Dear Sir,
I am planning to buy the constructed house near Bagaegouda layout, Kanakapura road Raghuvanahalli in survey no 5 (3Acre 26Gunte) DC converted in 1997 – 98 with B-Katha from BBMP. I have given 2 lacks as advance with sale agreement. I have submitted all documents to IDBI bank and they told papers are legally ok and sectioned loan. Later I came to know that this survey number is acquired by BDA in 1991 with final notification and in RTC showing BDA as taken the position in 1999 - 2000. This layout is almost developed and they are paying the BBMP tax from past two years. Please suggest me whether I should go head and buy this house?
Thanks,
Umesh
