Vaastu Greens Multistorey Apartments Area Range 525-1600 Sq.ft, Located in Kengeri, Bangalore available with 3BHK Apartments and 4BHK Apartments.
Description:
The project is very ideally located at off uttarahalli Main Road, kengeri and proximity to reputed schools, colleges, hospitals and commercial establishments makes it a prime location.It's an apartments that lives up to your dream and allows you to experience a perfect life in very sense–land, civic amenities, wide approach roads, serene surroundings, excellent exteriors, comforts and value for your hard earned money, not to mention a home that urges you to look no further.
Amenities:
Club House
Magnificent Swimming Pool
Beautiful Landscaped gardens
Childrens play area
Security Room with Intercom Provision
OTIS/JOHNSON or equivalent make Four lifts of 6 passengers capacity
Common toilets for drivers and servants
Acoustically insulated standby Generator for lifts, Pumps and Light in common areas
Centralized cabling for Cable TV and Telephone
Rain Water harvesting with soak wells
Table Tennis
Cards Deck
Carrom & Chess
well equiped gymnasium
MultiPurpose party area
Magnificent Swimming Pool
Beautiful Landscaped gardens
Childrens play area
Security Room with Intercom Provision
OTIS/JOHNSON or equivalent make Four lifts of 6 passengers capacity
Common toilets for drivers and servants
Acoustically insulated standby Generator for lifts, Pumps and Light in common areas
Centralized cabling for Cable TV and Telephone
Rain Water harvesting with soak wells
Table Tennis
Cards Deck
Carrom & Chess
well equiped gymnasium
MultiPurpose party area
Properties and human beings are inseparable. With progress
and social change over the ages the urge to own property, wealth has acquired
demonic proportions. In the present day world, immovable properties are the
most valued assets one can possess.
The desire to own material possession reared its head in the
inquisitive mind of the Stone Age man. Thus women, children came to be his
first personal assets followed by immovable properties. While literacy and
social outlook have elevated the status of women and children, there has been
no change worth the name as to the status of immovable property as the personal
asset of the human being. So long as this state of affairs continues, problems
relating to property transfer will persist. From Stone Age to cement age, it
has been a long haul.
What is Partition?
Partition is division of property held jointly by co-owners.
When a property is divided each member becomes the sole owner of his portion of
the property. Each divided property gets a new title and each sharer gives up
his or her interest in the estate in favour of other sharers. Therefore,
partition is a combination of release and transfer of certain rights in the
estate except those which are easements in nature.
Partition is neither a gift nor a transfer of property. It
merely breaks a joint right into several rights. It is not acquisition of
property or exchange of property. It is a combination of release and conveyance
of the rights of the property in favour of individuals. And therefore it can be
effected orally. Partition is not transfer but when it assumes the form of
transfer, the intention may be to hoodwink the creditors.
The basic character of joint Hindu family is that each
member has inherited title to the property by birth. Each member has joint
title to the entire property and that joint enjoyment of the title is converted
by partition into separate title of the individual co-owner for his enjoyment.
Therefore, it is now an established fact that partition is not transfer, but
transformation of joint property.
There are some properties which cannot be divided
physically. If physical division is not possible, partition can still be
effected by paying cash or other assets to a sharer in lieu of his or her share
in the property. Such situation arises when the division of an estate is
considered to be dangerous and unreasonable and when such division dilutes the inherent
value of the property, or when the immovable property is too small for
division.
The instrument of partition is a document by which the
co-owners of a property agree to divide the property among themselves by oral agreement
or written agreement or by arbitration or through court. If a document of
release shows that the executants are to get cash or other assets, the document
is an instrument of partition. The basis of partition is equality. The parties
shall share the property equally.
If there is no agreement among the co-owners for amicable
division of the property, the only alternative is to sell the property by
mutual consent or by court decree and distribute the sale proceeds among the
co-owners. Any of the co-owners may also enforce partition through Court. In a
partition suit a court may have decreed partition of the property in the
interest of the co-owners. But if it is found that the sale of the property and
distribution of the proceeds to the co-owners is more beneficial, the court can
at the request of the shareholders, direct sale of the property and
distribution of the proceeds to the co-sharers.
There are three types of co-owners: Joint tenants or
tenants-in- common; Hindu Joint Family owners or coparceners; partners of a partnership
firm.
Under the Hindu Law in general everyone being a co-owner in
a joint ownership has a right to claim his share and such right cannot be
denied to him if the property is held as joint tenants. Since joint tenancy is unknown
to Indian law, there is not much difference between joint tenancy owners and
tenants-in- common.
Christians and Muslims hold properties as tenants-in-common
or as joint tenants and partition of such immovable property can happen by mutual
consent or by partition deed or by court decree or arbitration.
Partition in Hindu law covers two aspects. One is the
division of the status of the members and the other is the division of the
joint family property. In the former case, the members are divided according to
their standing in the joint family and in the latter case division of joint family
property into separate shares.
Share of a member depends on the status he enjoys in the
family. These are interlinked. Partition must be according to law. If a minor
gets less share than he is entitled to in law, the partition is defective and
he can re-open the same when he attains majority. If a member gets more than
his share in a property, the excess received will be treated as a gift.
It is not necessary that all co-owners agree to partition.
When a member desires partition, the property is divided into two portions one
for the separating one according to his status and share and the rest jointly
for the others. Though oral partition is allowed under Hindu Law, it is not
preferable as it may give rise to disputes particularly with respect to
immovable properties. It is advisable that oral partition should be reduced
into writing. Also, the Income Tax Act does not recognize oral partition of a
Hindu Family property unless the Income Tax Officer is satisfied with the facts
and this is possible only when it is recorded in partition deed.
Real Estate Properties are available in Bangalore City.......
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site available at Anekal road
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Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout
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