BBMP Property Tax: Complete information about property tax in Bangalore 2024

Dear readers, know what is BBMP property tax, if you also have any type of property under Bangalore Bruhat Mahanagara Palike, BBMP area, then this blog can prove to be very beneficial for you and by reading this blog you will be able to get complete information about BBMP property tax.

Today we will study in detail about Bangalore Municipal Corporation, commonly known as BBMP, which is the administrative body of Bangalore city. The tax levied on properties under BBMP is called property tax. This tax is an important income source for the development of Bangalore city and to improve civic amenities.

If you are a property owner in Bangalore, then BBMP property tax is a mandatory responsibility for you. This tax is not only necessary for the development of the city, but if it is not paid, you may also face legal action. In this blog we will discuss all the important aspects related to BBMP property tax.

What is BBMP Property Tax?

BBMP property tax is a tax levied by the Bangalore Metropolitan Corporation on owners of properties located within the city. This tax is levied based on the type, area and use of the property. The purpose of the property tax is to maintain and improve the infrastructure, roads, drainage, health services and other amenities of the city of Bangalore.

BBMP Property Tax Calculation Formula

BBMP Property Tax is calculated based on the “Unit Area Value” (UAV) method. In this method, the tax rate is determined based on the type, location and area of ​​the property. The tax calculation formula is as follows:

Property tax=(unit area value×built-up area× assessment rate× revenue rate)+cess

What is Unit Area Value (UAV)?

The unit area value is determined based on the location, type and usage (residential, commercial or industrial) of the property. Bangalore is divided into various zones by the BBMP, and each zone has a different unit area value. This is done to ensure that the tax rates for properties located in expensive and affordable areas are fair.

How to pay BBMP property tax?

BBMP has made the process of property tax payment simple and online. You can also pay property tax in the online form by following the following steps:

• Visit the official website of BBMP: First of all, visit the official website of BBMP.
• Enter Property ID: You have to enter the unique ID or PID number of your property, which is allotted by BBMP.
• View Tax Details: After entering the PID number, the complete details of your property and also the outstanding tax will appear.
• Choose Payment Option: You can pay through debit card, credit card, net banking, or UPI.
• Get Receipt: On successful completion of the payment process, you will get an e-receipt, which you can save for future.

Offline Tax Payment

If you do not want to pay online, you can also make offline payment by visiting the regional offices of BBMP. For this, you have to go to the BBMP counter and give the details of your property and the tax can also be paid through cash, cheque or demand draft.

Time to pay BBMP property tax

BBMP property tax can be paid in two installments in a year:

• First installment: April to May.
• Second installment: October to November.

If you pay the tax on time, BBMP gives you a discount of 5% in the tax. Apart from this, if you pay the tax late, you will also have to pay a penalty of 2% per month.

Important Documents Related to BB MP Property Tax

You will need to pay property tax from time to time:

• Unique Address of the Property (PID Number): This is required to identify your property.
• Receipts of Previous Years: If you have paid property tax for the first time as well, it is important to submit the previous receipts.
• Property Documents: Documents of legal ownership of the property, such as sale deed, etc. may be required.

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BBMP Property Tax Exemption

BBMP also offers tax exemption on certain properties. This exemption can be availed in the following cases like –

• Properties related to civic amenities: If a property is a public park, religious place, government building or hospital, then it can be exempted from property tax.
• Freedom fighters or active service members of the army: Freedom fighters and active service members of the army living in Bangalore can also be considered eligible for tax exemption in some cases.
• Old and heritage properties: Properties of historical importance can also be considered eligible for tax exemption.

BBMP Property Tax Problems and Solutions

Although a lot of efforts have been made to simplify the BBMP property tax process, property owners may still face some common problems. The solutions to all these problems are as follows:

• Wrong PID number: If your PID number is not correct, you can get it corrected by visiting the nearest regional office of BBMP.
• Not receiving payment receipt: If you have made the payment online and have not received the receipt, you can also lodge a complaint by visiting the BBMP website.
• Error in tax assessment: If you feel that the wrong tax has been assessed for your property, you can contact BBMP and request for reassessment.

Conclusion

BBMP property tax is an important tax for property owners in Bangalore, which is very important to pay on time. This tax also helps in maintaining the development and amenities of the city. BBMP has simplified the process of tax payment by making it online, so that property owners do not face any kind of inconvenience. BBMP has also provided various means to solve tax related problems.