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Section 5: Sale of immovable properties

The Bruhat Bengaluru Mahanagara Palike (Estate Management) Rules, 2024.State Rules of Karnataka · 2020

(1) The sale of immovable properties of the Bruhat Bengaluru Mahanagara Palike shall be only to the departments of the State or the Central Government or Public Sector Undertakings or organizations or bodies owned by the State or Central Government and not to anyone else and with prior sanction of the Government.

(2) The sale shall be at the guidance value of the property as per the notification issued by the Revenue Department, from time to time, under section 45B of the Karnataka Stamp Act, 1957 (Karnataka Act 34 of 1957):

Provided that the State Government reserves the right to give rebate on the same either partially or fully in public interest.

Where this provision sits

ActThe Bruhat Bengaluru Mahanagara Palike (Estate Management) Rules, 2024.
Section5
Marginal noteSale of immovable properties
JurisdictionState of Karnataka
StatusIn force as published by the source

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