Mahaveer Oberon--2BHK and 3BHK Apartments located J P Nagar Bangalore

Mahaveer Oberon an inspiring project from Ready Groups available with 2BHK and 3BHK Apartments located J P Nagar Bangalore.

Amenities:

Swimming pool 

Changing Rooms

Childrens Play Area 

Indoor Games 

GYM

Libraray 

Automatic Lift with 8 Passengers. 

Security System: Round the clock Security Intercom Facility. Generator Back-up. Jogging track

Frank Talk

Transfer of Development Rights and Development Rights Certificate 

Bangalore Mahanagara Palike has identified 45 roads for widening. The list includes some very old and narrow roads like Avenue Road. The proposal requires large scale acquisition of land. The civic body, it is learnt to have issued notices to the property owners inviting them to opt for Transfer of Development Rights (TDR). Under this/scheme if the land owners voluntarily surrenders the land to the Mahanagara Pa Ii ke , they will get Development Rights Certificate (DRC), which entitles them to enhanced FAR, one and half times of the land surrendered. This enhanced FAR may be used by the owner in any of their properties. 

FAR has its own value, meaning and purpose. Restricting and prescribing FAR in relation to the area of the site is to regulate proper growth, and to ensure availability of natural air and light not only to the owner of the site, but also to neighbours. Allowing the utilization of enhanced FAR in any of properties of the owner would lead to irregular growth of the city, spoiling the beauty and skyline and also infringing the rights for air and light of the neighbour. This may even spoil the neighborhood relations and lead to litigation. 

Further, Development Rights Certificates are tradable. Anyone who has violated the FAR may purchase DRC and regularize his construction. This is unethical and amounts to marketing the honesty. Anyone who has violated the law may become honest person, provided he has money, money becomes more powerful than law. 

Mahaveer Oberon an inspiring project from Ready Groups available with 2BHK and 3BHK Apartments located J P Nagar Bangalore.