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.
Get Assistance with Khata Transfer & Property Document Verification Done Via NoBroker Legal Experts HereRead More:
What are the Steps of BBMP Khata Transfer?
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.
Get Khata Transfer Facility Through Legal Experts from NoBroker!
Some related information: What is Khata Transfer Process? What is the difference between A Khata and B Khata?Authors Of The Question
What are the Charges for Making a Khata Transfer?
Masood khan
3383Views
8 months
2024-01-09T10:33:35+00:00 2024-01-19T14:10:44+00:00Comment
2 Answers
Share