BENGALURU, 11 JUNE

In a major relief to property and home owners in Bengaluru, Deputy Chief Minister DK Shivakumar announced a 'One Time Settlement' (OTS) window till 31 July for paying outstanding property tax. The OTS scheme offers a 50 per cent concession on penalties and a 100 per cent concession on interest payments.

“BBMP had not actively pursued property tax payments due to the recent elections. I encourage everyone to take advantage of the OTS to clear their outstanding payments,” Shivakumar said at Vidhana Soudha on Tuesday.

The property tax is the primary source of revenue for BBMP. About 4 lakh citizens have not paid their property tax, totalling the dues to around Rs 1,000 crore. To tackle this issue, Shivakumar announced the OTS scheme. “There are 20 lakh properties in the tax bracket, but many are still outside. Those who pay their taxes and submit proof within 90 days will receive a property tax clearance slip. Those who don’t will be considered defaulters starting 1 August," Shivakumar said.

Citizens can use the online portal at https://bbmptax.karnataka.gov.in to pay the property tax. Property tax arrears have been reduced as per the OTS on the portal, but they will revert to normal rates from 1 August, 2024. For any clarifications, the public can contact Sahaya Helpline at 1533 or visit your local ARO Offices.

Property digitisation to be over in 3 months

The Deputy Chief Minister said the digitising of 20 lakh properties in the City is under process. “Around 8 lakh properties have been digitised, and the remaining will be completed in the next three months. Once the process is finished, digital records will be delivered to property owners." —Salar News