CMC approved plan with B Khata

[balajirajan12]

I have finalized the purchase of an 6 year old apartment in JP Nagar 6 phase.

The apartment has its plan approved by CMC (then in 2005) and has only a B khata now .The reason being provided that no BBMP khata i.e. a A khata has been provided for that area since 2005.

Is my understanding correct that incase the Akrama Sakrama thing comes in place, then I will to pay an additional amount known as "Betterment charges" to get a BBMP khata ? Any idea of what that amount typically for an apartment having 1450 sq.ft could be ?

I approached SBI for loan and their lawyer said that sanctioning a loan on CMC plan is not a problem for SBI, but I will have a problem in registering the property on my name because its a B khata.

Request your advise whether I should go ahead and buy the property.balajirajan12