Is it advisable to buy b-khatha property ?
Raghavendra Setty
(Querist) 29 April 2012
This query is : Resolved
I am looking for Flat in Bangalore, I liked one apartment which is near to RammurthyNagar Bridge Junction, I enquired about this property, They said , 'It has been registered Grama Panchayat and it belongs to B-Khatha'
I would like to know, whether is it legal or illegal. Please advise me.
Thanks
Raghavendra
ajay sethi
(Expert) 29 April 2012
the “B” Khata is actually an entry in a property identification register
you cannot avail loans from nationalised banks with this so called B-khatha nor does it certify them as legal owners of their
contact a local lawyer in bangalore before purchasing property . do due diligence
V R SHROFF
(Expert) 29 April 2012
Local advocate can help you. If majority buy such flat, and practice prevails, make use of it, saving substantial amount.
Raj Kumar Makkad
(Expert) 29 April 2012
You are advised to obtain the copies of the property documents since last 30 years and obtain a detailed search report from a competent civil lawyer of your area and then move ahead as per his report.
Suhail A.Siddiqui
(Expert) 29 April 2012
Since you are in a position to buy property, it is necessary to take precautionary measures to know legal position of such property, which is never possible without lawyers help,who will charge some fee for his professional services.
Raghavendra Setty
(Querist) 29 April 2012
Thanks lot... for your valuable information.
The builder has been told like, this property has been approved from Andhra-bank and Plan also has been approved and he said, will try to get loan from Andhrabank itself.
Any way I am planning to meet nearest Lawyer, If Lawyer says you can go ahead, then should I proceed or not ?
Shonee Kapoor
(Expert) 02 May 2012
If after due diligence the lawyer so suggests, you can go ahead.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
