S Gerg
Q: Hi, We all are aware about the Penthouse problem with Krishvi Gavakshi. As most of us aware the Penthouse is not approved or only partially approved. We have reached to Krishvi for verification but again as usual they gave lul response. We have also verified from bank and even one or two bank has confirmed that Penthouse is not approved and loan for the same will not be available. Let us know if anyone has done the agreement with builder for Penthouse.

My replies to this discussion
As per my discussion with the Corporation bank, BBMP can never approve a building with 6 floor, unless they leave 15ft of space from the boundary. Legal limit is G+3, but here they are making 2 floors extra. BBMP in this case have given approval for "Penthouse", BBMP definition of penthouse is the common room on the above G+4 which can be used by everyone. So thats why Krishvi builder is saying partial approval. According bank manager whole penthouse is illegal. Nothing will happen now, but BBMP will not spare any when some honest officer comes and start demolishing illegal structure like they did in Delhi 2-3 years back. So I dropped the plan of buying completelyAs per my discussion with the Corporation bank, BBMP can never approve a building with 6 floor, unless they leave 15ft of space from the boundary. Legal limit is G+3, but here they are making 2 floors extra. BBMP in this case have given approval for "Penthouse", BBMP definition of penthouse is the common room on the above G+4 which can be used by everyone. So thats why Krishvi builder is saying partial approval. According bank manager whole penthouse is illegal. Nothing will happen now, but BBMP will not spare any when some honest officer comes and start demolishing illegal structure like they did in Delhi 2-3 years back. So I dropped the plan of buying completely
Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!