When transferring a Khata (a vital property document) in Bengaluru, you’ll encounter the following khata transfer charges. These charges vary by municipality and typically depend on the property's value and location.
What are BBMP Khata Transfer Charges?
Application Fee: A nominal fee for processing the application.
Transfer Fee: Typically around 2% of the property’s registration value. This fee ensures that the municipal records reflect the current owner after the transfer.
For example, if the purchase value of your property is Rs. 30 lakh and the stamp duty is 5% of the purchase value:
Stamp duty: Rs. 30 lakh × 5% = Rs. 1.5 lakh
Khata transfer fee: Rs. 1.5 lakh × 2% = Rs. 3,000 (approximately).
Remember, updating the Khata is crucial for paying property taxes, securing loans, and avoiding legal disputes. Prioritise transferring the Khata to your name to solidify legal ownership and facilitate smooth property transactions. I hope this helps you understand the BBMP khata transfer fee.
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According to the BBMP, i.e. the Bengaluru Bruhat Mahanagara Palike, the payment for making the Khata transfer fee is charged at the rate of 2% on the value of the stamp duty of the sale deed. When you make a Khata transfer, you need to enclose the proof of paying the property tax up to date.
You can find all the other relevant
information related to Khata payment by visiting this link
. I hope this helps you to know the Khata transfer charges.
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Some related information: What is Khata Transfer Process? What is the difference between A Khata and B Khata?Your Feedback Matters! How was this Answer?
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Authors Of The Question
What are the Charges for Making a Khata Transfer?
Masood khan
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2 Answers
11 months
2024-01-09T10:33:35+00:00 2024-12-04T13:53:29+00:00Comment
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