Karnataka ‘B’ Khata plan: Impact on Properties
If you own a property in Karnataka that is only partially legal or approved by the government, you might have some good news coming your way. The state government has proposed to grant ‘B’ khatas to all such properties, giving them some legal recognition and benefits.
Urban Development Minister B S Suresha (Byrathi) announced the proposal on Friday and said it is submitting to the chief minister for approval. He also noted that the move will generate an additional revenue of around Rs 2,000 crore for the state exchequer.
But what are ‘B’ khatas, and why are they important? Let’s find out.
What are ‘B’ khatas?
A ‘B’ khata is a legal document showing that you have paid the property tax. However, it does not mean your property is legal or follows the government rules and regulations regarding properties in Karnataka.
According to BBMP, the municipal corporation of Bangalore, there are two khatas: A khata and B khata. Khata properties have valid documents and a verifying by state agencies, while B khata properties are illegal or violate government rules.
Some of the common reasons why your property might be listed under B khata are:
- You have built your property on revenue land, not meant for residential or commercial purposes.
- You have created your property without getting the necessary certificates or approvals from the authorities.
- You have made your property in a way that does not follow the building bylaws or norms.
- You have made your property in an unauthorized layout or colony.
Why is this proposal important?
The proposal to grant ‘B’ khatas to illegal layouts is essential for several reasons. First, it will help the state government collect property taxes from lakhs of properties currently not paying taxes due to their illegal status. This will boost the state’s revenue and help provide better civic amenities and infrastructure.
Second, it will help you as a property owner to get some legal recognition and relief from harassment by officials and intermediaries. You can also get loans from banks and other financial institutions to construct or improve your property.
Third, it will pave the way for regularizing these properties under the Akrama-Sakrama scheme, which has been pending in the Supreme Court for years. The project will standardize unauthorized constructions and layouts by imposing penalties and fees.
If you have a property that falls under the B khata category, you will soon be able to enjoy some benefits and rights that were previously denied to you. However, you should also be aware of the risks and challenges involved in owning such a property and take the necessary steps to make it legal and compliant with government rules.
How Karnataka’s new proposal will benefit lakhs of property owners with ‘B’ khatas
If you own a property in Karnataka that is only partially legal or approved by the government, you might have some good news coming your way. The state government has proposed to grant ‘B’ khatas to all such properties, giving them some legal recognition and benefits.
Urban Development Minister B S Suresha (Byrathi) announced the proposal on Friday and said it is submitting to the chief minister for approval. He also noted that the move will generate an additional revenue of around Rs 2,000 crore for the state exchequer.
But what are ‘B’ khatas, and why are they important? Let’s find out.
What are ‘B’ khatas?
A ‘B’ khata is a legal document showing that you have paid the property tax. However, it does not mean your property is legal or follows the government rules and regulations regarding properties in Karnataka.
According to BBMP, the municipal corporation of Bangalore, there are two khatas: A khata and B khata. Khata properties have valid documents and a verifying by state agencies, while B khata properties are illegal or violate government rules.
Some of the common reasons why your property might be listed under B khata are:
- You have built your property on revenue land, not meant for residential or commercial purposes.
- You have created your property without getting the necessary certificates or approvals from the authorities.
- You have made your property in a way that does not follow the building bylaws or norms.
- You have made your property in an unauthorized layout or colony.
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Why is this proposal important?
The proposal to grant ‘B’ khatas to illegal layouts is essential for several reasons. First, it will help the state government collect property taxes from lakhs of properties currently not paying taxes due to their illegal status. This will boost the revenue of Karnataka and help provide better civic amenities and infrastructure.
Second, it will help you as a property owner to get some legal recognition and relief from harassment by officials and intermediaries. You can also get loans from banks and other financial institutions to construct or improve your property.
Third, it will pave the way for regularizing these properties under the Akrama-Sakrama scheme, which has been pending in the Supreme Court for years. The project will standardize unauthorized constructions and layouts by imposing penalties and fees.
If you have a property that falls under the B khata category, you will soon be able to enjoy some benefits and rights that were previously denied to you. However, you should also be aware of the risks and challenges involved in owning such a property and take the necessary steps to make it legal and compliant with government rules.
