First allow us to look into what's meant by “Khata” consistent with BBMP (Bruhat city Mahanagara Palike). Khata is associate degree account of assessment of a property, recording details regarding your property like size, location, designed up space so on for the aim of payment of capital levy. it's conjointly a form of identification of the one who is primarily accountable for payment of tax. it's needed once you need a building license, trade licence or loan from banks or the other money transactions. it's obligatory for all property homeowners to pay capital levy, thence you wish to possess khata.Now distinction between Khata and deed is, khata is associate degree account of assessment of a property for payment of tax solely. thence khata won't confer possession of property. Whereas deed is that the valid document that confer possession on property.
A Khata is actually a revenue document, particularization the assessment of a property, recording details regarding the property like size, location, designed up space so on for the aim of payment of capital levy. it's conjointly a form of identification of the one who is primarily accountable for payment of capital levy.
Let us look into the explanations behind the origin of A Khata and B Khata lands. In 2007, those underneath the seven town Municipal Councils (CMC)?of Bommanahalli, Dasarahalli, Krishnarajapuram, Raja Rajeshwari Nagar, Mahadevapura, Byatarayanapura, Yelahanka, one city Municipal Council (TMC) of Kengeri and a hundred and ten villages, were brought underneath the fold of the city Mahanagara Palike (BMP). Following this enlargement and creation of the Bruhat city Mahanagara Palike (BBMP), those that failed to have acceptable approval from the involved development authority associate degreed however to return underneath the orbit of the Palike were issued an acknowledgment that was in common idiom referred to as ‘B’ Khata.
However, in reality, ‘B’ Khatha doesn't exist. Property identification numbers square measure entered into a register known as as ‘B’ register stating that the civic agency has been paid its dues by the property homeowners. For voters in would like of associate degree approval from the acceptable development authority however have a Deputy Commissioner (DC)?conversion, the BBMP re-introduced Betterment Charges which is able to entail folks to require a Khata on their property. this can be however B Khata originated within the mind of property homeowners however not lawfully
Now the disadvantages of getting B khata is that, you'll not get building license, trade licence or loan from banks or the other money transactions. thence it's huge hurdle to possess B Khata land. currently what square measure the ways in which of changing B Khata land to A khata?
By paying betterment charges you'll convert B Khata to A Khata. however you'll face heap of hurdles, few of them square measure as below.
1) you ought to have DC born-again property
2) Tax should be paid until date
3) Betterment charges for the conversion property have to be compelled to paid to BBMP.
So the answer is to avoid getting B Khata properties and like A Khata to possess snug position in dealing future money group action hurdles.
WE ARE PROVIDING HOMELOAN FOR B KHATA PROPERTY IN BANGALORE(EAST,NORTH,SOUNTH,WEST)