Image Of Bangalore City Suffers Due To Demolition Drive

The current demolition drive which resulted in flattening of several illegal structures of Bangalore North property for sale has negatively impacted the image of the city. Several investors who were looking to buy 3 BHK apartments in Bangalore North have now put the buying decision on hold. As uncertainty lurks around everywhere the sales volumes of 3 BHK flats for sale in Bangalore North has been drastically hit down. Making the matters worse is the fact that only individual home owners have been targeted no action has been taken against big commercial structures. Also civic authorities who authorized construction of 3 BHK flats for sale in Bangalore North have gone unpunished. No action has been initiated against the builders who constructed the illegal 3 BHK apartments for sale in Bangalore North.

This is set a negative image in the mind of the customers who were looking to buy Bangalore North property for sale. New companies who were looking to set up businesses here are now looking for alternative locations as instead to setting up a new drainage system the government decided to demolish the homes of hundreds of innocent home buyers. Some people felt that the state government has adopted the easy way by ordering demolition of all illegal properties. Making new drainage system would have been a costly affair whereas demolition drive has been a much economical option.

The demolition drive has created an uncertainty in the market and people who were looking to buy 3 BHK flats in Bangalore North are now reconsidering the decision. Builders of Bangalore North property for sale too are facing consequences of the unannounced drive as the sales volume have fallen drastically. However it is surprising that people who had made profits by selling illegal 3 BHK apartments for sale in Bangalore North have gone unpunished.

BBMP Demolishes Unauthorized Bangalore South Property

Heavy rain had flooded several parts of Bangalore as several lakes started overflowing which bought the city to a standstill.  Several Bangalore South property structures in low lying areas were affected by flooding as water gushed into their abodes. The situation showcased the haphazard and unplanned growth that had taken place in the city. As the BBMP announced the demolition drive to tackle the situation the owners of several 2 BHK apartments in Bangalore south woke up to a rude shock they may not have a roof over their heads. Several owners of 2 BHK flats in Bangalore south were gripped by panic due to drive against storm water drain encroachers.

Although some considered the drive a necessary evil, emotions ran high at the demolition sites. Many owners of 2 BHK apartments in South Bangalore were pleading with BBMP officials to give them more time. Some owners complained that the notices were not issued them. The rulebook however states that the corporation does not need to give notices to owners of 2 BHK flats in South Bangalore as the land through which storm water drain passes technically belongs to the corporation. Also every time the BBMP send notices to defaulting Bangalore South property the owners sensing the danger usually used to obtain a stay order from the high court. This used to prevent BBMP from demolishing illegal Bangalore South property. Therefore this time when rain water flooded the city and the storm water drain encroachment was found as the main reason of flood. The civic authority acted tough and looked to demolish all the illegal structures including defaulting 2 BHK apartments for sale in Bangalore south.

Although some people are appreciating the move a lot of owners of 2 BHK flats for sale in Bangalore south are facing a hard time due to demolition of their abodes.

Greedy Owners Of Bangalore East Property Flout City Rules

As the demolition drive affects the owners of 1 BHK flats in Bangalore East, or 2 BHK flats in Bangalore East, and 3 BHK flats in Bangalore East people have been quick to point the fingers at corrupt bureau and state officials. But does all the blame lie with them? Yes it is true that so many illegal of 1 BHK apartments in Bangalore East or 2 BHK apartments in Bangalore East and 3 BHK apartments in Bangalore East can only come up if the state government supports corrupt practices. But this is also true that somewhere the common man is also involved in this mess.

Many owners of Bangalore east property have also encroached lands illegally. Several people have illegally extended their properties for sale in Bangalore east so that they can add more space to their abode. Others have converted the garages and parking lots of their Bangalore east property into small shops like boutiques, stationary stores, pharmacies, etc. Owners of such flouting properties for sale in Bangalore east greased the hands of officials and it was a win-win situation for both. As a result the city saw clogged as cars and two wheelers were parked on the footpaths/roads.

Several builder too sold  1 BHK flats in Bangalore East, or 2 BHK flats in Bangalore East, and 3 BHK flats in Bangalore East without a dedicated basement parking. Buyers too bought these 1 BHK apartments in Bangalore East or 2 BHK apartments in Bangalore East and 3 BHK apartments in Bangalore East as they were cheaper when compared to properties that were coming with car parking.
All the municipal authorities, individuals as well as builders who are responsible for illegal Bangalore east property should be severely punished. The state government should enforce the law and add a stiff penalty so that illegal and unplanned properties for sale in Bangalore east do not come up in future.

People Lose Life Saving With Demolition Of Bangalore South Property

After the rains that flooded the city of Bangalore the civic administration asked all the illegal properties including properties for sale in Bangalore South to be demolished. Till date several people have lost their Bangalore South property which they had bought from hard earned money. The worth of properties for sale in Bangalore South recovered is around 940 crore. Illegal constructions are a rampant practice in India real estate. In the last few years several builder have sold illegal 1 BHK apartments in Bangalore South and 2 BHK apartments in Bangalore south as well as 3 BHK apartments in Bangalore South. Buyers have also unknowingly brought the illegal 1 BHK flats in Bangalore South or 2 BHK flats in Bangalore South and 3 BHK flats in Bangalore South as all the paperwork shown by the builders seemed perfect.

Now the owners of Bangalore South property are worried as they are not sure if the 1 BHK apartments in Bangalore South or 2 BHK apartments in Bangalore south or 3 BHK apartments in Bangalore South that they have bought is a legal structure or not. Owners are fuming over the development and mismanagement. Investors of 1 BHK flats in Bangalore South or 2 BHK flats in Bangalore South and 3 BHK flats in Bangalore South are also crying fall as they claim they have been fooled by big brand names. Such a situation is not uncommon in India real estate.

Steps should be taken to restore the consumer’s faith in India real estate. The scenario seen in properties for sale in Bangalore South is not a uncommon one. A regulatory authority must be set up to bring things under control. Several people have already lost their life saving with the demolition of their Bangalore South property however the same scenario should not be repeated again.

More Infra Needed To Promote Flats For Sale In Kolkata

Affordability factor is attracting many people to invest in property in Kolkata for sale. Many people are looking to buy flats for sale in Kolkata so that they can put flat on rent. Many investors are attracted towards buying New Town flats for sale as flat for rent command a very high rental income. According to real estate experts people are now looking at an affordable market to invest in as the cities like Delhi, Mumbai, etc. have not give price appreciation according to expectations.

Earlier people who wanted to put flat on rent refrained from investing in property in Kolkata for sale as the city's properties did not give good rental yield. Sometimes flat for rent used to earn just a few hundred per month and the owner of properties had to shell out much more for paying property tax to the government. This caused many investors to stay away from buying flats for sale in Kolkata.

However the whole scene changed as New Town flats for sale came into the picture. The New Town flats for sale not only gave good price appreciation but the flat on rent also managed to earn good rentals. As a result all the people looking to buy a property in Kolkata for sale so that they can put flat for rent turned their attention towards New Town flats for sale. The flats for sale in Kolkata in New Town also got more attention after it was proposed that the satellite city be transformed into a smart city. Overall the city lacks infra development which could spark investor’s interest in the market. Areas which have good infrastructure like New Town have seen good investment. The state government should look into developing other parts of the city to promote sales prospects of flats for sale in Kolkata.

Who Is To Be Blamed For All The Mess In Bangalore?

Recently the investors of property in Whitefield and other property in Bangalore were shocked when the city was flooded. As a correction measure the state government decided to demolish illegal residential property in Bangalore. Who is to be blamed for mushrooming of Bangalore property?

Business opportunities and jobs have attracted migrants to the city. This raised the demand of property in Whitefield and other property in Bangalore. However migrants cannot be blamed for the same as they are not responsible for Bangalore development and maintenance. It is the politicians and civic authorities who have to look into the matter the migrants are playing taxes and yet they are surviving by buying everything from water to drink, diesel for electricity, etc. Some people are even employing private companies for garbage collection. People who have bought residential property in Bangalore are complaining about apathy of the government.

Hundreds of Bangalore property has been created without proper town planning. There is no proper drainage system and as a matter of fact most drains are blocked by mud and wastes. Concrete road drains constructed without sedimentation holes are just elevating environmental disasters as ground water level are dipping each year. Also the land mafias are also filling lakes and other water bodies with soil so that they can claimed as lands which need to be developed.

Experts however also partially put the blame on owners of property in Whitefield and other property in Bangalore. A number of owners of Bangalore property have converted their garages and parking lots into commercial establishments such as beauty parlor, boutiques, doctor’s clinics, stationary shops, etc. as a result one sees clogged roads as cars as well as two wheelers are parked either on the footpaths or on the roads. Such practice should be strongly discouraged and owners of residential property in Bangalore who are indulging in such practices should be severely penalized.