PGN Property Management in Bangalore

  No General power of attorney (GPA) is possible to anyone but there are few consequences for issuing GPA to non-blood relative NRI Buying: As an NRI, when you buy a property in India, you can give GPA to anyone that includes blood and non-blood relatives. Blood relatives:  Father, Mother, brother, sister, husband, wife, children, Non-blood relative:  cousin, friend, colleague, advocate, or broker The stamp duty for GPA adjudication in India is just Rs. 200/-(for buying property) NRI Selling: As an NRI, when you sell a property in india, you can give GPA to anyone that includes blood and non-blood relative The stamp duty for  blood relatives  is Rs. 200 The stamp duty for  non-blood  relatives is 5% of property value, which is very huge expense. For example: Every property in India has government value irrespective of property type (flat, land, independent house, factory, shop, etc..) Let's consider that you want to sell 3BHK flat in Bangalore India, the government value of the pro

BBMP may not add the date for already processed Khata. You should reapply for Khata. Let me give my experience for the same situation you are facing now. I applied for my 1st khata on 4th April 2016. Below is the image of the payment receipt, khata certificate, and extract. In the below Khata, date is not mentioned. We encircled for your reference. Now I want to sell my flat. We found the buyer and submitted the photocopy of documents to buyer’s bank for verification. Including above khata certificate and extract The bank has rejected my khata certificate and extract, as the date was not mentioned in both my khata certificate and extract. We approached the BBMP office to incorporate the date in my old Khata certificate and extract but BBMP refused to incorporate the information in old document, instead BBMP official suggested us to apply for new Khata extract (reapplication). Following are the documents require for reapplication • Photocopy of old khata certificate and extract (refer a

  Yes, but with few consequences As an NRI, when you buy a property, you can give POA to any of your trusted source in India that includes your father, mother, brother, sister, in-laws, friend, colleagues. The stamp duty for POA is just Rs. 200 (for buying a property) When you sell a property, you have to give POA to your blood relative, the blood relative includes your father, mother, brother, sister, husband and your own children. In-law doesn’t comes under blood relative category, that mean your father-in-law doesn’t come under blood relative category. Stamp duty for blood relative is Rs. 200 (for both buying and selling) For non-blood relative,  You can give POA to your father-in-law but you have to pay government charges (stamp duty, cess and registration cost) at the time of POA adjudication itself (instead at the time of deed registration) For example: Your property value is Rs. 50 Lakh. The stamp Duty is 5.1%X50 lakh = 2,55,000 Cess is Rs. 0.5%X 50 Lakh = 25,000 Registration co

  The cost is depends on type of tile, design, texture, quality, brand and labor. The prominent tile category are Verified Porcelain Ceramic Marble In an average, the cost is Rs. 20–250 per square feet including labor and material. Below is the real example of our on going tile work. The work comprises of demolition, water proofing, plastering, tile fixing, redox ide and grouting. Place : NVT Orchid Garden, Chembanahalli, Bangalore - 562125 Size : 1800 Square feet Material: Roof play tile Price : Rs. 100 per square feet including labor and material Below are the videos of demolition Below is the video of water proofing Below is the video of tile fixing We provide quality tile work in Bangalore at affordable cost. To opt for our service, please write to us pgnproperties@gmail.com or WhatsApp to +91-97424 79020. Thank you for reading….

  A Khata certificate looks like below image There is no concept of B Khata certificate. B Khata property has only extract and the extract looks like the below image We provide end-to-end assistance to obtain A-Khata. To opt for our service, please write to us pgnproperties@gmail.com or  WhatsApp to +91–97424 79020. Thank you for reading…

  This is not at all justified. Below is the actual cost BWSSB new connection : Rs. 400 per square meter Registration : A decent advocate charge around Rs. 7000 including drafting + document paper + printing + registration assistance Khata fee is 2% of your sale deed’s stamp duty. Approx. Rs. 5000. Below is the calculation of your Khata fee For example : the property value is Rs. 50 lakh. you pay the stamp duty of 5.1%X 50 lakh = 2,55,000. The Khata fee is Rs. 2,55,000X2% = 5,100. Most builders follow “After sale strategy” for following services. These cost are hidden and comes as surprise to most customers. Property tax application Khata Transfer Name change in utility connection Electricity meter installation (BESCOM Meter) Water connection (BWSSB) I wish most builders be fair on they pricing but unfortunately most builder are over price and monopolies even though customers don’t want to take they service (its forced sale and customers are forced to buy from builder by monopolizing)

General Power of Attorney (GPA) remains valid till the life of principal or attorney, within they lifetime, one can revoke the GPA at anytime. GPA can be executed with duration validity, For example: for a period of 1 year, 5 year or till the specific transaction or legal task of which GPA was executed. GPA revoked as soon as specified duration, transaction or legal task accomplished. Below is the procedure to execute valid GPA Draft the GPA in word format (the format is different for buying, selling and bank matters) Print the draft on Normal A4 size paper, Get the GPA attested from local notary or Indian consulate in your country Send the GPA to your Attorney holder in India through reputed shipping partner (Ex : Fedex, DHL or your personal source traveling to India) Your attorney holder in India should adjudicate the GPA in District registrar office, in the judication of property located. This completes the procedure to execute GPA in foreign country for a property or bank matters i