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View Poll Results: Can i buy such a plot with out approval letter from panchayath

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no 1 100.00%
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Is It Advisable To Buy A House In Pachayath Layout Sans Approval Letter?
June 14 2010 , 12:39 PM   #1
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Srikanth Edupalli's Avatar
 
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Is It Advisable To Buy A House In Pachayath Layout Sans Approval Letter?

Hi,

I am planning to purchase panchayath approved layout near shamshabad i.e on the way to bangalore.

1. The realtor has taken approval letter for conversion from agriculture to non-agriculture land
2. The relator has taken approval from Gram Sarpanch with a stamp and signature on the layout drawaings
3. The realtor has built roads and laid out plots as shown in the drawings , but did not provide the drainage yet.
4. The realtor has EC on his name for the survey no's belonging to the payout.

Issues i for see

1. There is no such apporval letter from Panchayat stating that this plot layout is approved with register no and date!!
2. I was told the LRS to applied by the individual plot owner

Question

1. Can i purchase such land with out approval letter from panchayath ?
2. Is it necessary to seek another letter for house construction as well ?
3. Can i seek loan from bank for house construction ?
August 20 2012 , 12:53 AM   #2
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reelest's Avatar
 
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Quote:
Originally Posted by Srikanth Edupalli
Hi,

I am planning to purchase panchayath approved layout near shamshabad i.e on the way to bangalore.

1. The realtor has taken approval letter for conversion from agriculture to non-agriculture land
2. The relator has taken approval from Gram Sarpanch with a stamp and signature on the layout drawaings
3. The realtor has built roads and laid out plots as shown in the drawings , but did not provide the drainage yet.
4. The realtor has EC on his name for the survey no's belonging to the payout.

Issues i for see

1. There is no such apporval letter from Panchayat stating that this plot layout is approved with register no and date!!
2. I was told the LRS to applied by the individual plot owner

Question

1. Can i purchase such land with out approval letter from panchayath ?
2. Is it necessary to seek another letter for house construction as well ?
3. Can i seek loan from bank for house construction ?
Hi Srikanth,
Do you have answer for this as I am having the same questions in my mind.
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