Top 41 How To Buy Bda Flats In Bangalore Best 218 Answer

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In terms of the quality of the flats, Gurudutt had this to say: “The BDA flats are apt for middle class citizens. A 3BHK flat constructed by a private builder will costs about 80 Lakhs. We have got the BDA flat for half the cost. Therefore quality of material used too will be in line with how much we have paid.The flats will be distributed by the department based on first come and first serve criteria. Once the registration form is filled, you will have to pay application fees for the BDA flats. After that, then the department of BDA will reserve your property under the New Housing project.Private institutions will now be able to buy civic amenity (CA) sites in Bengaluru after the state government allowed the Bangalore Development Authority (BDA) to sell these much-coveted properties.

How to apply for BDA flats for sale in Bengaluru-2021 online?

Step 1: Login to https://www.bdabangalore.org/ …
Step 4: Click on ‘Enquire now’ …
Step 7: On clicking on ‘Proceed to book’, you will see the availability of flats in a colour code. …
Step 10: You will be asked to pay the registration fee.

Contents

Is it good to buy BDA flats?

How can I get BDA property?

The flats will be distributed by the department based on first come and first serve criteria. Once the registration form is filled, you will have to pay application fees for the BDA flats. After that, then the department of BDA will reserve your property under the New Housing project.

Can BDA site be sold?

Private institutions will now be able to buy civic amenity (CA) sites in Bengaluru after the state government allowed the Bangalore Development Authority (BDA) to sell these much-coveted properties.

How can I apply for BDA 2022?

Candidates must submit the BDA FDA SDA Application Form 2022 in the above-mentioned format and structure to the “Commissioner, Bangalore Development Authority, Kumara Park West, T. Chowdaiah Road, Bengaluru – 560020, Karnataka” on or before June 18, 2022 through proper channel.

How can I buy BDA sites in Bangalore Quora?

Apply online at Bda (Bangalore development authority) website….
…
The procedure of buying land, consist of 5 important key points,

Pre-verification (Important criteria to consider before buying )
Document verification.
Field verification.
Sale agreement & sale deed.
Registration.

Who can buy BDA flats?

Anyone who has completed 21 years of age is eligible to apply. Applicant needs to be a resident of Karnataka for not less than 10 years prior to date of registration.

How much does a BDA site cost?

A 30X40 site will cost Rs 24 lakh plus registration; a 2,400 sqft (60X40 feet) is Rs 54 lakh; and the 50X80 site will cost Rs 1 crore. The pricing is based on different dimensions of the plots, starting at Rs 900sq ft for the economically weaker sections and from Rs 1,800sq ft for general category .

How can I apply for BDA in Bangalore 2020?

Filled in application form and ID must be submitted at the same branch of the bank where the blank application obtained. All payments should be made in the form of a Demand Draft or Cheque or Pay Order drawn in the favor of Bangalore Development Authority payable at Bangalore.

What is BDA sale deed?

Apart from the BDA absolute sale deed they have everything like History records (mother deeds), Allotment Letter, Possession certificate Khata certificate on son’s name, Tax reciepts on son’s name which are required for a BDA site.

How do I know if a plot is BDA approved?

7 Answers

Make a title search from the registration office,
Visit BDA office personally to enquire about the approval without being dependant on lawyer,
Visit the site yourself and talk to the locales. …
Collect information about the property from BDA directly through RTI route,

What is vacant site penalty in BDA?

Keeping a site vacant five years after its allotment invites a penalty amount ranging between Rs 5,000 and Rs 6 lakh from the BDA depending on the dimensions of the site.

How can I apply for BDA in Bangalore 2021?

How to apply for BDA flats for sale in Bengaluru-2021 online?

Step 1: Login to https://www.bdabangalore.org/ …
Step 4: Click on ‘Enquire now’ …
Step 7: On clicking on ‘Proceed to book’, you will see the availability of flats in a colour code. …
Step 10: You will be asked to pay the registration fee.

How do I buy a BDA auction site?

Terms & Conditions:

Applicant should be a Citizen of India.
NRIs & Partnership firms also can participate in the auction.
Applicant has to pay Rs 4 Lakh per site as Earnest Money Deposit (Deposit amount is refundable )
Successful bidder has to remit 25% of auction amount in 3 days.

How are property taxes paid on BDA sites?

Please follow the below steps to pay the tax online:

Go to link: https://propertytax.bdabangalore.org/ 2. You should see the below screen: 3. Enter your Property ID, Your Site ID, Your Name as it appears on your prior Tax Paid Receipt and click on ‘Submit’ button.

Is it worth buying 10 year old flat in Bangalore?

A BIG NO. It’s really bad idea to purchase flat in Bangalore if you wanna have it in EMI base . If you have enough money to got flat go for it, even if you ready to pay half of the amount on shot from your savings and even If your rent pay is equal or slightly above the EMI GO with EMI.

Is buying a flat worth it?

In short, yes! Buying a flat in London is a great investment for your money. With house prices continuously rising in the capital, it’s an opportunity that shouldn’t be missed. The market conditions have never been better to buy a property in London.

Why you should not buy a flat?

The builder is required to pay you a monthly penalty in case you do not receive the flat’s possession within the grace period. Additional expenses such as GST, stamp duty, home loan processing fee, registration charges and all other charges should also be kept in mind.

Is buying an apartment a good investment?

The rent increase directly correlates to an increase in the value of apartment buildings. But apartments are still a good investment for traditional reasons versus heavy appreciation, even with changing circumstances such as rising interest rates, rising property taxes and a potential recession.

How to apply for BDA flats for sale in Bengaluru-2021 online?

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How to apply for BDA flats for sale in Bengaluru-2021 online?

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Summary of article content: Articles about BDA allots flats; Quality fine, but not location – Citizen Matters, Bengaluru Updating …
Most searched keywords: Whether you are looking for BDA allots flats; Quality fine, but not location – Citizen Matters, Bengaluru Updating Initially there was criticism on the quality of BDA housing which seems to have died down. BDA allows the mutual exchange of same kind of flats between individuals who need it.
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BDA allots flats; Quality fine, but not location – Citizen Matters, Bengaluru

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How to apply for BDA flats for sale in Bengaluru-2021 online?

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Earlier, there were not many takers for BDA flats. But today, with improved quality, transparency and ease of booking, many are looking at it as a viable option to own a home at affordable rates.

Where are the BDA flats available?

Currently, the BDA flats are available in the below mentioned areas and phases.

* Kaniminike Phase-2, 3 & 4 in Kumbalgodu

* Kommaghatta Phase- 1 & 2 in Kengeri

* Vagerahalli Phase-6 in Kengeri

* Doddabanahalli Phase- 1 & 2 in KR Puram

* Malagala Phase-2 in Nagarabhavi

1, 2 and 3 BHK BDA flats are up for sale within a price range of Rs 23.75 lakhs to Rs 44 lakhs.

Come, let’s learn how to book a BDA flat from the comfort of your home.

Steps to book a BDA flat online

Step 1: Login to https://www.bdabangalore.org/

Step 2: Click ‘click here to book BDA flats’

Step 3: Click on ‘Find property’

Step 4: Click on ‘Enquire now’

You will get information like location, video of a model flat, BHK, number of floors, amenities, type of structure, flooring, materials used for common areas, doors, windows, information about water supply, sanitary system and the price of the flat.

Step 5: You can look at the plan of the property by clicking on ‘Download unit plan’

Step 6: Click on ‘Select Block’ to select the block of your choice

Step 7: On clicking on ‘Proceed to book’, you will see the availability of flats in a colour code. Green indicates that the flat is available

On clicking a particular green flat number, you will get information like flat number, floor number, tentative area, tentative cost, application money to be paid and the application money to be paid by SC/ST category.

Step 8: Click on ‘Book flat now’. Cross check the information. Carefully read the terms and conditions and then click on ‘Continue to book’. Here you will be required to provide your personal information like name, father/husband’s name, mobile number, email ID, DoB, marital status, quota, address, city, state, pincode, aadhar number and pan number. You will also be required to upload documents like Aadhar card and caste certificate in case it’s applicable. Once it’s done, click on ‘Submit now’.

Step 9: You will be asked to verify your mobile number through a 6-digit OTP. Enter the OTP and click on ‘verify now’.

Step 10: You will be asked to pay the registration fee. Click on ‘Pay now’.You have the option of paying through your Cards, UPI, QR code and net banking.

The best part of this online application portal is that you can actually see the videos of the flats. And their exact locations have been geotagged to the portal as well. Another big advantage unlike earlier is that in case anyone surrenders a flat after making the initial payment, it would be displayed on the portal immediately.

Conclusion

So check out the properties online and shortlist the ones that match your expectations. Once the pandemic comes under control, go on the ground and physically examine the status and quality of flats and then decide to book your flat.

Priyanka Rachaiah, Magicbricks Bureau

BDA allots flats; Quality fine, but not location

Taking into consideration the rate at which Bangalore is expanding and the space constraints that came with the expansion, in 2012, the BDA announced that ‘vertical’ was the way to go. With this announcement, the BDA forayed into the construction of low cost housing, announcing that 6180 flats would be made available for purchase by the public.

Private real estate sector and some people were sceptical about the quality of low cost housing by BDA. Citizen Matters wrote about this in detail.

3000 flats allotted

Of the proposed flats, applications were invited for 3000 flats across 17 sites in March 2013. The lottery was held for the allotment recently, and many readers were seen expressing anguish over them not being allotted the flat despite seniority, while a bunch of people were seen communicating about exchanging the flats with those in convenient locations. (Check comment section in this article)

After the allotment, Citizen Matters checked with BDA Commissioner, T Sham Bhatt as to when the flats would be ready. He said: “3000 flats will be ready by March 2014. The remaining will be ready by June 2014, for which we will invite applications around March 2014. We are currently looking to complete those flats that have been allotted, by March. Construction is underway at the rate of around 100 flats per day. Going by this, we will be able complete the flats as promised.”

While the BDA and the ruling government seem hopeful and want to be able to keep their promise of getting the BDA apartments ready in time, the ground reality seems to be a little different. We posed the same question to BDA Engineer Officer, Gowdaiah. He said that only some of 3000 flats would be ready by March 2014. The rest, where the construction was underway, were likely to be ready only by August-September 2014.

‘Preferences not considered’

While many folks who have been allotted flats are happy that they have made the cut, there seems to be an equal number who are disappointed with the flats they have been allotted for a number of reasons.

Not having a choice with respect to the floor the flat is located on

Some people were assigned flats in a location which did not feature in their list of preferences while applying for the flat

The allotted flats are in a part of Bangalore that is rather alien to them (some allottees say that the distance from the new flat to their workplace is more than 50 km)

Gowdaiah stated that the second allotment of flats was made on a first-come-first –serve basis and the third allotment through the lottery system. As much as possible, the BDA had tried to assign flats to folks as per their preference. Only when flats of a particular category or type were exhausted, did the BDA allot flats that did not feature in an applicant’s list of preferences.

While this seems like a rational explanation, many people who have been allotted flats do want to exchange the flat. Allottees were given almost 10 days, from when the list was published, to make an application for exchange.

Is exchange of flats possible?

The BDA has stated that in case folks would like to exchange their flats, a mutual exchange was possible, so long as the flats belonged to the same category. Both parties would need to make a joint application with the allotment papers. Gowdaiah says that folks were given 10 days from the date of allotment to make a written statement if they had any reservations. The last date for this was 6 January 2014. In case that an extension was to be made on this date, he added that it could be a challenge as it would impact the dates for the subsequent processes. Gowdaiah added that this list was being compiled and the BDA would try their best to re-allot flats to folks as per their preference.

Sham Bhatt however said that they would consider an exchange if people made an application even now. Citizen Matters also checked with him if there was currently a forum on the BDA website, where allottees could post their requirements and therefore identify other people who wanted to exchange. He stated that this was not available as of now and that there was certainly merit in creating a discussion forum on the BDA website for this purpose. In case Citizen Matters hears further on this matter, we will post the details regarding the same.

For those folks who are unhappy with the flat that they have been allotted, they can do one of two things: Surrender the flat and get a refund, or re-apply for the next allotment. In case they choose to go with the second option, seniority and number of attempts at applying would be considered during the allotment.

Application date goofed up?

The list of allottees that was published threw up several discrepancies with respect to the application date. For around 80 allotments, the application date was post 15 July 2013, even though the last date for application was 30 June 2013 (extended to 15 July 2013). In 21 cases, the application date was in 2014, 4 of them with dates in March 2014. Sham Bhatt stated that the BDA had not taken in any applications post the last date and it was in all likelihood a typing mistake. Gowdaiah added that considering the BDA was making the list public, there was no way they would feature erroneous data such as this and it had to be a mistake. Both assured that they would in any case look into the matter.

BDA to retain 20 flats

Sham Bhatt, when asked why there was a difference in the number of allottees and the number of flats in the case of 2BHK apartments, said that the BDA had retained ownership of around 20 2BHK flats (in Doddabanalli and Valagerahalli) for two reasons:

1) In case there was a mistake in the allocation, for instance if an individual was not allotted a flat, in spite of the his/her seniority, these flats would be allotted to them to rectify the error.

2) Some of the flats have been reserved for BDA and government employees and will be given to them on a rental basis.

However, with respect to number of allottees being more than the number of flats, he said there was no case of that, as the BDA invited only limited applications.

Non-allottees to be considered in the next round

Those applicants who have applied during second notification, and not been allotted flats, Sham Bhatt says, would be considered for the next allotment. Those who applied during the third notification would need to reapply when applications are called for next. They would be considered as per the seniority at the time of allotment of flats.

Gowdaiah did add that for those folks who applied, but were not allotted flats, there was no assurance that they would get a flat during the next allotment, but they would certainly be given first preference.

Transfer of ownership and payment

Sham Bhatt said that the allotment letters would be dispatched in the coming week, and folks should expect to receive ownership of their flats by April 2014. With respect to payment for these flats, he added that the full payment would need to be made within six months or 180 days from when the allotment letter had been sent. An initial payment of 25% of the total value of the flat, would need to be made in 60 days.

When checked about whether allottees would be able to sell the flats once they took ownership, he said that as of yet no provisions had been made regarding the same. However, in the case of the flats given out under the EWS category, the BDA might consider adding a clause, considering that these were given out on subsidised rates.

‘Exchange, anyone?!’

Anand Babu, a team lead with Toyota Kirloskar motors, had applied for a 2BHK flat in Valegerahalli, but was allotted a flat in Gunjur. He says the distance to his work place from the Gunjur flat would be around 40 km and he was therefore looking to exchange it. As to why he went in for a BDA flat as opposed to one by a private builder, he cited affordability and the fact that he was assured of a legal flat, considering the government was issuing it.

Deepak (name changed), an employee with an automotive company, was issued a flat in Doddabanalli, though his first preference was Valegerahalli. The distance to his workplace from here is around 60 km and he too is looking for an exchange. With respect to paying the balance amount for the bank, Deepak added that LIC Housing has stated that a loan could be made available so long as people were able to pay at least 25% of the total value of the flat by themselves.

Naresh Jamadagni had applied for a 2BHK flat, but did not get an allotment. On the discussion forum on Citizen Matters, he stated that individuals would need to confirm with the BDA if their application would be considered for the next allotment or if their file was forwarded to the refund section.

Allottees happy with quality of the flats

While people initially had reservations about the quality of the flats, considering that they were being sold for almost half of what a private builder would quote, people seem to be at ease with it.

Gurudutt, an engineer at IBM, applied for a 3BHK flat at Holagarehalli on June 2013. He was allotted one at Doddabanahalli. He said he was absolutely fine with it, considering the flat was at a better location.

In terms of the quality of the flats, Gurudutt had this to say: “The BDA flats are apt for middle class citizens. A 3BHK flat constructed by a private builder will costs about 80 Lakhs. We have got the BDA flat for half the cost. Therefore quality of material used too will be in line with how much we have paid. I have been visiting the construction since the beginning, and the quality seems to be good. We are getting what we have paid for.”

Deepak stated that he had looked at the model flat in Valegerahalli and they had used branded bathroom fittings, so he expects the finish quality of the flats to be good.

Gowdaiah stated that they have used good quality materials for construction and the that their quality monitoring process was the best in Bangalore. He added that there has been no compromise on the quality of materials used, considering that the entire scheme is bound to be scrutinised with a keen eye by all. He also added that there was a two-year defect liability attached to the flats. Therefore if any problems arose with the quality of the flats, it was up to the builder to rectify it and they would be held liable for a period of two years.

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