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Importance Of Khata To Purchase A Property

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…

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