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DLF drawn in dishonest deals

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Reported sources at the www.propertykhazana.com says that Bangalore Municipal Authority in an public notice stated that it has not yet given approval to set up the venture – DLF Westend Heights at New Town off Bannerghatta Road. DLF Ltd. has blamed that illicit selling of flats for without compulsory approvals at the new venture in Bengaluru. BBMP is the last authority for giving the building approvals in the city and DLF has only got sanction from the BDA for developing 4 floors in all the buildings at its venture, as the company’s been promoting 18 floors. DLF senior executive said to www.propertykhazana.com that, “The firm has informed its clients regarding the status of the sanctions and will not commence the development till it gets all the necessity approvals. Company has paid up to Rs. 15 Crores to BBMP towards advance charges which show that it will look for a sanction from the authority. It has started bookings from clients taking into consideration of the ongoing process.”
The developer is trying to initiate the venture in 2008, but is been delayed in getting sanctions and amendments in the plan of the venture which will be constructed in phases. Meanwhile, DLF has done up to 650 bookings for around 1,700 apartments in the first phase which has about 30 acres and is also planning to finish the first phase within 3 years. BBMP Commissioner said to www.propertykhazana.com that, “Potential purchasers are directed against the acquirement of such illegal flats as they are likely for all illegal action that will be admitted against such illegalities comprising pulling down.” For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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