What is a Khata ?
Khata is a legal identification certificate issued by BBMP. The certificate consists of all details of the property including name of the owner, size of the building or plot, location and other important particulars.
For getting building license or trade license, Khata certificate is required. The certificate should be submitted to get loan from banks and financial institutions as well.
Khata, when literally translated means account. To put it in simple terms, a Khata is a document that shows a property owner having an account with the Municipality for paying taxes. What makes it important is that it identifies the person liable for paying property tax. The details of a Khata include property owner's name, size of the property, location, built-up area etc. and is essentially required to calculate the tax payable on that property.
You need a Khata to apply for electricity and water connections, as well as for trade and building licenses. It is also required when applying for a bank loan.
Khatha of a property comes into existence when that property is recorded in the property register maintained in a Municipality or Corporation. When a property is registered with the Municipality or Corporation, it is assessed to tax, assigned a municipal number and records the person primarily responsible to pay the property tax.