The word Khata means ‘Account’. Khata is an account that is required for paying property tax by the owner of the property. The property tax is paid after assessing the valuation of the property by the concern authority for paying the taxes. Owners are subjected to pay property tax under the legal provisions of the tax laws.
Obtaining Khata does not confer the ownership of the property. It confers the person who is liable to pay the property tax. Property tax must be paid by the property owners. All owners who have property which comes under the preview of BBMP Jurisdiction are eligible to obtain Khata. Khata is a very important document for applying any license for the property, or to sell the property, or to apply a loan for the property.
When a property is transferred from a buyer to seller, it has to be informed to the BBMP within three months of transaction. In case of death of either the buyer or seller, it has to be informed within 1 year.
Khata is one of the most essential legal documents for the purpose of registration of sale deed in the name of purchaser. Having Khata avoids unreasonable delays during the transfer of ownership from seller to buyer. Khata is an essential document for applying loan in banks or some housing finance companies. Khata consists all the details of the property like name of owner, size of the buildings, location of the property and all other details that helps to file the property tax.
There are two types of Khata
1. Khata Extract.
2. Khata Certificate.
Importance of Khata Extract
Khata Extract is required to get trade license, or to buy a particular property. It is an extract from the assessment register about any particular property. It has the details of the property in a particular format. An extract is the only way to get the details of any property.
How to obtain Khata Extract:
For getting a khata extract, owner of the property has to give letter of requisition with property location and details. The fee is Rs.100/- per extract for a period of 5 years of the property.
Importance of Khata Certificate
A BBMP Khata certificate is required for two major purposes
1. For registration of a new property.
2. For transfer of any property.
How to obtain Khata Certificate:
For applying khata certificate, the owner of the property has to give letter of requisition along with details and the latest tax paid receipts to Assistant officer for the sub-division or range. The fee for certificate is Rs.25/- per property. Khata Certificate is obtained for any new registration after paying the tax. This certificate is an essential document to apply for water connection, electricity connection, trade license and building license. The Khata certificate is issued in favor of the absolute owner of the property. Khata certificate can be obtained within a week. And also it is available in citizen service centers.
Document required to obtain Khata
For Khata registration, you needed to enclose the following documents along with the registration form.
1. Documents required for property of land type- Revenue Pockets / BDA Reconveyed areas / Gramathana :
1. Title deed (Reconveyed documents from BDA in case of BDA Reconveyed areas)
2. Tax paid receipts and Khata details.
3. Sketch of your property showing its boundaries and location of site
4. Improvement Charges
5. National Saving Certificates for Rs.200/-
6. Encumbrance certificate for vacant sites
7. Flow chart of title.
2. Documents required for property of land of BDA / KHB Layout
1. Title deed or Possession certificate
2.National Saving Certificates for Rs.200/
3. Encumbrance certificate for vacant sites
4. Flow chart of title.
Khata transfer is required when the ownership of property is transferred from one person to another for any reason like sale of property, gift, will or in case of death of property owner and so on. The application for Khata transfer is the same as that of registration and the documents needed along with the application are as follows:
1. Title deed
2. Tax paid receipts and Khata details
3. Paid up improvement charges receipt
4. National Saving Certificates for Rs.200/-
5. Death certificate of owner (in case of application due to death own property owner)
6. Affidavit declaring the applicants is legal heirs of the deceased khatedar.
Bifurcation of Khata
Bifurcation of Khata is modifying two or more Khata into one or dividing one Khata into two or more Khata. Application form for bifurcation of Khata is the same as that of the registration of Khata.
Khata Registration Fee
After the property is assessed, BBMP formally communicates this, mentioning the property dimensions (in sq feet), its value as per BBMP assessment and the tax liability thereon. You are also provided with a notice, mentioning the same and informing you to pay the Khata Registration fee – 2% of the property value as mentioned in the Sale deed. Once you pay the Khata Registration fee, in about 1-2 weeks, you will receive the notice for paying the pending property tax. Without this the Khata Extract will not be issued in your name. But if you have reached this point it means Khata has been technically registered on your name.