Property Tax levied on Bruhat Bangalore Mahanagara Palike

The Bruhat Bangalore Mahanagara Palike (BBMP) figures property tax through a solid and exact asset for ascertaining property tax. The BBMP ascertains charge based on Unit Area Value(UAV) Framework that depends on parts like anticipated profits from property, area of the property, and the utilization of the property, like private, business or vacant land.

Introduction to Property Tax of BBMP

Property Tax of BBMP is a tax that the land owners living in Bangalore are obliged to pay every year to the BBMP that is the Bruhat Bengaluru Mahanagara Palike. The property tax is gathered by the BBMP to guarantee the upkeep of public properties like sewer frameworks, recreational areas, streets, or instructive foundations among others. In spite of the fact that the tax is to be paid by all private or business land owners, yet the measure of local charge that one necessities to pay differs across the area of the property.

The Bruhat Bangalore Mahanagara Palike (BBMP) evaluates property tax through a dependable and precise asset for computing local charge. The BBMP ascertains charge based on Unit Area Value (UAV) Framework that depends on parts like anticipated returnings from property, area of the property, and the utilization of the property, like private, business or vacant land.

Property Tax levied on Private Properties

The present zonal grouping under Unit territory Value technique is separated into six zones from A to F. The private property is comprised of RCC.