BBMP achieves 94.62% property tax collection in 2024-25

While the total objective of the BBMP property tax for this year was ₹ 5,210.47 million rupees, it achieved a 94.62%collection. | Photo credit: Murali Kumar K

The Buchat Bengaluru Mahanagara Palike (BBMP) raised ₹ 4,930 million rupees in the property tax in the financial year 2024-25, a significant increase of around ₹ 1 billion rupees compared to 2023-24, when the total amount collected was ₹ 3,918.

While the total BBMP objective for this year was ₹ 5,210.47 million rupees, it achieved a 94.62%collection.

Surplus target

Excending the objective of BBMP, the Yelahanga area achieved a tax collection of 104.36% that amounted to ₹ 464.66 million rupees, followed by the Mahadevapura area that a collection of 100.12% with ₹ 1,310.58 million rupees, which is also the same.

With ₹ 733.65 million rupees, the southern zone reached 95.34% collection, East Zone achieved 93.52% with ₹ 843.14 million rupees and the Dasarahalli area collected ₹ 152.94 million rupees reaching a collection of 92.72%. The west zone was sixth with a collection of ₹ 562.61 million rupees (92.17%), Rajajeshwari Nagar collected ₹ 381.75 million rupees (87.89%), while Bommanahalli achieved the lowest percentage of 83.75%.

BBMP Property Tax Collection Zone 2024-25

How it was achieved

The BBMP accredited this achievement to a series of measures that were tasks, including the single liquidation scheme (OTS) was introduced in February 2024. The scheme resigned from the composite interest in the relief of the delays and penalties reduced by

Systematic work and IT -BASED FOLLOW -BASED ON THE CURRENT FISCAL BUsts and fees, SOP issuance and rules for the recovery of arrears and, by monitoring the current arrears and taxes, were the other reasons provided by Munish Mouudgil, BBMP), BBMP.

In addition, he said: “All this happened without increasing property tax rates that continue to be the same as in 2016. This financial year (2025-26), we will cross ₹ 6,000 million rupees.

After the expiration of the OTS scheme in November 2024, BBMP’s decision to auction the properties of long -term delinquent led to most of them to clear their installments, authorities said.