Is it mandatory to go have Katha certificate issued by BMP / BBMP for buying a property in Bangalore?
Question asked by Kiran from Florida, USA: Sir/Madam, I was going through some of the posts at your website. I have an issue and require your assistance. I am Kiran living in Florida, USA. I wanted to buy a 3-Bed Rood apartment in Bangalore. We checked the documents provided by the builder with a lawyer and as we got a satisfactory feedback we entered into sale agreement to buy the flat. We paid around 6 lakhs during that process and also started the home loan process. The bank says that they need the Khata certificate from the Builder issued by BMP. The builder says that he has the Khata certificate issued by CMC. Also, the bank asks for tax paid receipts for the current year, which the builder provided a copy. The bank people say that the tax paid receipt is invalid and the dates and years are messed up with a whitener. Now, is it mandatory to go have 1. Katha certificate issued by BMP / BBMP. 2. Tax paid receipt for the latest year. 3. If I want to cancel the sale deed and get back
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