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BBMP asks the government to allow the conversion of khata B to khata A
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April 21, 2020: In order to ensure uniformity in the collection of property tax, the Bruhat Bengaluru Mahanagara Palike (BBMP) has sought the government’s affirmation for conversion of B khata properties to A khata as part of its actions to increase the flow of revenue. A proposal to suggesting this change was introduced in the budget approved by the BBMP council on April 20, 2020.
What Is a Khata?
Khata is a revenue document that records details about the property, including size, location and built-up area, and makes the owner liable for payment of property tax.
What Is A B Khata?
Post the expansion of civic agency in 2007, many prohibited constructions in newly added areas came under its ambit and a separate register was maintained to collect tax from these properties. This register came to know as the B khata register.
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As per BBMP officials, as many as 5.3 lakh properties are registered under B khata. The BBMP hopes to assemble over Rs 1,500 crore worth of revenue just by converting B khata properties to A khata. The process would identify B khata properties and provide a certificate for legal compliance.
Which Properties Are Allowed To Convert?
You can apply for A Khata for properties that have small differences or deviations from the acceptable building regulations of the time.
What Is The B Khata To A Khata Conversion Cost
It can cost from anywhere from INR 200 per sq. m. in the city’s heart, whereas it can cost up to INR 250 in the exterior zones. Typically, you may have to pay a small 2% conversion fee. You can always check the cost of b khata to a khata conversion in Bangalore 2022 from the BBMP website.
Is B Khata Safe In Bangalore?
A B Khata typically allows you to sell a property but doesn’t provide building rights in case you want to reconstruct or build your property. That said, there are no specific safety issues in Bangalore regarding B Khata properties.
How To Get A Loan Against B Khata Properties?
National banks do not provide loans against B properties, as it is not a legally binding document indicating ownership. That said, private banks are known to offer loans, however at a higher rate of interest than A Khata properties. You can always keep up with the recent BBMP B khata news and interest rates from banks online.
B khata owners struggle with establishing building ownership, getting bank loans and civic benefits. The officials maintain the conversion will help B khata property owners with these difficulties.
Read: A Look into What Rera Karnataka
However, a segment of corporators and urban planners are against the move, believing that it is just the regularisation of illegal constructions in the city. “The issue is already in court and we should not be touching this topic by giving it a different name,” said a BJP corporator. Opposition leaders in the council too said the government should not go ahead with it until the BBMP elections are over.
Read: The Cheapest Places To Live In Bengaluru
However, the BBMP authorities maintained the stance that khata conversion will not cover properties that have violated the building plan and those constructed on unauthorized layouts.
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FAQ's
Ans. Post the expansion of civic agency in 2007, many prohibited constructions in newly added areas came under its ambit and a separate register was maintained to collect tax from these properties. This register came to know as B khata register.
Ans. You can apply for A Khata for properties that have small differences or deviations from the acceptable building regulations of the time.
Ans.It can cost from anywhere from INR 200 per sq. m. in the city’s heart, whereas it can cost up to INR 250 in the exterior zones. Typically, you may have to pay a small 2% conversion fee.
Ans. There are no specific safety issues in Bangalore regarding B Khata properties.
Ans. National banks do not provide loans against B properties, as it is not a legally binding document indicating ownership. That said, private banks are known to offer loans, however at a higher rate of interest than A Khata properties.
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