Know More About Khata Transfer
What Is Khata Transfer
When the ownership of a property is transferred to another for reasons other than outright sale, it is termed as khata transfer. This could be done as extending gifts or under a person’s will in case of his death. Documents required for khata transfer include: Title deed. Receipts of taxes paid.
All of us who have purchased an Apartment and are property owners in Bangalore, know that Khata Transfer is an important to-do to complete the set of official property documents. Khata Transfer is also important for paying the property tax and avoid incurring any fine for negligence.
Time required For Khata Transfer
7 working days in the case of BDA/KHB allotted properties
30 working days in the case of revenue extensions, BDA re-conveyed areas, gramathana, high-rise buildings (both apartments & commercial complexes)
Khata Types
A Khatha | B Khatha |
Considered as a legal property | Considered as an illegal or semi-legal property |
Falls under BBMP jurisdiction | Falls under local jurisdiction |
Transfer of ownership is possible | Not possible |
Loans can be availed | Cannot avail loans |
Building plan approval, building license, trade license can be obtained | Cannot obtain the same |
Permission for construction | Cannot proceed with construction |
Water and electricity connections can be applied for | Cannot apply for the same |
Resale of property is possible | Improvements to property/resale is not permitted |
Contents of a Khatha
Property owner’s name
Size of the property/measurement of the property
Location of the property
Built-up area of the property
Whether the property is vacant or occupied
Purpose of utilization of the property
The annual value of the property