E-Khata’s Role In Property Purchase
Introduction
E-Khata Role In Property Purchase- If you’re looking to purchase a home in Bengaluru, you’ve likely heard of “Khata” or “e Khata.” People frequently conflate the terms title deed and khata. The khata is required for the property tax calculation, even if the title deed is a written contract between a seller and buyer that serves as legal ownership proof during the Transfer of Property. Learn more about e-khata and how to submit one electronically to the panchayat in the following paragraphs:
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E-Khata: What Is It?
Khata means an account in English. According to real estate terminology, it is a legal document that includes details about the property, such as the owner’s name, the property’s measurements, its location, etc. This paper specifies how Bangalore’s Bruhat Bengaluru Mahanagara Palike (BBMP) will assess property owners.
A Khata that has been submit online is now refers to as a “e-Khata.” All the relevant data that was manually record is include in this computerize version. There are no additional criteria from the BBMP for it.
E-Khata’s Role in Property Purchases
When purchasing or selling any form of property, the Khata is an essential document that is requires. The acquisition procedure as well as the two primary khata categories—A khata and B khata—have already been discussed. The newest participant in the Khata market is the E-Khata, an electronic Khata that is completed online.
Generally speaking, a Khata is a record of details about a property, such as the name of the owner, the property’s dimensions, location, built-up area, area, etc. It also determines the official taxpayer for the property and calculates the amount of tax due on each individual property.
Once the official procedure of authenticating the property is over, property owners receive Khata & PID numbers for their properties.
The ease with which one may receive the most recent extracts & certifications for each property from BBMP facilities and kiosks is one of the key advantages of E-Khata. E-Khata is available for all properties that the BBMP manages.
However, because the BBMP has not completed the process of verifying all of the properties, many properties still do not have PID numbers. Since they are maintain in manual Khata records, the majority of properties simply have Khata numbers. Properties listed in the B registry will not be qualified for E-Khata because they lack a PID.
How Is E-Khata Used?
An e-Khata application can be submit in one of two ways:
- You can manually apply for an e-Khata by going to a nearby BangaloreOne centre. By visiting the SAKALA website and entering your PID number, you can also submit an online application for e-Khata.
- Fill out the e-Khata application form online and add any supporting documents, like a sale deed, an encumbrance certificate, an ID card, etc.
- The application will receive a SAKALA acknowledgement number once it has been processed. For your Khata, you’ll receive a digital signature. After that, you can download e-Khata.
- An officer will contact you if your application is reject and ask you to submit it again.
- The e Khata online application & download procedure is related to all that has been said.
Advantages Of E-Khata
So what benefits come with owning an E-Khata? It is akin to a net banking account, which allows online transactions and saves you the time and inconvenience of going to a bank, to put it simply. E-Khata behaves in a comparable way. You have constant access to your Khata account data. Online real estate tax payments are also an option.
However, in order to use e-Khata, you require a property identification (PID) number. Uncertain of what a PID number is? In Bangalore, every property is assign a unique identification number.
Each property registered with the Bangalore Mahanagara Palike (BMP), the body in charge of managing Bangalore till 2007, received a PID number.
In 2007, the BMP expanded to become the BBMP. It took over a number of municipal corporations & satellite towns after 2007. Because of this, many properties still do not have a PID number.
If you don’t have a PID number, you can always get in touch with your neighbourhood BBMP ward office.
Each property will receive a unique ID from Bengaluru
The BBMP is currently aiming to assign each property in Bangalore a digital address, similar to PID.
The authority and Keonics collaborated on the revolutionary DiGi-7 project to develop a digital identification number.
Each region, sub-area, lane, & bylane will be given a combination of letters and numbers; each unique identification will be seven digits long and alphanumeric. By March 2018, the BBMP had already assigned unique IDs to over 19 Lakh properties in the city.
How to Find Khata Information Online in Karnataka
- To verify any property information in Karnataka, go to e Swathu.
- Choose the “verify papers” link from the home page.
- When you choose to receive a property search report,
- Select one from 9 choices to confirm A Khata’s information.
- Either the property’s ID number or merely the owner’s name can be entered.
- Decide which town or ward the property is in.
- selecting a village (please notice that the village and gramme panchayat will be the same)
- Select the search option to finish.
- After choosing the search option, you will see the property details, including the owner’s name, the village’s name, the assessment number, and the document number.
A Step-by-Step Guide for Registering Khata
Obtain a Copy of the Sale Deed That Has Been Notarized:
Obtaining a notarize copy of your sales contract that has been properly attest by a notary is the first step in establishing a Khata.
Apply for an Encumbrance Certificate (EC) for your property:
In order to register Khata, you must have an EC for your property. While applying for the EC, which normally takes seven days to be issue, make sure you have a copy of your sales deed.
Get the Khata Registration Application Form:
You need to get the Khata registration form in order to start the registration procedure. These forms can be download from the official BBMP website or obtain from any BBMP office. It is significant to notice that the Khata registration, transfer, & modification application forms are identical.
Complete the Khata Registration Application Form:
Carefully fill out the Khata registration application form, making sure to attach all the essential paperwork for the Khata application procedure.
Submit the Khata Application Form:
Send the completed Khata application form and the required documentation to the BBMP office that is closest to you. Get a sealed acknowledgement for your contribution, please.
Check Your Khata Application’s Status:
Every 15 days, stop by the BBMP office to find out the status of your Khata application. Consider making a Right to Information (RTI) request if you have not received a response after two months to learn the status of your Khata application.
Property Evaluation:
A revenue officer from the BBMP will visit your property to evaluate and verify its details after processing your application.
Pay the Khata Registration Fee:
Following the BBMP’s official assessment, you’ll receive a statement outlining the specifics of your property, including its measurements and assessed worth. The Khata registration fee, which is equal to 2% of the property’s value as stated in your sales deed, must be paid. You’ll get a notice to pay any outstanding property taxes after paying the Khata registration cost. This shows that Khata has been successfully register in your name. The pending property tax will be paid after you receive the Khata extract in your name.
Additional Details
- The Khata application form is Rs. 10/- in price.
- Compared to residential homes, commercial properties are subject to twice as much tax.
- After paying the Khata registration fee, property owners are normally allow to pay any outstanding property taxes within 10 to 15 days.
The Electronic Alternative, E-Khata
E-Khata, or electronic Khata, makes it simple and effective for property owners to finish Khata-related tasks online. To qualify for E-Khata, property owners must meet certain eligibility requirements.
- Both a Property Identification (PID) number and a Khata must be current for the property.
- Only properties with an A Khata registration and a PID number are eligible for E-Khata. Properties in B Khata are ineligible because they lack PID numbers.
Documents Needed To Register With E-Khata
The following documents, along with the application form, are requires for property owners whose properties were allocate by the Bangalore Development Authority (BDA) or Karnataka Housing Board to register with E-Khata:
- Registered title deed attested copy.
- a duplicate of the prior Khata.
- Encumbrance Certificate (EC) most recent.
- a copy of the most recent property tax receipts.
- Certificate of Possession.
- a sketch showing the dimensions and location of the property.
- An affidavit proving a blood connection.
- An affidavit of gift, succession, or inheritance.
- For amalgamation or bifurcation, the BDA has issued a No Objection Certificate (NOC).
- images of the landowner.
- A copy of the property owner’s photo identification document, such as a passport, PAN card, or driver’s licence.
Conclusion
For Bangalore property owners, registering, transferring, or changing Khata is a crucial procedure. To ensure a seamless and lawful property sale, it is essential to comprehend the procedures and regulations involved. Whatever method you choose—traditional Khata or computerized E-Khata—full documentation and adherence to BBMP criteria are important for a good outcome.
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