{
  "id": 2606761,
  "title": "60% rebate spurs B-Khata conversion, but fails to attract substantial interest",
  "url": "https://urgent.news/2026/08/22/60-rebate-spurs-b-khata-conversion-but-fails-to-attract-substantial",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-22T15:52:39.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/cities/bangalore/60-rebate-spurs-b-khata-conversion-but-fails-to-attract-substantial-interest/article71378274.ece"
  },
  "original_language": "en",
  "account": "The Bengaluru-Khata (B-Khata) to Affordable Residential Property (A-Khata) conversion scheme has seen a surge in applications, with 13,000 applications received in the last five days, according to Greater Bengaluru Authority (GBA) data. The total estimated revenue from these applications is ₹402.21 crore. However, only 10% of B-Khata property owners have opted for conversion, despite a 60% rebate on conversion charges.\n\nWhen the scheme was initially announced, the fixed charges were 5% of the guidance value in the area. Following a poor response, the government reduced the charges to 2%, with the rebate period ending on August 23. The conversion scheme will now continue, but with charges returning to 5% of the guidance value.\n\nBengaluru North City Corporation received the most applications, with 17,460 requests, estimated to generate ₹115 crore in revenue. This amount falls short of the corporation's budgeted estimate of ₹680 crore. The north corporation, followed by the west corporation, which received 17,104 applications worth ₹99.30 crore, and the central corporation, which received 591 applications.\n\nCorporation commissioners have noted that citizens view the conversion charges as high, leading to a lack of enthusiasm. Some applicants have withdrawn their applications upon discovering the charges. Additionally, many have already built houses on B-Khata properties, making conversion only a process of regularising the land, without altering the structure of the house.",
  "summary": "When the conversion was first announced, the fixed charges were 5% of the guidance value in the area. However, a poor response prompted the government to reduce the charges to 2% and set August 23 as the deadline for the rebate period",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}