CREDAI Bengaluru Urges Karnataka Govt to Address e-Khata Issues
Real Estate

CREDAI Bengaluru Urges Karnataka Govt to Address e-Khata Issues

The Confederation of Real Estate Developers' Associations of India (CREDAI Bengaluru) submitted a letter to Krishna Byre Gowda, the Revenue Minister of Karnataka, highlighting critical issues in the real estate sector, with a particular focus on concerns related to e-khata. The same document was also presented to Munish Moudgil, the Special Commissioner (Revenue) of Bruhat Bengaluru Mahanagara Palike (BBMP).

In addition, the CREDAI Bengaluru delegation made a parallel submission to Gowda and Dayananda, the Inspector General of Registration and Commissioner of Stamps, requesting the reinstatement of the previous cap of Rs 1 million on stamp duty for both title deed deposit agreements and mortgage deeds.

Amar Mysore, the President of CREDAI Bengaluru, stated that the sudden implementation of mandatory e-khata had led to a surge in applications, resulting in an overflow and causing significant distress for people trying to get their documents registered. He pointed out that the recent increase in stamp duty rates, implemented disproportionately, had affected the real estate sector. For example, a MoDT for a construction finance loan of Rs 1 billion now incurs a stamp duty of Rs 5 million, compared to the previous cap of Rs 1 million.

He further noted that the current process of uploading documents for e-khata and the verification procedures adopted by BBMP were time-consuming and cumbersome, leading to delays in the registration process for various documents.

CREDAI Bengaluru requested the implementation of e-khata in a phased manner to ensure smooth operations, as e-khata across Bengaluru urban limits was still in the process of being updated and uploaded onto the e-aasthi portal. The industry body also expressed concerns regarding how the new system was affecting stamp duty calculations for undeveloped land. With the insistence on e-khata, undeveloped lands were now being wrongly valued based on price per square foot, rather than the previous method of valuing by the acre.

The Confederation of Real Estate Developers' Associations of India (CREDAI Bengaluru) submitted a letter to Krishna Byre Gowda, the Revenue Minister of Karnataka, highlighting critical issues in the real estate sector, with a particular focus on concerns related to e-khata. The same document was also presented to Munish Moudgil, the Special Commissioner (Revenue) of Bruhat Bengaluru Mahanagara Palike (BBMP). In addition, the CREDAI Bengaluru delegation made a parallel submission to Gowda and Dayananda, the Inspector General of Registration and Commissioner of Stamps, requesting the reinstatement of the previous cap of Rs 1 million on stamp duty for both title deed deposit agreements and mortgage deeds. Amar Mysore, the President of CREDAI Bengaluru, stated that the sudden implementation of mandatory e-khata had led to a surge in applications, resulting in an overflow and causing significant distress for people trying to get their documents registered. He pointed out that the recent increase in stamp duty rates, implemented disproportionately, had affected the real estate sector. For example, a MoDT for a construction finance loan of Rs 1 billion now incurs a stamp duty of Rs 5 million, compared to the previous cap of Rs 1 million. He further noted that the current process of uploading documents for e-khata and the verification procedures adopted by BBMP were time-consuming and cumbersome, leading to delays in the registration process for various documents. CREDAI Bengaluru requested the implementation of e-khata in a phased manner to ensure smooth operations, as e-khata across Bengaluru urban limits was still in the process of being updated and uploaded onto the e-aasthi portal. The industry body also expressed concerns regarding how the new system was affecting stamp duty calculations for undeveloped land. With the insistence on e-khata, undeveloped lands were now being wrongly valued based on price per square foot, rather than the previous method of valuing by the acre.

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement