IS IT SAFE TO BUY BDA APPROVED SITES?
Yes, it is generally safe to buy BDA approved sites. The Bangalore Development Authority (BDA) is a government body that is responsible for the planning and development of Bengaluru. BDA approved sites are those that have been developed by the BDA or by private developers who have obtained approval from the BDA.
BDA approved sites offer a number of advantages, including:
- Legal security: BDA approved sites are legally secure, as the BDA has verified the ownership of the land and the legality of the development.
- Basic infrastructure: BDA approved sites typically have basic infrastructure, such as roads, water supply, and drainage, in place.
- Appreciation in value: BDA approved sites are generally located in desirable areas and tend to appreciate in value over time.
However, it is important to note that even BDA approved sites can be risky if you do not do your due diligence. Here are a few things to keep in mind before buying a BDA approved site:
- Verify the ownership of the land: Make sure that the seller is the rightful owner of the land. You can check this by obtaining a copy of the title deed.
- Check for any encumbrances: Make sure that the land is free of any encumbrances, such as mortgages or liens. You can check this by obtaining a copy of the encumbrance certificate.
- Verify the development approval: Make sure that the developer has obtained all necessary approvals from the BDA. You can check this with the BDA office.
- Check the layout plan: Make sure that the layout plan is approved by the BDA and that it complies with all building regulations.
- Get a legal opinion: It is always advisable to get a legal opinion from a qualified lawyer before buying any property, including a BDA approved site.
For more info click Link: Bangalore Development Authority website: BDA Bangalore
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