Daijiworld Media Network - Bengaluru
Bengaluru, Nov 3: In a decisive effort to combat illegal property registrations and tax evasion, the Karnataka government has announced mandatory e-khata requirements under the Digital Integration Khata Rules for all property sales and purchases. This measure aims to enhance transparency and integrity in property transactions across the state.
The initiative responds to alarming reports of individuals using fraudulent paper-based khata documents to register properties without legitimate property accounts. Investigations have uncovered instances where properties within the jurisdictions of gram panchayats, the Bruhat Bengaluru Mahanagara Palike (BBMP), and municipal corporations were fraudulently documented despite lacking formal registration.
By implementing mandatory e-khata, the government intends to protect potential buyers from becoming victims of these fraudulent activities. The e-khata system is designed to mitigate risks associated with duplicate registrations, property disputes, and the establishment of fake accounts. Officials believe that this will not only streamline the registration process but also ensure that property transactions are conducted with greater transparency and efficiency.
This proactive initiative is expected to safeguard the interests of innocent buyers while promoting accountability in property dealings throughout Karnataka. By adopting digital solutions, the government aims to foster a more reliable and trustworthy real estate market in the state.