BMRDA approved but unreleased site (from 40%) sold & registered by builder /promoter
I have purchased a plot (30x 40) in a BMRDA approved layout in Jigani, Bangalore , but my site, which is already registered in sub registrar office in Bannerghatta is in the 40 % unreleased list of plots . However, Axis Bank has also given the loan.
The builder /promoter is not existent now & is not responding.
Please advise the further course of action to release the plot & whether i can construct an eco house with solar panels & own borewell etc without plan approvals.
The Layout is not developed by the builder & there is no electricity, park & facilities etc.
How can i alone get my plot released for construction ? There may be other unknown plot owners in the layout, who may have unreleased plot, but it is not possible to contact them or converge on developing the layout ourselves as the funding required is huge.
Can BMRDA acquire a registered unreleased plot ?
The total layout is about 24 acres & no of plots is about 350. Please advise. I could consider to progress the case further on basis of legal opinion & way forward. The BMRDA approval is dated during year 2006-07 & i have purchased in year 2008, hence perhaps RERA doesn't apply. Thanks. My email id is [deleted]
Asked 7 years ago in Property Law
Religion: Hindu