Bengaluru BBMP Achieves 70% Property Tax Collection, Mahadevapura Leads with 74.4%, ET RealEstate

2 weeks ago


<p>Representative image </p>
Representative image

BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) has reported collecting nearly 70% — or Rs 3,634 crore — of the targeted property tax of Rs 5,210 crore till Nov 9 this year.

Mahadevapura zone has topped during 2024-25, contributing Rs 974 crore — or 74.4% — of the targeted Rs 1,309 crore. A key area of focus in the zone was on getting defaulters to pay up.

The authorities attached 139 properties and sealed 1,412 establishments to ensure compliance. The zone still has 33,571 defaulters owing Rs 98 crore.

Yelahanka has reported 85.4% achievement, reporting a collection of Rs 380 crore out of the targeted Rs 445.2 crore. The zone saw over 212 properties attached and 54 non-residential properties sealed. “Yelahanka’s proactive approach in revenue collection is setting a high standard, showing that targeted enforcement can drive significant results,” observed Munish Moudgil, a senior official overseeing revenue collection strategies across zones.

As per the latest report, over 1.6 lakh defaulters collectively owe Rs 397.3 crore. To address these outstanding amounts, enforcement actions across zones have resulted in 896 properties being attached and 6,069 establishments being sealed.

BBMP chief commissioner Tushar Giri Nath on Monday asked his officials to lock and seal non-residential buildings with high property tax dues. Addressing a meeting with his officials, Giri Nath directed them to take action in their respective zones to recover property tax from those with high outstanding dues and those involved in assessment cases.

Assistant revenue officers in each zone have been instructed to hold zone-wise meetings and, based on a list of properties with high tax arrears and assessment cases, take stringent measures to recover the outstanding taxes.

Under the One-Time Settlement (OTS) scheme within BBMP limits, property tax defaulters can avail a waiver on interest and penalties. This scheme is valid only until Nov 30. All defaulters are urged to pay their dues on BBMP’s portal (BBMPtax(dot)karnataka(dot)gov(dot)in) by Nov 30. Failing this, property tax defaulters will have to pay more than double their dues, including penal fee and interest, from Dec 1.

  • Published On Nov 12, 2024 at 11:30 AM IST

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