Document by joint director of town planning
Planning to buy 6th floor of 11 storied apartment
The developer has provided me with the "BBMP/Addl.Dir/JD NORTH/LP/0309/2012-13" document which states that the sanction has been provided for the construction of BF+GF+7 UF.
Whereas the plan showed by the developer is BF+GF+11 UF, with two blocks (same configuration)
When i inquired with the developers, they told me that they have requested for the additional clearance from BBMP and have provided me with the receipts for Transfer of Development Rights (TDR) they have submitted against the additional permission for the extra floors. They stated that they will receive the clearance certificates from BBMP very soon. (I am not very clear about this situation with TDRs, an explanation in the answer will be appreciated)
Also, when i checked the FIRE NOC, it had the permission for BF+GF+7 UF for one block and BF+GF+11 UF for the other block( Actually the construction is happening for both the blocks for BF+GF+11 UF).
I am planning to book in the 6th floor of the block which has fire NOC uptil 11th floor
So,
1. If there is a legal dispute actually in place, will my buying at the 6th floor be affected?
2. If they are not able to provide the documents for additional clearance from BBMP, would the TDR receipts be sufficient for me to go ahead and at least pay the token amount to book the apartment?
Asked 8 years ago in Property Law
Religion: Hindu
I had physically visited the property, they have actually constructed till the 11th floor already in both the blocks.
1. How legit is their claim that they are going to get additional clearance from BBMP(w.r.t. to the TDR receipts that they have provided me).
2. When you say OC would not be issued, do you mean OC would not be issued to any of the apartments (even till the floors they have obtained permission for)?
Asked 8 years ago
