Property Let Type Management Fee Property Address Any: Fill & Download for Free

Khata transfer can apply through,OnlineOff-lineBefore we go into the application procedure, keep the following documents ready for application.AadhaarSale deed copy with notary public attestedTax paid receipt (Current year)Encumbrance certificate (from the date of sale deed to current year)Previous owner’s khata certificate.Occupation certificate (Optional)Online Application:Step 1: Open “Sakala online services” website Login PageStep 2: Create an account. Your name, gender, email id, and Indian mobile number require to create an account.Login with user name and passwordStep 3: At home page, click the tab Application”. and click “Online application form” at dropdown. Below image for your reference.Step 4: Click at “transfer”, Refer the circle in below image for better understanding.Step 5: Fill the application form. In the below image, we have numbered each section and given the explanation for each numbering.Service applied for khata: Click the tab “Transfer” for khata transfer or Click “register” for new khata registration.Applicant type: Click “Single” if one applicant or click “joint” if more than one applicant. Family members consider as joint applicants. (Husband & wife consider as joint applicant)Application type: Click “citizen” if property bought by an individual. Click “Organization” if property bought by an organization (Company, institute)Previous owner's name, as in khatha certificate. Refer to the below image with black circled to locate the name in khata certificate.5. Type your name as in Aadhaar. For joint applicant, Enter “AND” between each name.6. Allotment No. : Allotment number can be located at sale deed or encumbrance certificate.Locate the allotment number in encumbrance certificate. Refer to the below image in the black circle.7.PID/ Khata No.: Locate PID/ khata number in your property tax. Refer the circle in below image.8. SAS Zone: Bangalore is divided into eight SAS Zone. they areEastWestSouthBomanahalliDasarahalliMahadevapuraRajarajeshwari NagarYelahankaYour property should come under anyone of this SAS zone. You can able to locate the SAS zone at schedule section of sale deed or simple google search works. If both the options are not working for you, skip to next step that is Number 9 (ward No). You have to locate your ward number by going through each SAS zone until find your ward number. (Time-consuming but possible)9.Ward No/ Name: Locate the ward number and name in property tax. Below image with circle for your reference.10. Address: Type property address as in the sale deed.11. Property type: There are eleven property types and listed below for your reference. Your property should come under anyone of this type. You are able to locate the property type at schedule section of your sale deed.BDA AllottedKHB AllottedSlum development board allottedRajiv Gandhi rural housing corp allottedKIADB AllottedKSSIDC AllottedRevenue pocketsGramathanaApproved layout plan (in case of site)Approved building plan (In case of apartment)Through Relinquishment deed or Govt notification12. Measurement unit: must be specified at schedule section of sale deed. Most likelyIf residential unit: Measurement unit should be in Sq.ft or Sq. mIf land: Measure unit should be in acres or Sq.mRefer the unit maintained in your sale deed and select accordingly13. Property Status: Property status are in three types, they areApartmentIndividual buildingVacant landYour property should come under any one of the above status.14. Applicant's postal address: is for communication purposes. Provide complete address including pincode.15 & 16. Mobile No & email id: This is the mandatory section. Make sure you enter the correct mobile number and email id because further communication will be through SMS and email. It's very important to provide the correct details here to take forward.Click the button “next” and move on next screen.Reference No.: will be auto-generated.How did you get this property: A property can be acquired through 8 types of channel. They are,Purchase based on sale deedThrough inheritanceThrough giftThrough a court decreeThrough partition/ Settlement/ Exchange deedThrough release deedThrough relinquishment deed or Govt notificationThrough inheritance or deceased Khata (No will)You should have acquired the property through anyone of the above channel. Select your channel.Upload the documents: Scan the following documents neat & legible and upload the documents at respective sections.Sale deedTax paid receipt (For current year)Encumbrance certificate (from the date of sale deed to current year)Click the “Submit” button at bottom of page. Let's move onto next page, that is E-Sign, Keep your aadhaar ready.Note: Linking your mobile number with aadhaar is mandatory for e-sign. If you haven’t linked yet, visit your nearest post office and link your mobile number with aadhaar.Enter your 12 digit Aadhaar number. Click the button “Get OTP” and enter OTP received through SMS.This completed e-sign and online application procedure. Receive the acknowledgment slip at next page.Parallelly, receive acknowledgment slip through SMS. Below image for your informationWithin a week, you will receive another SMS about document verification status. Below screenshot for your reference.Within 2 weeks, you will receive another SMS from BBMP about physical inspection of property. Below image for your reference.Within 3 weeks, You will receive an SMS from BBMP, asking you to pay the khata transfer fee at nearest Bangaloreone center. An amount will be mentioned in SMS. Cash and card payment are accepted at Bangalore one centre.Generally, payment would be 2% of stamp value of sale deedWithin 30 days, you will receive another SMS from BBMP to download the Khata online (Login Page) and the address of BBMP centre to collect the hard copy of Khata.This completes the procedure to obtain the Khata transfer online.Note: Do visit the website frequently and check the status of your application. If application is success, go ahead with payment. If rejected. Reason will be mentioned.Let's look into the offline procedure to apply khata transferStep 1: Take the photocopy of documents.Sale deedCurrent year tax paid receiptEncumbrance certificate from date of registration to current yearOccupation certificate (Optional)Step 2: Visit the nearest Bangaloreone center.Step 3: Pay the application fee of Rs. 110/- and provide the documents for filling the application. Below is the image of application receipt.Step 4: You will receive SMS from BBMP within 10–15 days that documents have been successfully verified and amount to be paid. The figure of the payment will be mentioned in SMS.Note: If you didn’t receive the SMS within 30 days, visit the Bangalore one with application receipt for cross verification.Step 5: Complete the payment on the successful verification of document. A payment slip looked like below image.Step 6: You will receive another SMS from BBMP within 30 days, about the center to collect Khata transfer certificate. Visit the respective BBMP centre and collect the Khata.This completes the offline procedure to apply khata transfer for resale property.A Khata transfer documents looks like below image.Page 1:Page 2:Page 3:We provide the service of EC Extract + Tax receipt extract + Notary + Khata transfer. To opt for our service, please Whatsapp 9 7 4 2 4 7 9 0 2 0.Thank you for reading…

Caution: Long answer but worth reading…In general, flats are bought under two circumstancesUnder construction propertyReady to move-in propertyThe buying procedure is slightly different for under construction and ready to move-in property. Let me explain the procedure in a systematic way from under construction to ready to move-in.Under construction property:It's very important to verify the land document before we make a booking amount for under-construction property. Generally, booking amount ranges from 5–20%.Some unethical builders or sellers support document verification only after the booking amount paid. Kindly hold and never initiate transactions unless the documents are verified.General land verification goes as below1.RTC Extract: (Land record) RTC stands for Record of Rights, Tenancy, and Crop Information. RTC contains the details of,Survey numberLandowners detailsType of landArea of measurementWater rateSoil typeAgricultural, commercial, nonagricultural residential flood areaLand conversion detailsNature of possession of the LandLiabilitiesTenancyCrops grownExtract the RTC from Bhoomi Online service https://rtc.karnataka.gov.in/Service78/, it cost you Rs. 10/- to download an RTC extract.Please be note: It's advisable to extract few important documents directly from government server instead of depending on seller or builder. Chances that few unprofessional sellers or builders may tamper or duplicate the document. Do your own extract of important documents,An RTC looks like below image,2.Encumbrance certificate (for land): An encumbrance certificate is a certificate issued by the sub-register office of revenue department. An encumbrance certificate popularly knows as EC. An EC helps to verify,Mortgage liabilityCourt attachmentOwnershipProperty scheduleRegistration date and allotment numberMarket price and consideration priceDeed type (Acquired through sale deed, gift deed or inherited)History of registered transactions & ownershipsIf the land has been encumbered with court attachment, property has no marketing title and cannot entitle to sell.If the property has not encumbered, it has a clear marketing title to sell, buy, and build an apartment.The encumbrance certificate is usually issued in 2 forms: Form 15 or Form 16Form 15: is issued when the property has any encumbrance during the said period, Nature of encumbrance could be gift, partition, loan, lease, legality, and parties involved in dispute.Form 16: is issued when the property doesn’t have any encumbrance during the said period. Also, know as NIL ENCUMBRANCE CERTIFICATE (NEC). Having a clear marketing title to build.An encumbrance certificate looks like below image,An EC consist of 9 columns, refer the below image for the description of each columnYou can extract the EC from Kaveri Online Services https://kaverionline.karnataka.gov.in/ at the cost of Rs. 40/- per EC.3. Property Tax receipt: A property tax receipt, contain the details of,Tax payment (Amount and date of payment)Ownership detailsProperty scheduleApplication NumberWard numberKhata numberProperty tax receipt looks like below image.We can extract the property tax receipt from https://bbmptax.karnataka.gov.in/ at no cost. It's free to extract property tax. You need PID number or application number to extract tax paid receipts.4. Khata Certificate & extract: Khata is the recording of one's property in the books of the Government (here BBMP).When one registers Sale Deed in sub-register office, it is just an agreement between the seller and the buyer but when the Khata (of the property) is registered/transferred to one's name, it means the property is in the current owner's name in the government books.This also identifies the person/persons (on whose names the Khata is registered or transferred) Registered person(s) are primarily responsible for paying the tax.Khata certificate & extract contains the details of,Khata NumberOwnershipKhata transfer feeA Khata certificate & extract looks like below image,Page 1Page 2:Page 3:Khata can be extracted through Sakala online services Registration Page5. Landowner and builder agreement (if join venture): If the project is a joint venture between landowner and builder. It's important to go through the joint venture agreement to understand the responsibility of landowners and builders.The main intention of going through the joint venture agreement is to understand the feasibility & possibility of the partnership better the landowner and builder.If there is trouble in join venture, A project may halt for some duration of time till the issue get resolver among landowner and builder.A joint venture agreement must be a registered agreement.6.Building approval plan: Approval Plan from BIAPPA/BDA is necessary. Approval is provided based on the regulation of residential land, basic utilities, safety in place. Should not be an issue to construct a residential building here.7. Floor plan: Helps clearer visuals of the entire property. Buyers can use a floor plan alongside photos to understand the layout and space of the house. A clean floor plan shows the true size and potential of every roomAt the time of booking8. Agreement of SALE: It's important to execute an “agreement of sale” on or before making the booking amount to seller or builder. This is the promissory document that seller or builder is agreed to sell the property in future date, subject to terms & condition mentioned in sale agreement.Stamp duty: 0.1% of consideration value or market value, whichever is higher. Paying 0.1% stamp duty is important for loan documentation.Stamp duty can be paid in form of e-stamping or franking.At the time of project completion9. Completion Certificate: Completion certificate is issued by Municipal Corporation once the project is completed as per the approved layout plan.10. Occupancy Certificate: is also issued by Municipal Corporation after ensuring that basic amenities like Electricity Connection, Water Supply, Sewage Connection are provided as per the approved plan.At the time of Possession11. Sale Deed Registration: Once the project is complete in all respects and has received Completion and Occupancy Certificates from BBMP, the Builder shall transfer the property in your name by executing a Sale Deed that will be registered at the respective sub-register office.Sale Deed is the important document of ownership, it should be retained safe. In case, you have taken a home loan, original copy of Sale Deed may be retained by Bank till the loan repaymentTo boost the real estate sentiment in the State, the Karnataka government has announced a cut in the stamp duty rate on properties priced below Rs 20 lakh and between Rs. 21 -35 lakh.The announcement was made on 27th May 2020 during the COVID 19 pandemics.The rate cut is focusing on affordable housing. Rate remains same as before for premium housing that is valued more than Rs. 35 Lakh.The below table describes the latest stamp duty and registration charges,0.5% cess charge applicable across all the segments of affordable and premium housing.The stamp duty & registration charge calculation goes as belowExample 1: The purchase price is Rs. 20 Lakh,Stamp duty : 20,00,000*2% = Rs.40,000/- (DD on the name of respective sub-register office)Registration charge : 20,00,000*1% = Rs.20,000/- (DD on the name of respective sub-register office)Cess : 20,00,000*0.5% = Rs.10,000/- (DD on the name of respective sub-register office)Example 2: The purchase price is Rs. 35 Lakh,Stamp duty : 35,00,000*3% = Rs. 1,05,000/- (DD on the name of respective sub-register office)Registration charge : 35,00,000*1% = Rs.35,000/- (DD on the name of respective sub-register office)Cess : 35,00,000*0.5% = Rs.17500/- (DD on the name of respective sub-register office)Example 3: The purchase price is Rs. 80 Lakh,Stamp duty : 80,00,000*5% = Rs. 4,00,000/- (DD on the name of respective sub-register office)Registration charge : 80,00,000*1% = Rs.80,000/- (DD on the name of respective sub-register office)Cess : 80,00,000*0.5% = Rs.40000/- (DD on the name of respective sub-register office)Note: 0.1% of stamp duty in sale agreement, can be offset at the time of sale deed registration. Avoid double payment.You should carry following documents at the time of sale deed registration.Sale agreementProperty tax receiptKhata certificate & extractAdhara ( Preferably link your mobile number for digital signing - Its easy & convenient at the time of registration)12. Possession Letter: Once, Sale Deed is registered in your name, the builder will give you possession letter after handing over physical possession of the property.13. Allotment letter: Builder will provide the allotment letter for parking space.Below are the few points to be considered while buying a flat in Bangalore.Avoid choosing the property next to STP, recycling plant, garbage dumping spot, graveyard, high way, railway track, and polluting industry. Stay away from pollution for cause of your health & well being.Visit the project history of builder and check the quality of constructionFlat should have natural light and decent air circulation.Avoid 100% self-financing. Prefer bank loan, loan helps to control your cash flow. Bank supports for document verification besides offering loans.Avoid verbal agreement and verbal promises from seller. Keep all the possible terms & conditions in sale agreement till the sale deed executionAs you know real-estate market is not fixed. we need strong negotiation skills to bring down the price.Keep the booking amount as low as possible. Release rest of the amount only after you get confident about project progress. Avoid complete settlement in advance. Make the payment in installment as the project progress.Under-construction properties are paid based on the progress of the project. like on-booking. 10%, Basement 10%, 1st floor, 10%, 5th floor 10%, plastering, finishing and registration. Release the fund slowly as the project progress.Keep the record of payment. Avoid cash. Make payment through online, cheque or DDFranking of sale agreement is mandatory to opt for bank loan.Franking your agreement gives you better legal stand in case fail in delivery of possession, deal cancellation, delay possession by seller.If the agreement is signed by GPA holder, collect the registered GPA from seller for cross verification.Keep the eye on penalty clause in sale agreement. if delay in payment. Most seller demand at-least 18%.What is sale agreement says, if builder delay in delivering the possession.What is in sale agreement, if buyer cancels the deal? Most seller deducts at least Rs. 1.5 Lakh or 10% of booking amount as liquidated damage. The Balance amount will be initiated only after the schedule property sold to other prospective buyer. Refund process is time-consuming and losing bank interest for buyer. (Try to modify this clause on your favor)16.Most seller allows the property registration only after the complete payment that includes consideration price + parking charge + administrative charge if applicable + corpus fund if applicable + 3 years maintenance cost in advance + Utility implementation charges if applicable ( electric meter + bore-well +STP + water recycling + water softener etc..17. Most seller provides only bore well water facility. At later stage, if owners association decided to access Cauvery water connection, each flat owner may suppose to contribute around Rs. 45,000/- per flat for cauvery water connectivity.18. Buyer may spend another Rs. 10,000 for property tax application, khata transfer application, name change at electricity bill19. Additional cost applicable for modification. The modification should be informed well in advance at the time of slab construction. Seller will not permit buyer to do modification on his/her own or modification should be done with permission of builder.20. Most builders monopolies the interior contractor but you can take a call with price & quality competitive vendor after the sale deed is done.21. You may not able to choose your parking space. Parking space is allotted by the builder. You should be lucky if no water or STP pipe running just above your parking space or there might be occasional water dripping from pipe. which might spoil the place and vehicle due to constant dripping. (Keep note of this point and inform the seller about your preferred parking spot at the time of paying booking amount itself)22. Avoid parking space just above the underground water tank or STP. Such parking spot are very dangerous and not authorized to allot such space for parking23.Hidden charges:Most builders charge administrative fees of at least Rs. 50,000/-. I really don’t understand why most builders charge an administrative fees of Rs. 50,000/- when the buyer itself pays for all the paperwork of stamp duty and registration charge.Most builders charge the non-refundable corpus fund of at-least Rs. 50,000/-. apart from 1st 3 years of maintenance cost in advance. Maintenance cost roughly around Rs.3.5 per sq.ft.For example, if your flat size is 1000 Sq.ft. you need to pay Rs. 1,26,000/- as 3 years maintenance cost on or before registering the property24. Be aware of your taxation. If the consideration value is more than Rs. 50 lakh. Buyer should pay TDS. TDS is 1% of considerable value. Pay TDS on time to avoid late payment fee. Most sellers are least bothered to discuss taxation part. Take interest and clear your tax on-time.25. Get the property inspected by professional before you get the possession from seller. Make sure the tiles, kitchen granite, piping, wiring, switchboards, and doors are fitted well.No seepage, no wall cracked and decently painted. Seller may not care to address the issue once after the possession letter is signed by you.We provide the service of document verificationWe provide the service “sale agreement” drafting + execution + arranging seller & buyer signature + franking + home deliveredWe provide the service of sale deed drafting + execution + home delivered.To opt for our service, please whatsapp 9 7 4 2 4 7 9 0 2 0.Thank you for reading…

Have you always wanted to become your own boss and take control of your time, work at home using your spare room/space, backyard or your one room apartment as an office and residential but never had a clue of money making ideas to pursue your dream? You do not have to wait for manners to fall from heaven before you take the first step to financial liberty, just one of these money-making idea can be your blueprint for success. The list is not exhaustive but I believed you can pick an interest in one or two of the businesses listedCONSULTANCY SERVICES: - This is the foremost of the small businesses one could ever think of; one can basically consult on almost anything and everything. Just think of any special skill in your possession and pronto, you can make a reasonable income from it. E.g. marriage counseling, business consult, legal consult, property consultancy, educational consulting, media consultant, etc. One do not have to possess any capital to start consulting, just some contacts on your phone, email addresses and referrals from family and friends, you are good to go.FASHION AND TAILORING SERVICES: - From time immemorial fashion business has been dynamic and ever present. From Paris to New-York, Milan to Lagos, Beijing to Joburg, fashion statements defies national/ethnic boundaries. Different occasions demand special outfits, one can easily take advantage of the trend in fashion consciousness of the people to earn a decent living. You can start with as little as N30K-N100K.REAL ESTATE AGENCY: - By finding properties for prospective clients, you perform a valuable service to both owner of properties and prospective tenants. Advertise that you have listings available for houses, apartments, flats, rooms, offices, etc. You can either charge a one-time fee for finding accommodations or work on a commission. In this line of business, capital or professional qualification is not really required as a start-up, you can belong to groups in the real estate NICHE or get briefs from family and friends, just have the right information and you will always smile to the bank. In addition, you can also be a property manager to your clients and earn steady income from management fees.RENTAL BUSINESS: This has mushroomed into an attractive new business opportunity. People like to borrow, do-it-yourself rent professional equipment. Many people are doing well these days by acting as rental agents for all manner of things - power tools, trucks, cars, electric generators, etc. Just look around your environment and conduct a research on items that could be of rental value to your community. For example, if you live in an area where property development is just springing up, you can decide to venture into giving out building tools such as, wheel-barrow, head-pan, shovel, trowels, drums, ladders, scaffolding, sledge hammers, pick-up trucks, etc.LAUNDRY/IRONING SERVICE /CLOTHES CLEANING: Everyone has dirty clothes for laundry and ironing, but many working class and career individuals do not have the time to tend to their laundry themselves because of the busy schedule of work or business, this is where you would come in and make money by doing a professional laundry service, especially in areas where power supply is erratic. If your backyard/compound is spacious enough to accommodate washer-men and pressers who will do justice to the clothes, hire them and start making money, This business could just be for you if you have a knack for cleanliness and corporate cleaning services. With a capital between N20K – N100K this business could turn you to a millionaire over a period of time.HOUSE CLEANING SERVICE: Many home-owners and apartment dwellers will welcome help at "house cleaning'. Charge a flat fee for the amount of work that must be done. Make arrangements with firms that provide labour for tidying up office environment , cleaning carpets, dusting the furnitures, polishing, etc. and collect a commission from them. Tell your friends and family who are moving to a new house or changing offices, with the help of fliers or handbills you could reach out to a large audience.GAME CENTERS: The game center concept is good, both for those who have jobs and those who want full time involvement. A game center is a place where people mostly young come to play computer basic games like play station, Nintendo, Atari, etc. You can also provide space for refreshments like ice cream, snacks, soft drinks etc. Gaming centers charge customers who come to their outlet between N100.00 – N500.00 depending on the area, and the type of customers you are dealing with. If you start small, you can make between N5k – N20k per day. There is a classical game center at Mende by Maryland, it is built with a portal cabin and looks beautiful as well. You can as well provide a MOBILE GAME cabin for birthdays and get-together parties, this arrangement can fetch you good money if you get high-end clients in areas such Ikoyi,V.I, Lekki, Ikeja G.R.A, etc.FISH FARMING: If you have been contemplating on a small business and haven’t heard about fish farming, then you are missing something. Over the years, quite a few people have made fortunes from fish farming; as the population is swelling and protein needs are far outstripping the available supply, fish meal is always a winner if done well. Fish farming is a sure bet business if you put the right structures in place. More and more people like fish due to its low cholesterol protein, All you need do is to get a space, buy or construct tanks, buy finger lings for between N10 to N20 and feed them for 4 to 6 months, then sell from between N1500 to N2000 depending on weight and size. But you need to have a basic knowledge of fish farming to start this.WEBSITE DEVELOPMENT: Experience, training or licensing may be needed. Many courses exist (many of which, logically, are offered online) where you can learn the language of website creation and can learn about the details, like how to set up shopping cart systems, security concerns, etc. But lately we have seen ready tools on some hosting site like Godaddy, Bluehost, Wordpress, ipage, simplesite and so on; many of these hosting sites have ready tools for even the newbie in web design. You will, of course, need to learn about each company you want to design for. What is the atmosphere of the company that you need to reflect in the website design--is it wild and contemporary, meaning brilliant colors and fun graphics? Or will more classic colors like black, navy blue and maroon be more appropriate? Many small businesses in Nigeria does not have a web presence, even the bigger corporations only possess a web banner or billboard, you can propose an interactive website to small businesses at a cheaper rate of say N10k or more and start building your client lists from there. This business requires little or no capital to start.DAY CARE: If you are the type that naturally loves kids around, this is an opportunity for you to tap into. Perhaps you have children of your own and the idea of taking care of a few more for part of the day appeals to you. Child-care needs continue to soar in this part of the world as the task of professional career seems to be more demanding. Many people prefer the option of their child being cared for in a home environment while they are at work, opposed to a more institutional-like setting. These things mean that a home based childcare business can get off and running immediately. If you are living in at least a 3bedroom apartment and there is an extra room unoccupied, please don’t let rat and cockroach take advantage of the extra rooms in your house, talk to friends in the neighborhood who might need such services, with a simple handbills and short message advert it will surely pay to have kids around.Read more at :Small businesses you can start