Monday 19 May 2014

Registration of Revenue Sites Increasing Rapidly

The strategic decision taken by the Karnataka Government to register the revenue sites has received good response from the real estate consumers.This decision seems to be welcomed by the real estate observers and they want this registration process to extend till April 2014.It is also observed that about 5,831 site registrations have taken place till now in many suburbs of Bangalore City and in the month of December 2013 alone the number has increased by 25 per cent.        

One of the officials of the Registration and Commissioner of Stamps says that the site registrations will shoot up and is likely to continue in the first quarter of the ongoing year.

One of the revenue department officials in Chikkajala an outskirt of Bangalore City says that the registration of sites is more where a huge land parcels that fall under revenue site category are available and it is particularly in the outskirts and its surrounding of Bangalore City.  

The increase in the number of site registration is considered due to the two significant decisions taken by the government.

Registration of B Khata sites without title deed and deviance

Permitting gram Panchayats to issue Form 9 (Tax Assessment Register Extract) and Form 11 (Tax Demand Register Extract) the important documents required for site registrations.

The government has removed the 6-month ban on Form 9 and Form 11, which was imposed earlier and to register ones site under gram Panchayat these forms must be produced.

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