Enlighten yourself with authentic real estate facts, BBMP rules, important property paperwork to buy/sell, property tax payment, real estate trends in Bangalore and all the formalities involved to obtain property paperwork ...Read more
Tag Archives: BBMP
Pay property tax or lose assets: BBMP
BENGALURU: Property tax defaulters, watch out. Furniture and other movable assets in your house or commercial property could be confiscated if you don’t pay taxes even for one year. N Manjunath Prasad, commissioner of Bruhat Bengaluru Mahanagara Palike, said on Tuesday the Palike will issue notices to tax defaulters from April 1 with a 15-day...Read more
Pay on time or be prepared to pay through the nose – Property Taxes
If some of you who own houses or any property in Bangalore have a tendency to delay annual property tax payments, then here is a wake up call. People tend to overlook this payment due to a variety of reasons, including the cumbersome process of payment to not being in Bangalore, or being sheer lazy...Read more
Akrama Sakrama – The good, the bad and the ugly
The much awaited Akrama Sakrama scheme may not be implemented any time soon. But where does it stand and what is holding it back? The rest of this article will give you some insight into what were the good things about it and what went wrong for the scheme. A brief history The Akrama Sakrama...Read more
BBMP Announces Betterment Charges
The BBMP has announced the slabs for betterment charges for plots that have land-use approvals by the deputy commissioner. The announcement came soon after the elections were over. This move is aimed at generating revenues to the tune of Rs. 200 Crore for the already cash-strapped civic body. The BBMP had earlier fixed charges in...Read more
