+
Mysuru civic body to provide B Khata to 50k revenue houses
Real Estate

Mysuru civic body to provide B Khata to 50k revenue houses

The Karnataka government has proposed to promote B Khata site holders to the A Khata group in Bengaluru.The Mysuru Municipal Corporation approved a plan to provide the B Khata to the 50,000 revenue houses in Mysuru.

If the government approves this offer, the corporation would have to acquire Rs 25 crore as revenue from these properties every year.

Many properties were within the corporation’s limits without any Khata or tax records. Despite this, the corporation provided them with underground drainage, water, street lights, roads, parks, cleanliness, and additional basic facilities.

In a recent meeting, the council evaluated and discussed this issue and approved the proposal to give the khata-less B Khatas, and the offer was sent to the government.

Currently, just 10% of revenue layouts are registered in the office of sub-registrar and fetching tax corporations.

For the officials to verify the location of the property and to publish a newspaper notification to the state property, residents must provide their electricity or gas bills. So, the property is enrolled in the B Khata list process.

After not receiving any objections from the public, the property is registered in the B register, and an ID number is issued.

Under the Akrama-Sakrama scheme, if the government approves a property, a B Khata can be changed into an A Khata.

According to the Karnataka Municipal Corporations Act (KMC) 1976, the city corporation can impose a tax on empty spaces and buildings in its jurisdiction. Once levied, the revenue landowners suffering from a lack of loan facilities from the bank can be profited as well.

Lakshmikanth Reddy, Commissioner Mysuru City, told the media that in Mysuru, 50,000 houses do not have Khatas.

The corporation is not earning any income from these properties. After they are added to the B register, landowners will receive the documents, and the corporation would get tax, increasing their revenue by 20%.

Image Source

Also read: Mysuru corporation leases properties in prime locations in the city

The Karnataka government has proposed to promote B Khata site holders to the A Khata group in Bengaluru.The Mysuru Municipal Corporation approved a plan to provide the B Khata to the 50,000 revenue houses in Mysuru. If the government approves this offer, the corporation would have to acquire Rs 25 crore as revenue from these properties every year. Many properties were within the corporation’s limits without any Khata or tax records. Despite this, the corporation provided them with underground drainage, water, street lights, roads, parks, cleanliness, and additional basic facilities. In a recent meeting, the council evaluated and discussed this issue and approved the proposal to give the khata-less B Khatas, and the offer was sent to the government. Currently, just 10% of revenue layouts are registered in the office of sub-registrar and fetching tax corporations. For the officials to verify the location of the property and to publish a newspaper notification to the state property, residents must provide their electricity or gas bills. So, the property is enrolled in the B Khata list process. After not receiving any objections from the public, the property is registered in the B register, and an ID number is issued. Under the Akrama-Sakrama scheme, if the government approves a property, a B Khata can be changed into an A Khata. According to the Karnataka Municipal Corporations Act (KMC) 1976, the city corporation can impose a tax on empty spaces and buildings in its jurisdiction. Once levied, the revenue landowners suffering from a lack of loan facilities from the bank can be profited as well. Lakshmikanth Reddy, Commissioner Mysuru City, told the media that in Mysuru, 50,000 houses do not have Khatas. The corporation is not earning any income from these properties. After they are added to the B register, landowners will receive the documents, and the corporation would get tax, increasing their revenue by 20%. Image Source Also read: Mysuru corporation leases properties in prime locations in the city

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train’s Surat-Vapi Section Set for 2027

The first section of the Mumbai-Ahmedabad Bullet Train corridor, linking Surat and Vapi, is targeted to begin services in 2027. Construction is expected to be completed by December 2026, while Railway Minister Ashwini Vaishnaw has indicated that an inauguration could take place around the middle of 2027. The National High Speed Rail Corporation (NHSRCL) said the train being manufactured in India is expected to reach the tracks around April or May 2027. The train will undergo extensive testing before the section is opened for passenger services. The project began construction in 2021 and includ..

Next Story
Infrastructure Transport

Indian Railways Approves Four Projects Worth Rs. 7.36 bn Across Four States

Indian Railways has approved four projects with a combined value of Rs. 7.36 bn across Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The programme covers train protection, signalling, electric traction supply and a road overbridge, with each project assigned to a different railway zone. In Uttar Pradesh, Rs. 2.52 bn has been approved to extend the Kavach 4.0 automatic train protection system across 607.7 km in the Lucknow Division of North Eastern Railway. The system monitors train movements and can apply the brakes if a driver fails to observe a signal or exceeds a safe speed. The w..

Next Story
Infrastructure Urban

Chandru Raheja Sells 1.49% Stake in Mindspace REIT for Rs. 5 bn

Billionaire Chandru Lachmandas Raheja has sold a 1.49 per cent holding in Mindspace Business Parks REIT for Rs. 5 bn through a bulk deal on the BSE. The transaction involved 9.9 mn units and was executed at an average price of Rs. 505 per unit, according to exchange data. Following the sale, units of Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs. 504.05 on Tuesday. Exchange data did not identify the buyers involved in the transaction. Raheja is the chairman of real estate company K Raheja Corp. The sale involved 99,00,990 units, representing 1.49 per cent of the Mumbai-b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code