Real Estate India, Residential Commercial Real Estate Properties India

Question asked by Arjun: I am planning to buy a plot in devanhalli area in Banglore. I have been told that there is inadequate supply of water in the area. At the same time there is a lot of residential and commercial development happening in the area. Assuming that in a few years the water supply is not made, but these plots have been registered, can I sue the Bangalore water and sewage supply board for lack of water? Vatsala Answers: The Bangalore Water Supply and Sewerage Board (BWSSB) is the premier governmental agency responsible for sewage disposal and water supply to the Indian city of Bangalore. The BWSSB undertakes to supply water only to areas coming within its jurisdiction. Besides, the layout should be approved by the proper authorities. Only then the BWSSB is responsible for water supply. However the law of torts is not very well developed in India and suing the BWSSB for lack of supply may not get a favourable judgement, although you do have a cause of action on which you...

Question asked by Michael: I am an American. Can I buy Indian property? If yes then how? Vatsala Answers: A foreigner can purchase immovable property in India only by interfacing with the Reserve Bank of India for funding the purchase. For more information, kindly visit at Real Estate India or Online Real Estate Video .

Question asked by Ahmed from New Jersey, USA: "How long does it take to register a property and how much does it costs?" Vatsala Speak: The time taken for title inspection varies from 3 days to 7 days, depending on the documents made available. The process of taking a bank loan may take 3 weeks to a month. The costs associated are lawyer’s fees, agent’s fees, bank loan processing fees, stamp duty and registration costs and in case of flats, other costs like various deposits and car parking charges, tax, etc. For more information, kindly visit at Real Estate India or Online Real Estate Video .

Question asked by Alok from Santa Clara, USA: "Hi, i am planning to buy a property in Bangalore but I am not clear about what documents I need to register a property in India? Can you help me with the registration process followed in India?" Vatsala Speak: The documents required differ if it is an agricultural land, flat, independent house, etc. Generally speaking the sale deed can be registered with supporting documents like Khata (called by various names in different parts of India), tax paid receipts, General Power of Attorney if applicable, Sanctioned plan if it is an apartment or house, parent document and conversion certificate (if property is in Karnataka). In additions some pre printed affidavits and forms should be filled up and presented along with the Demand Draft towards stamp duty and registration fees. For More information about Real Estate Properties , kindly contact us at Real Estate Company India .