Bengaluru development body to show site info on official website
Real Estate

Bengaluru development body to show site info on official website

Those planning to acquire BDA sites are often chosen by fraudsters. Yet, things are looking up as the development authority is working on displaying information concerning their sites on the official website.

The authority is adding a new link to its official website to allow interested buyers access to vital information to protect their interests. Through this link, potential buyers from all over India can have access to all the information about the proposed site.

It comprises the details of the sites available Banashankari, Anjanapura Layout, Arkavathy Layout, Nadaprabhu Kempegowda Layout, Shivarama Karantha Layout, Koramangala, among others.

BDA plans to set up a contract with the sub-registrar office to upload the information of registration immediately. When a keen buyer lists for a site, details will be made available to them instantly. Prior listings on the same site will additionally be displayed on the website. It would protect buyers from being defrauded.

Earlier, if anyone wanted to understand such information about any site, they would have to get an Encumbrance Certificate (EC). But, now, as soon as the planned system is in place, customers can click on the site that they are curious about getting the information of the owners of the four directions, who purchased it earlier, when and other details. It will also render any legal disputes regarding the site. Hundreds of cheating cases, including buying and selling BDA sites, are recorded.

In many cases, the fraudsters have created duplicate documents and sold them to many parties. Some victims think that they are the owners but later find that the site was sold to someone else years ago. Some fraudsters specifically recognise vacant sites, make duplicate documents and sell them. Once the new system is in place, it will assist in reducing the number of such unauthorised deals.

Image Source

Those planning to acquire BDA sites are often chosen by fraudsters. Yet, things are looking up as the development authority is working on displaying information concerning their sites on the official website. The authority is adding a new link to its official website to allow interested buyers access to vital information to protect their interests. Through this link, potential buyers from all over India can have access to all the information about the proposed site. It comprises the details of the sites available Banashankari, Anjanapura Layout, Arkavathy Layout, Nadaprabhu Kempegowda Layout, Shivarama Karantha Layout, Koramangala, among others. BDA plans to set up a contract with the sub-registrar office to upload the information of registration immediately. When a keen buyer lists for a site, details will be made available to them instantly. Prior listings on the same site will additionally be displayed on the website. It would protect buyers from being defrauded. Earlier, if anyone wanted to understand such information about any site, they would have to get an Encumbrance Certificate (EC). But, now, as soon as the planned system is in place, customers can click on the site that they are curious about getting the information of the owners of the four directions, who purchased it earlier, when and other details. It will also render any legal disputes regarding the site. Hundreds of cheating cases, including buying and selling BDA sites, are recorded. In many cases, the fraudsters have created duplicate documents and sold them to many parties. Some victims think that they are the owners but later find that the site was sold to someone else years ago. Some fraudsters specifically recognise vacant sites, make duplicate documents and sell them. Once the new system is in place, it will assist in reducing the number of such unauthorised deals. Image Source

Next Story
Technology

Poonawalla Fincorp deploys five new AI solutions in digital drive

Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted non-banking financial company (NBFC) focused on consumer and MSME lending, has announced the launch of five new AI-powered solutions as part of its enterprise-wide digital transformation strategy. The new systems—Early Warning System (EWS), Travel Bot, RegIntel, Employee Relations (ER) Governance Tool, and AI-based Suspicious Transaction Reporting (STR)—aim to embed artificial intelligence across PFL’s core operations. This initiative goes beyond automation to create intelligent, scalable, and compliance-ready systems t..

Next Story
Technology

HGS launches AI-driven Interaction Intelligence solution

Hinduja Global Solutions (HGS), listed on the BSE and NSE, has announced the launch of Interaction Intelligence—an enterprise-grade artificial intelligence (AI) solution built on the HGS Agent X framework. The platform redefines quality assurance (QA) by transforming it from a routine customer service task into a strategic capability that delivers actionable insights and deeper understanding of customer sentiment. In an era of growing customer expectations for seamless, personalised, and proactive engagement, the Interaction Intelligence solution enables enterprises to analyse nearly 100 pe..

Next Story
Real Estate

Godrej Properties secures RERA nod for Worli luxury project

Godrej Properties Ltd (GPL), one of India’s leading real estate developers, has received project registration from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential project, Godrej Trilogy, in Worli, Mumbai. The development forms part of a joint redevelopment of a prime land parcel in one of Mumbai’s most sought-after neighbourhoods. Spread across approximately 2.63 acres, the project will include three luxury towers. The total gross revenue potential of the development is estimated to exceed Rs 100 billion. Strategically located just off Dr Annie B..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?