Learn about the process of buying the BDA Plots in Bangalore

Suppose you are planning to make a real estate investment on the BDA Sites. In that case, you should be well-versed in their nuances, from the required documents and eligibility to the procedure for obtaining the approvals of the BDA authorities. 

What is a BDA?

BDA stands for Bangalore Development Authority. It is the authority responsible for the planning and development of the urban regions of the Bangalore district. Formerly, the BDA was known as the City Improvement Trust Board (CITB). 

BDA is not only a planning and development authority. It is also an authority that supplies the sites and housing requirements of the residents living in the BDA jurisdiction/region. BDA approves the sites and their plans for further development by the developers on the sites. 

Functions of the BDA 

We have already understood the importance of the function of the BDA. However, there are also other functions of BDA and these are as follows:

• Ensuring Compliances: 

The BDA is responsible for ensuring that all developments comply with the rules and regulations applicable to the region. 

• Monitoring Acquisitions: 

As this is one of the important functions of BDA it is required to monitor all the land acquisitions and keep an eye on the developments. 

• Service Provider: 

BDA provides basic amenities and services to the general public. These may include water, electricity, and sewerage. 

Benefits of buying the BDA Plots in Bangalore

We have already made ourselves familiar with the functions of the BDA there are a plethora of advantages and benefits that the BDA Plots bring to the table and these are as:

• Security: 

Security is one of the important and main benefits that the BDA Plots offer to their owners. The BDA Plots have already obtained approval from the BDA authorities and are in compliance with the applicable rules and regulations set up by the BDA. The buyers are saved from any future litigation related to the genuineness of the land, and also, banks offer a wider flexibility in offering loans on the BDA properties. 

• Economical: 

BDA properties are considered one of the economical options available to the Buyers in the market because unlike Private developers there are no hidden charges and the properties can be easily purchased by a middle-class person. Even the BDA Plots can now be obtained through E-Auctions at a very nominal rate.

• Planned Developments: 

We know that BDA Plots are meant for planning and development. All types of BDA properties, whether flats, apartments or villas, are designed with the utmost care, keeping in mind the pavements, access, and all the basic amenities.

• Obtaining Loans: 

BDA is considered one of the most reliable real estate investments, and banks never hesitate to advance loans on the collateral of BDA properties. Hence, it becomes easier for BDA Plot Owners to obtain loans. 

• High Resale Value: 

BDA Plots have all the necessary qualifications to make it a dream for a normal person to own one. This is why they have higher resale value than the other options. 

What are the eligibility criteria for obtaining approval for BDA?

There is no straightjacket formula to decide the eligibility criteria for obtaining the approval of the BDA. However, there are some which shall be required to be fulfilled:

• The applicant is required to be an Indian Citizen
• They shall be living in Karnataka for a specific duration of time 

These are the two most important criteria that are necessarily required to be fulfilled. 

What can be the categories of the applicant?

The BDA Sites or the BDA Plots cater to the various categories of applicants ranging from:

• Kannada Speaking Regional People
• General Public or 
• Organisations 

What documentation is required while making an application for BDA Plot Allotment?

The applicant, while presenting an application to the BDA authorities for the allotment of the BDA Plots, is required to have the following:

• Identity Documents
• Proof of Residence
• Income Certificate 

The Process of BDA Plots allotment

• Obtaining Application Form: 

The applicant for the BDA Plot allotment must first obtain the application form either Online or offline by visiting the designated sales counter in Bangalore. 

• Filing the Application Form: 

The second step in this process is filing the application form. The form requires the applicant to provide personal details, income information, site details, and a preferred area. 

• Submit the Application: 

At the third stage of the process, the applicant is required to submit the application form along with all the required documents as discussed above and mentioned in the application form. At the same time, the applicant is also required to pay the application fees either through a Demand Draft or Online, the mode of which will be explained by the BDA. 

• Document Verification: 

After the submission of the application form the BDA authorities will thoroughly verify all the documents submitted with the application form. 

• Allotment of the Plot: 

After verifying the documents, the BDA authorities confirm the applicant’s eligibility. To ensure the procedure’s transparency, a Lottery will be conducted. The eligible applicants will be granted a Plot at random. 

• Payment of Allotment Charges: 

After the selection of the applicant the applicant is required to make the payment of the allotment charges, site development charges, installment payments, etc. 

• Site Registration: 

Simultaneously the applicant is also required to complete the process of the Site Registration by procuring all the required site documentation. 

• Obtaining Approvals: 

The applicant is required to obtain the Building and Plan Approvals from the BDA to start the construction and the development of the site under the approved layout. 

• Development of the Infrastructure: 

The BDA is required to draft the layout of the infrastructure and the civic amenities to ensure that the development is built according to all the BDA’s guidelines. 

Online Application Procedure for BDA Plot Allotment 

• Visiting the Website: 

The first step in the process is to visit the BDA Website.

• Choose the Correct Option: 

The next step in this process is to choose the correct option which the the “Book BDA Flats”

• Choose the Property Attributes: 

After clicking on the book BDA Plots the applicant is required to choose the Find Property Option and click on the Enquiry tab. The applicant, as soon as clicks upon the Enquiry tab, various options related to the property will be visible location, price of the property, amenities, etc. 

• Download Unit Plan: 

If the applicant wants to have a look at the plan of the property then you must be required to click on the Download Unit Plan button. 

• Choose Block: 

The next step in the process is selecting the Block as per the requirements.

• Book Property/Flat: 

After choosing the Block, the next step is clicking on the Book Flat option and selecting the green flat (the green color will be visible if the flat/property is available to buy). The property details such as Floor Number, Flat Number, Cost, Area, etc., will be visible. 

• Confirming the booking: 

As soon as the applicant clicks upon the Book Flat Now and then Continue to Book.

• Adding Personal Information: 

The next step in the process is filing all the required personal information of the applicant such as name, address, email ID, etc.

• Uploading Documents: 

After filing all the required information, all the mentioned documents must be uploaded to the Portal, and finally, click on the submit button. 

• Verify the Documents: 

After uploading, an OTP will be generated, which the applicant must fill in to verify the documents. 

• Payment of the Registration Fees: 

As soon as the documents are verified the applicant is required to make the payment of the registration fees. 

• Document Verification: 

After the submission of the application form the BDA authorities will thoroughly verify all the documents submitted with the application form. 

• Allotment of the Plot: 

After verifying the documents, the BDA authorities confirm the applicant’s eligibility. To ensure the procedure’s transparency, a Lottery will be conducted. The eligible applicants will be granted a Plot at random. 

• Payment of Allotment Charges: 

After the selection of the applicant, the applicant is required to make the payment of the allotment charges, site development charges, instalment payments, etc. 

• Site Registration: 

Simultaneously, the applicant is also required to complete the Site Registration process by procuring all the required site documentation. 

• Obtaining Approvals: 

The applicant is required to obtain the BDA’s Building and Plan Approvals to start construction and development of the site under the approved layout. 

• Development of the Infrastructure: 

The BDA is required to draft the layout of the infrastructure and the civic amenities to ensure that the development is built according to all the BDA’s guidelines. 

E-Auction of BDA Plots 

BDA has started e-auctioning their Plots in 2012. E-auctions are considered and conducted in well-developed residential plots. Bidding is considered the most reliable option for e-auctions. 

What are the benefits of obtaining BDA Plots through e-auction? 

There are lots of advantages and benefits of obtaining the BDA Plots through e-auctions, and these runs as:

• Transparent: 

BDA Plot allotment through E-Auction is a transparent process and the Bidder can also look after the bids from the other auctioneers. 

• Location Fixed: 

The location of the plots offered through e-auctions are generally Corner Plots. 

• Easy Financing: 

E-auctions do not require more time, unlike the BDA allotment process, and because of the less time-consuming factor, loans on the E-auction properties can be easily obtained. 

• Non-Involvement of the Third Party: 

No mediator or agent will be involved in the e-auction process. Any Indian citizen living for a specific period in Karnataka will be eligible to bid at the auction. 

• Price Differentiation: 

Sometimes, the properties sold at the e-auctions are generally lower than the current market rate, which is a win-win situation for the auctioneer. 

• Easily locate Properties: 

The auctioned properties usually carry the plan and the location of the property, which makes it easier for the auctioneer to locate the properties. 

Understanding the difference between E-Auction and BDA Allotment 

The main difference between these two is that the BDA Allotment is done on a lottery basis and the E-Auction will not be done based on the lottery system instead the highest bidder will be granted the property. 

Conclusion

BDA is the most reliable authority for real estate, and this is why it is considered crucial to present an application for obtaining BDA Plots through allotment. By understanding the process and the documentation required, an applicant can even apply for BDA Plots by sitting at home. 

Frequently Asked Questions on Buying BDA Plotsin Bangalore

Q1. How Much Does a BDA Site Cost in Bangalore?

Ans1. A BDA Site in Bangalore costs around Rs. 65.4 Lacs – 5.32 Cr. 

Q2. Who is eligible for BDA Plots?

Ans2. The Indian Citizens residing in Karnataka for a specific period can apply to obtain BDA Plots. 

Q3. Why are BDA Sites costly?

Ans3. BDA is the authority that works towards phased planning and developing the BDA Plots with many amenities and infrastructures. 

Q4. Is the BDA Site good or bad?

Ans4. BDA approved are considered as the most safe properties this is the reason they are considered as good. 

Q5. Does BDA provide Khata?

Ans5. BDA is only responsible for the planning and development of the area while BBMP is responsible for the issuance and maintenance of the Khata. 

Q6. What is BDA Approval?

Ans6. The developers in Karnataka are required to apply for approval from BDA to make sure that the property is developed following the guidelines provided by the state government. 

Q7. What are BDA site maintenance fees?

Ans7. The fees for the BDA Site Maintenance fees are between Rs. 1,200- Rs. 3,600

Q8. What is the difference between BDA and BBMP Plots?

Ans8. BDA is responsible for the development and maintenance of the Plots while BBMP is responsible for the amenities for the development

Q9. How do I pay for my BDA?

Ans9. The applicant/developer is required to pay the tax through the BDA Tax Online Portal

Q10. What is the procedure to buy a Plot?

Ans10. The basic procedure to buy a Plot is by visiting the sub-registrar’s office.