Buyers in Mysuru tread cautiously after ED attaches Muda properties, – Homevior


MYSURU: Prospective buyers of sites in the jurisdiction of Mysore Urban Development Authority (Muda) are treading cautiously after the Enforcement Directorate (ED) announced attachment of properties linked to the controversial 50:50 scheme in various parts of Mysuru in mid-Jan.

Though the directive is not legally binding on authorities of the department of stamps and registration, according to officers, buyers remain sceptical. Officials at sub-registrar offices clarified that they would attach properties only if there were an injunction by a court of law.

A sub-registrar, on condition of anonymity, confirmed that they received a communication from the ED, Bengaluru, about the details of sites under investigation by the ED. “A booklet containing information on the sites was issued to all sub-registrars concerned by the ED, but there is no specific information about not registering any property. Since it was issued by the ED, we are just keeping it with us without taking any action, but we are tracking any transaction related to the said sites in Dattagalli and Vijayanagar,” the official said.

Another officer said some sites changed hands. After the first registration by the Muda to the allottee, such sites are later registered in respective sub-registrar offices.

“The ED’s attachment notice has created confusion among buyers and sellers of those sites,” said Adish Sagar MD, a real estate consultant. Two of the owners/buyers of disputed sites approached him for a transaction, but he advised them to delay the process.

An official of Muda said since the sites are distributed by the urban development body, their role is limited in the attachment process.

A senior officer attached to the department of stamps and registration said if there are any such attachment orders, it is directly forwarded to the sub-registrar concerned. As per the provisions of the act and rules of registration, only such sites and lands are not registered if it is directed by the court. Then it is entered in the record and registered at the offices to stop any transaction.

The attachment process is followed as per Section 145 of Karnataka Registration Rules 1965, which states that the registering officer should not entertain any petition protesting the registration of a document. Such petitions, when insisted upon, should be received and returned immediately with an appropriate endorsement, and no record should be kept in the office, the registration officer revealed.

Activist Snehamayi Krishna, who is a petitioner in the Muda scam case, claimed the ED directive is binding on the registration officers and no transaction should be made on the attached properties.

  • Published On Feb 11, 2025 at 02:00 PM IST



Source Homevior.in

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