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Is it safe to buy apartment build on an inam land
06-Oct-2023 (In Property Law)
I am planning to buy a flat in a apartment, but when i was checking the document i came to know its Inam Land owner got it from court order in 1961-62. Following are the statement in the court for abolition of Inams - Petitioner is registered as an occupant of the above survey number under section 5 of the Act with premium - Pertitioner has admitted that he was cultivating this extend of the s.No on Vara basis. Inamdar admits it. This survey number is entered in his name as XXX in the Index of the Land register - Hence he is registered as a tenant under section 9A of the Act This apartment have following approvals: - BDA - CC by BDA - A-khata prop - RERA - Major banks like SBI, HDFC etc list this as approved project - Sale deed made to the builders - Endorsement issued by AC stating no case pending on this land. Is it safe to buy it?
Dear Sir, as per your query there is no problem to buy the said property and as per your the property is clear from hurdles and he has got good clear valid right, clear title over the said property. ... by Chandrashekhar Vithal Jadhav, Advocate & Law Consultant, Bangalore.
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Adv. Chandrashekhar Vithal Jadhav
Bangalore | 200+ Answers
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Respected Sir,
Firstly: If you have an endorsement issued by AC court with regard to no case pending, it is very much clear that the property is free from any sort of litigation.
Secondly: Irrespective of Banks providing loans or approving the loans is nothing to do with the land they issue very vaguely. Any known person by the builder in the bank. The bank will approve loan sanctions to the buyers easily.
Thirdly: Even if there is any name registered in Land register, you need not worry, kindly go through the person’s family tree, conversion order from authorised authority as non-agricultural land or residential land, encumbrance certificates upto date. And finally and most important on whose name the BDA approved the land.
Thank you.
Regard—
ADVOCATE GANESH B R
HIGH COURT OF KARNATAKA.
Firstly: If you have an endorsement issued by AC court with regard to no case pending, it is very much clear that the property is free from any sort of litigation.
Secondly: Irrespective of Banks providing loans or approving the loans is nothing to do with the land they issue very vaguely. Any known person by the builder in the bank. The bank will approve loan sanctions to the buyers easily.
Thirdly: Even if there is any name registered in Land register, you need not worry, kindly go through the person’s family tree, conversion order from authorised authority as non-agricultural land or residential land, encumbrance certificates upto date. And finally and most important on whose name the BDA approved the land.
Thank you.
Regard—
ADVOCATE GANESH B R
HIGH COURT OF KARNATAKA.
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Adv. Ganesh B R
Bangalore | 25+ Answers
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