India, Dec. 24 -- Karnataka Real Estate Regulatory Authority (KRERA) has pulled up Bengaluru-based real estate developer for failing to provide a homebuyer with their khata document for the apartment within two months as promised in the agreement.
"The developer is hereby directed to facilitate and assist the homebuyers in the transfer of Katha to his name within 30 days from the date of this order," the KRERA order said.
A khata is a legal property account maintained by Bengaluru's civic body that records ownership details and is required for paying property tax and carrying out property transactions.
KRERA said the transfer of title is deemed complete only after execution of a registered conveyance deed, issuance of the occupancy cer...
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