury, Location, and Low-cost make these BSNL Plots the most desired and lovable project near the Bangalore International Airport

INR 799 / Square feet for First 50 Applicants only!!!!  Book Now!!!
Speak with Experts (M:+91 0000000000)

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Contact:+91 0000000000,  +91

Greater Greens BSNL layout  Devanahalli  Doddaballapur road

To speak with our Expert regarding BSNL Employees and Citizens House Building Co-Operative Society Ltd norms and regulations kindly fill up below details.

Why should You Invest in Greater Greens BSNL layout  Devanahalli  Doddaballapur road ?

1) All payment will be directly made in the name of Society and payment receipt issued by the secretary of society along with membership id.

2) Rate/Square feet the best one would get as per our Survey under installment schemes.

3) Location of this layout is excellent.

4) Proposed Information Technology Investment Region(ITIR) from Karnataka State Govt in 10,000 acres of land.KIADB ha acquired around 2800 acres near Devanahalli for this purpose. This Project is located around six km from our layout.

5) Airport Cargo Village started its operation in 2009 spread over 1000 acres.

6) A cumulative investment of around INR 115000 crore worth in around this region.

7) Employment opportunity for around 2 lakhs professionals.

8) There are SEZs along with Apparel Park nearby.

9) Confirmed plot allotment.

Frequently Asked Questions

1 Does this society follow National Green Tribunal norms and regulations for lake zone and storm water drains?
Yes. 75 meters for lakes. 50/35/25 depending upon the category of Rajakaluve.
2 When was Housing Society set up?
The housing society was set up in the year 2012. The registered number is JRB/RGN/24/41774/12/13.
3 Membership and Plot allotment is it legal for members outside the parent Department?
Yes. It is legal from the year 2009. Karnataka Government has issued
gazette notification on 3rd Nov 2009.
4 How many membership categories are there in Karnataka Co-operative House Building Act?
Four categories of membership. For parent company employees
Membership under the category of Regular Membership. For others
under the category of Associate Membership.
5 Do they have registered office in Bangalore?
Yes.
6 Is there any provision in Co-Operative Housing Society Act to transfer allotted plots to another Society/association?
Chapter 16 –E of Co-Operative Housing Society Act clearly says
membership can be transferred to a firm, a company or anybody/
corporate constituted under any law for the time being in force
including a society registered under the Karnataka Societies Registration Act, 1960.
7 Are there any additional charges to be paid?
Registration Charges extra and betterment charges as per BIAAPA norms at the time of registration. (app: 15-35/sqft).

 Amenities Greater Greens BSNL layout  Devanahalli  Doddaballapur road

Contact:+91 0000000000,  +91    By :Vidyadhar Naik.

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Recent statement from state co-operation minister H S Mahadeva Prasad

“Government is working out on a solution for execution and delivery of sites to housing society members.”

Government should consider following factors while doing any amendments in the existing co operative housing society act.
1 Change of usage of land should be done on a single window scheme by appointing a separate agency. This would cut down time spent in processing all documents among various departments.
2 Large parcel of land should be permitted for change of   usage of land
3 Percentage of Associate membership should be increased in order to facilitate outsiders with state domicile to buy plots from these housing societies.
4 Plot should be allotted and registered within one year from the date of payment of all installments. Otherwise interest should be paid on the total amount for delayed
period.
5 Developer should register all plots in the name of society. Last minute tussle between Developer and Society should be avoided.
6 Society should not charge additional amount on the basic land cost as mentioned to its members.
7 Society should publish its progress report on acquisition of land and development activities on periodic basis to its members.
8 Members Investment should be safeguarded in proportion of land acquired by the society.
9 There should be transparency on the percentage of money spent from the members installments made to society.Money collected should not be diverted to other projects of
the society.

State Government should mitigate on these problems, site seekers should get sites on time. Co-operative Housing Societies in Bangalore can be a model to other housing societies in the country?.

By Vidyadhar Naik- Local Space. M: 00000000000

The post Co-opertaive Housing Societies in Bangalore appeared first on LOCAL SPACE.

 Farm House and Farm Land in Bangalore

INR 650/Sqft.

Plot size:2178 sqft

Plot size: 5445 sqft

Booking amount 30% Total cost.

Bank loans from HDFC and ICICI

Local Space brings you finest and best Farm House and Farm Land in Bangalore  with club membership under the foothills of Shivaganga and Kengal Hills. Located 55 kms from Yeshwantpur Bangalore and 3kms from Dabaspet on Bangalore-Tumkur Highway road. Unique opportunity to own Farm Land and Resorts membership in Bangalore. Resorts in Bangalore are common. But owning a farm land in Resort is specially made for you.

Under the foot hills of natural and holy serenity Shivaganga and Rocking Kengal. The sparkling background of nature’s beauty and privately held gated community farm land plots with built to suit cottage option.

Book now and own your Farm House and Farm Land in Bangalore

Bookings open now.

For Details call :  00000000000.

The Mumbai-Bangalore Corridor is likely to have exponential growth in residential, commercial and industrial segments along Bangalore-Tumkur National Highway NH4.

Why one should invest in the Bangalore-Tumkur Corridor.

1   Elevated Express and Flyover connectivity from Bangalore to Tumkur.
2  Bangalore Mysore Infrastructure Corridor (BMIC)
3  Metro Rail Phase I and II
4  Proposed Peripheral Ring Road
5  Presence of Global corporations like such as ABB. Kennametal, Widia,     ITC,Volvo, BOC, Reliance Packing Industries,etc. apart from                   small scale industries manufacturing ancillary parts for PSUs, automobile industries, garment industries, etc
6  The 14,000-acre zone around Vasantanarasapura village, will incorporate the Smart City and a Japanese village under National Investment and Manufacturing Zone (NIMZ
  A tech hub nearly 42 times the size of Electronics City is coming up in Bangalore’s backyard, complete  with a Japanese village and road, rail, and port connectivity). About 35 per cent of the land is to be dedicated to the manufacturing sector only. A food park will come up over 100 acres, while a machine tools park will get 500 acres
7 The likely investment into the zone is Rs 50,000 crore under NIMZ.
8  Estimated 2.5 lakh jobs, direct and indirect once MIMZ project completed.
9  The shifting of the Peenya industrial belt to Dobbaspet is also going to help Dobbaspet and surrounding area picking up its industrial activity.

Also see

http://www.business-standard.com/article/economy-policy/mumbai-bangalore-corridor-metro-to-transform-tumkur-road-113061301105_1.html

http://www.bangaloremirror.com/bangalore/cover-story/Bigger-by-42-fold-Tumkurs-NIMZ-will-give-eCity-a-complex/articleshow/38333013.cms

By  Vidyadhar Naik  M:0000000000

.

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The Health and Family Welfare Employees Housing co-operative Society Ltd has  announced their new layout Health City IVC Road – Devanahalli, Bangalore and 29 Kilometers from Vidhanasoudha. Health City IVC road  is situated on upcoming 300 feet Road.  The layout is next to Max – Worth Residency layout & 8 km from Sobha Life style Villa. The proposed 10000 acers ITIR-Information Technolgy and Investment Region  is 10 min drive from this layout.  A cargo has been proposed in Devanahalli near to this layout. The layout is 10min drive from Airport entrance. Land appreciation is happening very fast due to international airport area and ITIR.

Click me to read Facts Very Important

Basic Amenities in this Layout:

The layout will be formed with 80ft,60ft,40 ft & 30ft road, underground water supplying lines, sewerage lines, overhead and underground electrical lines, overhead water tank, septic tank. Planting of trees on both sides of the roads, necessary CA area, park area will be provided to the layout. Entire work will be executed as per the BIAAPA norms and specifications.

Booking and payment Details:

“Health city Bangalore” Provides Site dimensions of 30X40, 30X50, 40X60, and50X80. Rate per sqft is Rs.760.Payment will be made in four installments in between 30 months of time period. Booking of the plot will be accepted on 30% of down payment of total sale value. The remaining balance amount has to be paid in 3 installments as and when demanded depending upon the development of the layout. Time required for the completion of layout will be about 30 months. Allotment of plot will be confirmed on the first come first serve basis. The members who are interested in booking of the site can make the payment in favour of Health and Family Welfare Department Employees House Building Co-operative Society Ltd.either by DD/Cheque or pay order payable at Bangalore.

Registration charges extra as per government rules. Bank loans will be available from Nationalized and Scheduled Banks during the time of Registration.

Payment Schedule

Health City Doddaballapur Road CLICK HERE

Vidyadhar Naik-  Member NAR and BRAI-  Expert -Times of India Group.

M:0000000000

Facts you Should Know

FAQS (Frequently Asked Questions)

Q1) When Housing Society (Health Dept) was established?

Ans: Housing society was formed in the year 1987 and registered at Mysore bearing Reg. No AR/41/MKT/RGN/12239/86-87.

Q2) Do they have registered office in Bangalore?

Ans: Yes. They do have registered office in Bangalore.

Q3) How many layouts they have formed till date?

Ans: They have successfully completed two layouts in Mysore of around 450 sites

Q4) How many are on -going projects?

Ans: Two in Bangalore. 1-Dpoddaballpur Road 2-IVC Road and one in Mysore.

Q5) Membership and Plot allotment is it legal for members outside the parent Department?

Ans: Yes. It is legal from the year 2009. Karnataka Govt. has issued gazette notification on 3^rd Nov 2009.

Q6) Under which category we are eligible for membership and plot allotment?

Ans: There are four types of membership categories. We are eligible under associated membership Category.

Q7): Is there any provision in Co-Operative Housing Society Act to transfer allotted plots to another Society/association?

Ans: Chapter 16 –E of Co-Operative Housing Society Act clearly says membership can be transferred to a firm, a company or anybody/ corporate constituted under any law for the time being in force including a society registered under the Karnataka Societies Registration Act, 1960.

Q8) Can we transfer our membership/plot allotment?

Ans) Yes. You can do it by paying Rs 10 and filling up transfer of shares in a prescribed form from the date of completion of your membership tenure of one year and also you will get benefit of plot rate prevailing at the time of transfer.

 Q9) whether this lay out will have civic agency approval?

Ans: This layout will get approval from BIAAPA (Bangalore International Airport Area Planning   Authority)

Q10) What is the present market rate in around IVC road with civic agency approval?

Ans: Present market rate is INR 1200-1800/square feet where registration time is 6-12 months.

Q11) Why You should Invest?

Ans:

1) All payment will be directly made in the name of Society and payment receipt issued by secretary of society along with membership id.

2) Rate/Square feet the best one would get as per our Survey under installment schemes.

3) Location of this layout is excellent. Proposed 300 feet road which connects Doddaballapur road and International Airport Road.  Existing 50 feet road which is maintained very well. Surrounded by many layouts like Max, Sobha etc.

4) Proposed Information Technology Investment Region(ITIR) form Karnataka State Govt in 10,000 acres of land.KIADB ha acquired around 2800 acres near Devanahalli for this purpose. This Project is located around six kms from our layout.

5) Airport Cargo Village started its operation in 2009 spread over 1000 acres.

6) A cumulative investment of around Inr 115000 crore worth in around this region.

7) Employment opportunity of around 2 lakhs professionals.

8) There are SEZs along with Apparel Park nearby.

.

9) Confirmed plot allotment in the first phase.

12)Is there any additional charges to be paid?

Ans: Registration Charges extra and betterment charges as per BIAAPA norms at the time of registration. (app: 15-35/sqft).

                                                        Bangalore Real Estates- www.bangalorerealestates.in Email:vmnonline@bangalorerealestates.in M:0000000000 Tele:+91 80-41733395

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Huge demand for residential plots in Bangalore along with flats and availability of the same improving a lot. The demand and supply tending towards equilibrium. Time since Government of Karnataka tried to make Urban development structured one, the demand for residential plots in Bangalore also increased . I would like to list how residential plots in Bangalore opportunity is being created and complications involved in the same. Which plot is right one to buy?

Following factors contribute for formation of new residential plots in Bangalore.

1 Increasing population.

The city’s population stands at 95,88,910 as of now, according to  Census 2011 data released here . One of the most attractive employment destinations in the country over the last decade or so, Bangalore’s population has grown by 46.68 per cent, between 2001 and 2011, up by nearly 12 percentage points over the growth rate of 35 per cent in the previous decade.

2 Bangalore is Information and Technology Hub of the country.

Bangalore including Mysore, Mangalore and Hubli contributes 40% of Total IT Exports. Around 3.5 lakhs IT professional are working in Bangalore. Average salary drawn by IT professional(4-8 years experience) is between 8 – 16 lakhs depending upon organization. Average productivity in Company like TCS is 47000US$/person. This is much higher in companies like IBM and Accenture due to their services in cutting edge technologies. Around 55-60% is spent on salary component. This gives clear picture of property buying index for IT professional is much higher compared to others.

3 BDA unable to form time bound new Residential plots in Bangalore quantitatively.

4 Extension of BMRDA jurisdiction paved way for private developers to form new  residential lay outs which are BMRDA approved.

5 Completion of Outer ring Road, Nice Road corridor, Metro and Completion of Kempegowda International Airport Road, Emerging Neo Bangalore near Hoskote, Fresh Tender Call for Bangalore-Bidadi Infrastructure corridor.

6 Formation of Andhra and Telangana would create huge investment opportunity towards north Bangalore and demand for residential plots which are DTCP approved.

7 Financial Institutional provide loan for buying these sites with certain terms and conditions.

Misguiding Factors for common buyer in purchasing residential plots in Bangalore

1 Common buyer can not do much on the following .

a)      Karnataka Town and Country Planning Act 1961

b)      Karnataka Land Reforms Act 1961

c)       Karnataka Revenue Land Act 1964

Loop holes of these laws give opportunity for  private developers to use intelligently in formation of residential layouts which are illegal by process and act. Such layouts carry only endorsements by concerned authorities.

Right Plot to buy

1 BDA approved

2 BMRDA/BIAAPA/BMICPA approved ( Only Released sites)

3 DTCP approved(Only Released sites)

4 NOC issued by local planning authority for formation of residential plots in Bangalore and also mentioning that there will not be any future acquisition of land by authorities.

5 If you are buying plots within BBMP jurisdiction I suggest to hire services of professional Lawyer who has expertise in property domain. BBMP limit sites include many revenue and Grama thana sites. Akrama and Sakrama applicable sites with buildings on it.

6 Karnataka housing Board developed sites/flats.

By Vidyadhar Naik-Property Consultant

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