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Showing posts from March, 2021

What are the basic documents to check, while buying property in Bangalore?

  Here is the list of basic documents to check while buying a property in Bangalore. The document requirement is slightly different for land, flat and independent building hence listed the required documents across all the three categories of properties. Land purchase: Mother Deed Sale Deed Encumbrance certificate (EC) Khata Certificate and Khata Extract Tax paid receipt RTC / Phani Conversion certificate Layout approval plan from municipality (BIAPPA/ BDA/BBMP) PTCL endorsement Family Tree certificate No objection certificate (NoC) from bank if property was brought on loan No objection certificate (NoC) from safety, water, and electricity boards General Power of Attorney Seller’s Aadhar and PAN Flat Purchase from Builder: Mother Deed Sale Deed Encumbrance certificate (EC) Khata Certificate and Khata Extract Tax paid receipt Project broucher RERA Approval certificate RTC / Phani Land conversion certificate Building approval plan from municipality PTCL endorsement Family Tree certif...

How do you find the application number to pay the BBMP property tax in Bangalore, India?

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Find the application number in your property tax receipt. An application number (or PID number) is a 10 digit number. Refer to the below image in the circle for your reference. If you just bought a property from a builder, developer, or landowner. If you don’t have an application number for your property. You should apply for new property tax application from your BBMP ward office. Documents required for property tax application: Sale deed Encumbrance certificate (EC) Property Tax application Fill the property tax application and submit the above-said documents to your BBMP ward office. Lead time: 30 working days. Once you receive 10 digit application number from BBMP. You can log in to BBMP website and pay your 1st-time property tax. (No online channel to apply for property tax application. It's a completely offline process) We provide assistance in filing new property tax application. To opt for our service, please Whatsapp to 9 7 4 2 4 7 9 0 2 0. Thank you for reading…

How do I get BBMP tax paid receipts of previous years (from 2013 to 2015)?

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  Here is the step-by-step procedure to download previous year's property tax paid receipt. Step 1:  Visit BBMP website  https://bbmptax.karnataka.gov.in/ Step 2:  Click on “Downloads” in menu and click “Receipt Print”. Refer to the below image in the circle for your reference. Step 3:  Select the “year” and type your 10 digit application number. Refer to the below image in circle for your reference. Enter the captcha and click submit. Step 4:  Your transaction details will be displayed. Click “Download” and you can see the downloaded PDF at left bottom of the screen. Refer to the below image in the circles for your reference. Step 5:  The downloaded receipt looks like the below image. One can download the previous tax-paid receipt of any year since 2008. FYI We provide assistance in obtaining previous tax-paid receipts. To opt for our service, please WhatsApp to 9 7 4 2 4 7 9 0 2 0. Thank you for reading…

Can I terminate the property agreement after registration? What happens to the stamp duty, registration, TDS, and bank loan disbursed so far? How much penalty do I have to bear?

  SALE AGREEMENT:  One can cancel the sale agreement even after registration if vendor is not fulfilled the terms & conditions or any other unexpected circumstances. Simultaneously cancel the loan disbursement. SALE DEED:  Once the sale deed is registered, you are the legal owner of property. Sale deed cannot be canceled except through civil court order. Government charges of stamp duty, registration, and TDS are forfeited. It is even more complicated if you purchased the property on loan, loan processing fees, admin charges, and MOD changes are wasted. However, you can quickly find the buyer for your property and convey the loan from you to new buyer. Or sell your property with or without margin to evade from bank loan EMI. We provide consultation, to opt for our service, please Whatsapp to 9 7 4 2 4 7 9 0 2 0. Thank you for reading….

How do I get BBMP tax paid receipts of previous years?

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  Here is the step-by-step procedure to download previous year's property tax paid receipt. Step 1:  Visit BBMP website  https://bbmptax.karnataka.gov.in/ Step 2:  Click on “Downloads” in menu and click “Receipt Print”. Refer to the below image in the circle for your reference. Step 3:  Select the “year” and type your 10 digit application number. Refer to the below image in circle for your reference. Enter the captcha and click submit. Step 4:  Your transaction details will be displayed. Click “Download” and you can see the downloaded PDF at left bottom of the screen. Refer to the below image in the circles for your reference. Step 5:  The downloaded receipt looks like the below image. One can download the previous tax-paid receipt of any year since 2008. FYI We provide assistance in obtaining previous tax-paid receipts. To opt for our service, please WhatsApp to 9 7 4 2 4 7 9 0 2 0. Thank you for reading…

How do I give a power of attorney to someone in India from Australia?

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  First, let me explain the eligibility criteria and then provide the real example of how we executed the POA for sale deed registration and loan clearance Eligibility Prefer to give POA to your blood relative because the stamp duty is just Rs. 200/- for blood relative. POA to non-blood relative is 6.6% of your selling or buying price (5.6% of stamp duty and 1% of registration cost). However, you can offset this cost at the time of sale deed registration. Father, mother, brother, and sister are considered as blood relatives. In-law, nephew, and cousins doesn’t come under blood relative category. If you are giving POA to your blood relative, any government-approved ID proof should establish the relationship. For Example: if you are giving POA to your father in India, your Aadhar or passport should have your father name as son of or daughter of POA in Australia can be notarized or attested from Indian embassy. In India, POA should be adjudicated, in the jurisdiction where the propert...