Saturday, July 23, 2011

Khatha Transfer Procedure, Bengaluru

Khatha/Khata means just an account of the property holder in the city, this is used for accessing the property tax within BBMP (Bruhat Bengaluru Mahanagara Palike) jurisdiction. Its mainly required when you want to sell the property, or when you want to apply for a loan or transfer the loan to another bank.

Once you purchase a property (A site or an apartment) you have to transfer the khatha in your name after registering the property. In case of an apartment, the builder will first need to have the khatha transfered in their name from the land lord & then there should be a khatha bifurcation done to each individual apt. Then the individual owner has to transfer the khatha in their name after registration.

List of documents required for Khatha Transfer (Apartment):
1) Notarized or registered copy of apartment sale deed (mandatory).
2) Demand Draft (payable in Bangalore) in name of Commissioner BBMP for 2% of stamp
duty paid.
3) Copy of khatha for land (Get it from the builder)
4) Copy of upto date tax paid receipt (Get it from builder for pre-registration period & latest tax paid receipts by you for post registration period)
5) Copy of Encumbrance certificate (You can get it from the sub-registrar office)
6) Copy of BDA approval (Get it from the builder)
7) Copy of occupancy certificate (Again get it from the builder)
8) Copy of apartment Floor plan

Procedure for Khatha transfer:
  • Find the BBMP office for your ward, you can get the address from the BBMP website.
  • You can get the Khatha transfer form from these BBMP offices, fill it & submit all the above mentioned documents with the filled in form in the BBMP office.
  • Once you submit all the documents and the form, they will give you an acknowledgement form (essentially a pink form attached to the form you submit.
  • After they approve (approx. lead time of 3/4 weeks), they will ask you to submit the DD
  • Once you submit the DD, it will take a week to get the Khatha document after that
  • When you collect the Khatha documents (3 in all), they will also give you the receipt for the DD amount paid by you

Khatha Transfer Fee:
2% stamp duty of your registered value + 125/- admin fee)

BBMP Website for more info ...


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