New Generation Bangalore investors have come to a cross road, saying “Having an apartment is not enough, searching for little land of own”.
I came across the question from one of my friend’s son who is interested to purchase a Plot in Bangalore and that land falls under ‘B Khata’. He asked me about the goodness to have a property with B khata and what is the difference between A and B Khata creating Confusions all over. Soon I picked up my Phone and Laptop insisted of Pen and Paper, thinking of putting an end to confusions. This is the extract of few land Law Practicing friends told from Bangalore.
Let us
know at what is meant by “Khata” according to BBMP (Bruhat Bangalore Mahanagara
Palike). Khata is an account of assessment of a property, recording
details about your property such as size, location, built up area and so on
for the purpose of payment of property tax. It is also a kind of
identification of the person who is primarily liable for payment of tax.
It is required when you require a building license,
trade licence or loan from banks or any other financial transactions.
It is mandatory for all property owners to pay property tax, hence you need to
have Khata. This is almost same as elsewhere in other state with
different tag.
Have a
close look at the reasons behind the origin of A Khata and B Khata
lands. In 2007 those under the seven City Municipal Councils (CMC) of
Bommanahalli, Dasarahalli, Krishnarajapuram, Raja Rajeshwari Nagar, Mahadevapura,
Byatarayanapura, Yelahanka, one Town Municipal Council (TMC) of Kengeri and 110
villages, were brought under the fold of the Bangalore Mahanagara Palike
(BMP). Following this expansion and creation of the Bruhat Bangalore
Mahanagara Palike (BBMP), those who did not have appropriate approval from the
concerned land development authority and yet to come under the ambit of
the Palike were issued an acknowledgment which was in common parlance
known as B Khata.
However,
in reality, ‘B’ Khatha does not exist. Property identification numbers are
entered into a register called as ‘B’ register stating that the civic
agency has been paid its dues by the property owners. For
citizens in need of an approval from the appropriate land development authority
but have a Deputy Commissioner (DC) conversion, the BBMP re-introduced
Betterment Charges which will entail people to take a Khata on their property.
This is how B Khata originated in the mind of property owners, but legal ownership is intact.
Now the
disadvantages of having B khata is that, you will not
get building license, trade licence or loan from banks or any
other financial transactions. Hence it is big hurdle to have B Khata
land. It’s good to know what are the ways of converting B Khata land to A khata.
As simple
as else were, by paying some betterment
charges to Corporation , you can convert
B Khata to A Khata. But you will face lot of hurdles, few of them are
as below.
No comments:
Post a Comment