PGN Property Management in Bangalore

  Extract the encumbrance certificate (EC) as soon as registration was done. In the newly extracted EC, new buyer’s name should reflect. At the time of registration, a buyer or seller can demand the latest EC from the registrar. No additional cost to demand EC from registrar. The registrar is obliged to provide the latest EC as soon as registration done for your cross verification. In Bangalore, extracting EC at the time of registration is very general norm. you get EC without asking it. If not provided, definitely you should demand. An EC looks like the below image. Page 1 Page 2: If you refer to page 1 of the above EC, column 5 refers to the seller name and column 6 refers to buyer name. (check if the names shown in your EC correct) During the registration process, a registrar writes an allotment number on top of your sale deed. Refer to the below image in circle. This allotment number should match to the EC (Refer to the above EC page 1 & column 9). Whereas allotment number ...

  Here is the real example with step by step procedure to get a property tax ID in Bangalore. Step 1:  Require documents as follows Photocopy of sale deed Photocopy of current year encumbrance certificate Photocopy of project property tax receipt if a property in apartment (your builder should provide this) or land tax receipt if an independent building Step 2:  Locate your municipality limit, your municipality limit could be any one of the below BBMP BDA City municipality (CMC) Panchayat limit (municipality details should be in the schedule of your sale deed or project property tax receipt provided by your builder) Under the municipality limit. locate the ward office of your property jurisdiction. One can locate the ward office through property tax receipt provided by a builder. Refer to the below image in the circle to locate ward office of your property. As per the above tax receipt provided by my builder, my property in BBMP limit and ward is “Hagadooru” and my ward n...

Since you are maintaining landlord and tenant relationship with your partners, you can execute a rental agreement and save tax for rent paid to your parents Below is the step by step procedure to execute a rental agreement in Karnataka, Step 1:  Prepare a draft agreement in word format Step 2:  Buy Rs.100 Non-Judicial E-stamp paper from a co-operative bank, Sub-registrar office, or court near you Step 3:  Print the draft agreement on E-stamp paper Step 4:  Landlord (parents) and tenant (you) should sign the rental agreement Step 5:  Meet  n otary public near you and get the rental agreement notarized This completed the execution of a rental agreement. In Karnataka, we provide rental agreement service, our service includes drafting + execution + notary + home delivered in 2 working days. Same day express delivery available. To opt for our service, please Whatsapp to 9 7 4 2 4 7 9 0 2 0. A rental agreement is a valid document to claim HRA and house rent allow...

  Yes, One can buy a property below the guidance value and pay tax as per the guidance value. If consideration value is less the guidance value. Stamp duty & registration cost should be paid as per the guidance value If consideration value is more than guidance value, Stamp duty & registration cost should be as per the consideration value. It means, whichever is higher that is consideration or guidance value, that is considered for stamp duty & registration payment The idea of guidance value is to avoid the underpayment of stamp duty & registration charges to the government. For more assistance on stamp duty and registration cost, please WhatsApp to 9 7 4 2 4 7 9 0 2 0. Thank you for reading…

  No A property cannot be registered in any sub-registrar office in Bangalore. A property should be registered within a district Registrar. Bangalore Urban had 5 district registrar, they are as follows, District Registrar Office, Rajajinagar District Registrar Office, Gandhinagar District Registrar Office, Jayanagar District Registrar Office, Shivajinagar District Registrar Office, Basavanagudi Each district registrar has up to 10 sub-registrar offices at different locations within the district registrar To find your sub-register office, 1st locate your district registrar, under district registrar, you can register the property at any sub-register office. Below is the list of sub-registrar offices under each district registrar. District Registrar Office, Rajajinagar District Registrar Office, Gandhinagar District Registrar Office, Jayanagar District Registrar Office, Shivajinagar District Registrar Office, Basavanagudi The other simple way to locate your sub-registrar office, follo...

No, Maintenance, rent, and other utilities are paid on pro-rated basis. Tenant is not obliged to pay the bills which are not utilized. “You pay for what you use”. Follow the notice period mentioned in rental agreement, you may have to pay the complete month maintenance cost if you vacate the property without adequate notice to landlord. We provide tenancy renovation at very less cost in Bangalore. Our service includes painting & deep cleaning. To opt for our service, please Whatsapp to 9 7 4 2 4 7 9 0 2 0. Thank you for reading…

Gram Panchayat property tax can be paid either online or offline. Below is the step by step procedure to pay online. Step 1:  Open the website  https://bsk.karnataka.gov.in/ By default the content is in Kanada language, you have an option to translate it to English. Refer to the below image in the circle for transalation. Step 2:  Click on Property tax. Refer to the below image in the circle Step 3:  Enter your mobile number for OTP verification (No registration is require). Refer to the below image for your reference. Step 4:  Click on  “Click here to pay tax”  Refer to the below image in the circle for your reference. Step 5:  Enter application details, which includes Name Mobile No. e-mail id Select District, of the property from the drop-down list Select Taluk, of the property from the drop-down list Select Panchayat, of the property from the drop-down list Search your property either by your name or 18 digit property identification number (Ap...