Allow conversion of B Khata properties to boost revenue: Bangalore civic body to Govt

The Bruhat Bengaluru Mahanagara Palike (BBMP) has mentioned the Karnataka government to change over around 5.3 lakh B Khata properties into A Khata to create income assets.

Properties such as Prestige Smart City Sarjapur, Prestige Waterford Whitefield and Godrej Royale Woods Devanahalli, All upcoming residential apartments in Bangalore are going to be A-Khata Properties.

Bangalore Real Estate

In an ongoing turn of events, the Bruhat Bengaluru Mahanagara Palike (BBMP) has asked the Karnataka government to give authorization to change over the current properties into A Khata properties. The solicitation has been made to expand the income stream and to guarantee consistency in the property charge assortment framework.

A Khata is an income record which enrolls the subtleties of the property, area, developed zone and makes the proprietor legitimately at risk to make good on the property charge. After the municipal body’s development in 2007, numerous illicit states went under its ambit, and a different record. B Khata was kept up to gather charge from such properties.

The city body has mentioned the administration to change over the properties to A Khata as it would like to prepare over Rs 1,500 crore in income. In addition, the transformation will likewise help the land owners in getting building proprietorship, get bank advances and other city benefits.

In any case, a segment of corporators is contradicting the proceed onward the grounds of sub-legal nature of the issue. The metro body has explained that if the proposition gets endorsed by the State. The status of illicit properties made with an imperfect design and building plan infringement won’t be changed over.