Dear Members,
I own a flat in Bangalore since 2009 and I have B-khata for it. I bought it when it was under construction and have loan approved by nationalized bank. The legal verification by bank as well as builder's legal certificate on land showed it had clear titles & was under no disputes.
The builder when he handed over the flats after completion in 2009 did not give us the occupation certificate(OC) or completion certificate(CC). (it was our ignorance that led to taking possession without OC or CC)
I am planning to sell the flat, however many of the buyers need loan and nationalized banks do not give loan to B-khata flats. So this is a big hindrance to sale.
I am aware as an individual i can not get A-Khata by paying betterment charges. I need to take everyone in the apartment and pay betterment charges and get the A-Khata. This is a difficult task as unless someone is planning to sell, nobody is bothered about Khata at all. So it is tedious task to convince everyone to get A-khata or betterment charges.
is there any way out for me, in anyways i can convert my flat khata?
Please help.
Regards,
Prashanth