Sunday, 20 October 2013

RADIANT RESHAN--2BHK and 3BHK Apartment located in Bannerghatta Road Bangalore

RADIANT RESHAN an inspiring project from Radiant Structures Private Limited available with 2BHK and 3BHK Apartment located in Bannerghatta Road Bangalore

Description:

Radiant Reshan is one of the popular residential developments in Bannerghatta Road, neighborhood of Bangalore. It is among the ongoing projects of Radiant Structures Private Limited. It has lavish yet thoughtfully designed 65 residences.  
Amenities in Radiant Reshan Project has various modern amenities like 

Swimming Pool
Play Area
24Hr Backup
Security
Intercom
Club House
Library
Gymnasium
Indoor Games etc.
Units Available: 3bhk Apartments


Bangalore Development Authority has become hyperactive and has been distributing the sites in large numbers. Naturally the people are eager to know the methodology adopted by BDA in allotting the sites. This write up gives the broad out lines of the procedure followed by BDA.
Bangalore Development Authority (allotment of sites) Rules 1984 govern the allotment of sites. These rules are periodically modified. Whenever authority forms an extension or layout; offers the sites in such extensionllayout to the general public, wide publicity will be gi ven mentioning the location, number, area, and last date for submission of applications. The details are also published is not less than three newspapers of Kannada and English, which are published from Bangalore having wide circulation.
Authority is empowered to set apart, 40% of the sites to economically weaker section at 50% of the value of the sites; out of this the 15% of the sites are reserved to schedule castes, 3% to schedule tribe and 2% to the schedule tribes and remaining sites to economically weaker sections. BDA may also allot sites on lease basis to educational, religious, charitable institutions, which are registered under societies registration act, or Trust for public purposes.
But such allotment should not be more than 5% of the total site area in each layout. Further sites reserved for civic amenities, public parks and playgrounds cannot be allotted in such manner.


Only the persons who have registered their names on payment of prescribed registration fee are eligible to apply for allotment of sites. The registration fee at present is as follows: -

             Area of the site in sq. mtrs           Registration fee
a)            350 and above ...                                  Rs.             2,000/-

b)            225 above
                but below 350                                     Rs.              500/-

d)            Below 225                                            Rs.              100/-

If the applicant withdraws the registration the registration fee paid less 10% will be refunded to the applicant. Registration once done is valid for any subsequent attempts.

If the applicant withdraws the registration the registration fee paid less 10% will be refunded to the applicant. Registration once done is valid for any subsequent attempts.

In case the applicant dies after registration, the spouse, of the deceased applicant is entitled to apply for allotment. If the spouse is not alive the dependent children, will be deemed to have registered area have right to apply for allotment. The registered applicant or his legal heirs have to apply for allotment of site in prescribed form (form II).

The applicant should also remit 12.50% of the notified cost of the site along with application as initial deposit. The initial deposit payable in case of Schedule Castes, Schedule Tribes, area backward tribes is 5%.
The correctly filled application along with initial deposit should reach the authority before the time fixed for receipt of such application. The BDA notification generally informs the mode of paying the initial deposits, by remitting to certain banks. The completed application forms may also be handed over to the specified branches.


In case the application is pending with BDA for allotment and the authority invites applications for further sites, the applicant should again apply in form II (A), but there is no need to pay initial deposit.

RADIANT RESHAN an inspiring project from Radiant Structures Private Limited available with 2BHK and 3BHK Apartment located in Bannerghatta Road Bangalore

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