Is it safe to buy B-Khata Property in Bangalore? %%Discharge Deed%% %%Reconveyance Deed%% %%MODT registration (Mortgage registration)%% %%Memorandum of Deposit of Title Deeds%% %%Power of Attorney%% %%General Power of Attorney%% %%Special Power of Attorney%% %%Agreement of Sale%% %%Sale Deed%% %%Will Registration%% %%e-khata%% %%ekhata%% %%Revocation of Power of Attorney%% %%Revocation of General Power of Attorney%% %%Encumbrance Certificate%% %%Sale Deed copy%% %%Sale Deed Certified copy%% %%Encumbrance Certificate%% %%Gift Deed%% %%Release Deed%% %%Relinquishment Deed%% %%Rectification Deed%% %%Partition Deed%% %%Settlement Deed%% %%Rental Agreement%% %%Lease Agreement%% %fidavit%% %%Property Tax payment%% %%Sale Deed Registration%% %%Gift Deed Registration%% %%Release Deed Registration%% PGN Property

We prefer B-Khata property because of price advantage. As B-khata property priced less compared to A-Khata Based on my experience, buying B-khata property in an Apartment or villa is safe.

let me share my experience of dealing with B-Khata property: In 2012, my client booked 2BHK under-construction flat for the consideration of Rs. 26.51 Lakhs As per the approved plan, the apartment consists of four floors and this apartment was being built on A-Khata land In 2014, the builder almost completed the construction. My client paid the consideration of Rs. 26.51 lakhs and registered the property. Below is our registered sale deed and we highlighted sale consideration for your reference

Later, the builder constructed two additional flats on the terrace, which was a deviation from approved plan. Due to this deviation, builder could not get Occupancy Certificate (OC) from local body. Without OC from builder, my client could not get A-Khata for the flat. Instead, we received B-Khata. Refer to the B-Khata image below

After 10 years in 2024, my client decided to sell this flat and we found buyer for the consideration of Rs. 49.50 lakhs. (Over the 10 years, this location is well developed and posse in Varthur. Market value with A -khata is around 1Cr. Since our flat is a B-khata, market hampers valuation and buyers take advantage for deep negotiation) From the buyer's perspective, Rs. 49.50 lakhs is a good offer, and on top of it, SBI offered a loan of 70% of buying price. B-Khata is accepted in sub-registrar office for sale deed registration. Below is the registered sale deed and we highlighted the consideration in below image for your reference

Note:

We may buy B-Khata property constructed on A-khata land with minor deviation from approved plan
Buying B-Khata property constructed on B-Khata land is more risky and worthless. Because this kind of property may not even get approval for basic amenities of water, electricity and sewage accessibility
We can buy and sell B-Khata property without many issues but B-Khata property hamper valuation and ROI is not up to the expectation

We assist in registering B-Khata property. Please write to us pgnproperties@gmail.com or Whatsapp to +91-97424-79020 Thank you for reading…

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