60% rebate spurs B-Khata conversion, but fails to attract substantial interest
Despite a 60% rebate on B-Khata to A-Khata property conversion charges in Bengaluru, only 10% of eligible property owners have applied. The Greater Bengaluru Authority faces a significant revenue shortfall as the rebate period ends and charges revert to 5% of the guidance value.
Why it matters
The low conversion rate highlights a disconnect between government revenue goals and property owner affordability, impacting municipal budget planning and urban property regulation.
With the rebate on B-Khata to A-Khata conversion charges ending on Sunday, 13,000 applications flooded the Greater Bengaluru Authority (GBA) within the last five days, according to GBA data accessed by The Hindu .
M. Maheshwar Rao, Chief Commissioner, GBA, confirmed that 60,000 applications have been received. Data shows that the total estimated revenue that could be generated from the applications stands at ₹402.21 crore.
However, the estimated number of B-Khata properties in Bengaluru is over six lakh, which means a meagre 10% of owners have sought conversion so far, despite a 60% rebate on conversion charges.
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