Tag: Bengaluru property tax

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Bengaluru: City Corporations Can Buy Properties for Tax Recovery

BENGALURU: As property tax defaulters continue to disregard multiple notices and auction alerts, the Greater Bengaluru Authority (GBA) is considering a new strategy. Officials are looking into the option of municipal corporations buying these properties at their guidance value to recoup overdue taxes. In the past, legal actions such as issuing demand notices, seizing properties, and conducting public auctions have been implemented to recover debts. However, despite these efforts, few property owners opted to comply, and auctions often attracted no bidders, resulting in unmet revenue expectations. Consequently, authorities are now contemplating the direct acquisition of properties as a last resort.…

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Waste Charges Delay Property Tax Payments in Bengaluru Apartments

BENGALURU: Large apartment complexes are typically quick to pay their annual property tax to the Greater Bengaluru Authority (GBA) when the payment portal opens in April. However, this year’s response in the first two weeks has been surprisingly slow. The confusion arises from unclear definitions and calculations surrounding bulk waste generators, hindering early tax payments. There is ongoing confusion about solid waste management (SWM) charges, especially for apartment complexes that produce over 100 kg of waste per day. Although bulk waste generators can qualify for exemptions, they must declare their status on the property tax portal, which is proving to…

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Over 370K Bengaluru Properties Pending Tax Payments

BENGALURU: The Bruhat Bengaluru Mahanagara Palike (BBMP) has identified approximately 370,000 properties with overdue taxes totaling between Rs 700 and 800 crore. Maheshwar Rao, the chief commissioner of BBMP, announced that notices will be sent again through SMS and email to remind defaulters to settle their dues. According to Special Commissioner (Revenue) Munish Moudgil, even though auction notices were issued for 6,000 to 7,000 properties, compliance rates remain unsatisfactory. To enhance compliance, BBMP plans to block the e-khata accounts of tax defaulters, preventing any property sales until taxes are paid. “This process may take 4-5 months, but it is crucial…