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Bangalore Property

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Get ‘A’ Khata in exchange of betterment fee

With the pouring in of the news, industry experts anticipated better times for the property owners. As per the recent move taken by the BBMP (Bruhat Bangalore Mahanagara Palike), the civic body will soon embark on collecting betterment fees to deliver ‘A’ khata for regularization of sites in the city. In addition to this much-awaited […]

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Betterment Fee: BBMP takes a stand

The recently issued notification for payment of betterment fee have put the site owners in Bangalore in a quandary. Those sites that are endowed with required land use conversion, however, they are not authenticated by the civic agencies need to shell out a betterment fee. Sites on land parcels that are not notified by different […]

Converting B-Khatas to A-khatas: The 3-tier system

In a move to mop up revenue for the government, the BBMP (Bruhat Bangalore Mahanagara Palike) has come up with a three-tier system for collecting the betterment charges that were stopped since 2007. The betterment charges are collected from the revenue site owners to transfer their B Khatas to A Khatas. As per market news, […]

Registration for revenue sites in Karnataka will go up in 2014

Backed by an upsurge in the number of registrations of buildings and sites in revenue pockets by the tail end of 2013, the year 2014 is likely to bring in new hopes for the members of the real estate community. The last month witnessed a boom in site registrations, as many as 5831(25% more in […]

Demand for budget homes in Bangalore soars high

Value homes or mid-segment homes, seem to be the flavor for every season for property developers. With the rise in demand for budget homes in Bangalore, fuelled by increased prices, fall in affordability and limited supply level, the residential property market in city is all ready to curve a new path. Unlike earlier, demand for […]

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