Thursday, 29 August 2013

Radient Spencer--Electronic City, Bangalore an innovation with 2BHK , 3BHK and 4BHK Villas

At Electronic City, Bangalore an innovation with 2BHK , 3BHK and 4BHK Villas from Radient Spencer an inspiring  project of Radiant Structures. 

Imagine for once, a home barricaded from stress a home that pampers you with right number of amenities and the right kind of ambiance a home that s close enough to reach your office and easily accessible from your kid s school. 

Excited Now, imagine a home that is in close proximity to important conveniences like supermarkets, IT parks and hospitals, among others. Well, when you settle at Radiant Spencer at Hebbagodi, near Electronic City, you ll realize that all your dreams are realized. Yes! Make it your address, you can t ask for a better home to shelter your loved ones. 

Frank TalkCHANGE IN LAND CONVERSION PROCEDURE 


As per the existing procedure, agricultural lands are to be got converted for non-agricultural residential purposes in the name of the Agriculturist. If a Developer identifies any property, he has to enter into an agreement with the landlord and spend money for purchase of land, for obtaining NOC and sanctions for Layout or Building Plans from various authorities, in addition to making payments towards plan sanction fees, licence fees. Cauvery Cess, professional 
charges for architects, etc, and apply for approval of layout or apartment building plan with the Town Planning Authority [ BOA] involving lot of procedure which may take nearly one year. The developer has to apply for conversion in the name of the Agriculturist and has to pay the necessary charges for such conversion. 

According to the existing procedure, only after approval of the plan, the developer is entitled to get the Official Memorandum for conversion land. Only upon the Developer getting the conversion order in the name of the Agriculturist he can get the property registered in his name. Some times, after obtaining the plan sanction, the Office of the Deputy Commissioner may refuse to issue the Official Memorandum on some frivolous technical ground putting the promoter to undue hardship and difficulty. 

An analysis of the present procedure would go to show that it is highly cumbersome, time consuming and unhealthy. Hence the new proposal of the government for initially getting 
the land converted and thereafter getting the plan sanctioned for development of the converted land is a welcome move. It would not only solve the sufferings of the Developers but also 
would encourage them to undertake a large number of projects with confidence which in turn would benefit the consumers. 

At Electronic City, Bangalore an innovation with 2BHK , 3BHK and 4BHK Villas from Radient Spencer an inspiring  project of Radiant Structures. 

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