What are betterment charges and How much is it in Bangalore ?
Betterment charges have to be paid to upgrade from B Khata certificate to A Khata certificates.
There are two types of properties. A-Khatha certificates are issued for properties which have been developed as per the sanctions. There will be valid licenses and approvals. If you possess A-Khata certificate, you will be able to take loans from banks and financial institutions without any issues.
If there are valid sanctions and approvals, B-Khatha certificates are issued. The certificate denotes that the tax to the property is being paid to the Government. B Khatha is not valid Khatha extract. You will not be able to get loans from financial institutions.
However, owners of B khata properties can upgrade to A khata by paying a fee known as 'Betterment Charges' along with appropriate documentation.
As per 2014 data, BBMP collect a betterment charge of INR 200 per square meter in its 100 old wards, and INR 250 per square meter in the remainin\g 98 wards of New Bangalore
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I am the beneficiary of Pradhan Mantri Awas Yojana. I didn't find out where I have got home in Bangalore. Please help me I am from a poor family. I sell artificial flowers on the roadside. Please help me by providing my home.