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BDA announces special drive to issue sale deeds to 20,000 allottees

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BDA announces special drive to issue sale deeds to 20,000 allottees

Bengaluru The Bangalore Development Authority (BDA) will hold a special drive ‘Absolute Sale Deed Mela’ to help around 20,000 site allottees who have completed their 10-year lease period but are yet to register their absolute sale deeds, Chief Minister D. K. Shivakumar said during a press meet at the BDA headquarters on Monday (November 9). “BDA sites are initially allotted on a 10-year lease.

After the lease period expires, allottees are required to complete the registration of the absolute sale deed to establish legal ownership of the property. However, around 20,000 allottees have not completed this process, the BDA has found,” he said. They can now apply to the BDA with their site documents by December 17. The Authority will scrutinise the applications and facilitate registration of the sale deeds within 60 days of receiving them, subject to the applicable rules, Mr.

Shivakumar added. “There is no charge for obtaining an absolute sale deed, apart from the applicable stamp paper charges.