Are you planning to buy a property in Bangalore? Aware of Khata, but wondering what is difference between A Khata and B Khata? Don’t worry, we will let you know everything about this essential legal document. Khata is basically a legal paper which is important while applying for any trade or building licenses, water and electricity connections and also applying for home loans in banks or any financial institution. Khata is fundamentally necessary to evaluate the tax payable on the respective property. This document includes all information about the property like the property owner’s name, property location, its size, built up area and other such details. Khata helps to identify the property owners who are liable to pay property tax.How to apply for Khata?If you are a property owner in Bangalore then it’s essential to apply for a Khata. Let us check out how to apply for this legal document.
- You need to purchase the application from Bruhat Bangalore Mahanagara Palike (BBMP)
- After buying the form, fill all the property related details and attach the latest tax receipts.
- Submit the form to the Assistant Revenue Officer of your respective area.
- It generally takes around 5 weeks time to acquire Khata from BBMP or from the Panchayat office.
What is A Khata?Properties which acquire A Khata come under the jurisdiction of BBMP. Before buying any property in Bangalore, it is advisable to have a Khata. Property owners can be benefited with various advantages of A Khata. One such important advantage of A Khata is that property owners having this Khata are entitled to apply for bank loans. Your property is said to be legal or authorized with A Khata. Hence you can start the construction process and also attain building or trade license.What is B Khata?B Khata is a temporary document which will allow you to buy or sell the property but will be a concern when you will go for construction. With B Khata, you cannot apply for trade and building license or bank loans. Properties which own B Khata come under local jurisdiction. Formerly BBMP found that there were many unauthorized constructions which were taking pleasure of civic amenities without paying property tax. Hence the civic body felt there was a need for uniform taxation and strengthen the tax collection process. The newly created BBMP has the authority to charge the taxes on the illegal constructions. The taxes which were collected from such properties were registered under B record and the Khata which was issued came to be known as B Khata. It is advisable to avoid investing in properties under B Khata. However B Khata can be transformed into A Khata property.How can you convert B Khata to A Khata?After the irregularity issue is resolved, you can convert your B Khata property into A Khata property in following ways:
- To alter the property, you may require the DC converted property
- You can transfer the property, only if you are paying property tax on regular basis, till date
- You can upgrade your property by paying fees known as Betterment Charges. You need to submit fees along with proper documentation to the BBMP.
Hence if you are a property owner in Bangalore then make sure your property has acquired A Khata, so that you can enjoy its privileges.займ на карту без отказов круглосуточновзять кредит онлайн