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BDA hikes property tax by 20 to 45 pc
BDA hikes property tax by 20 to 45 pc

Hans India

time05-05-2025

  • Business
  • Hans India

BDA hikes property tax by 20 to 45 pc

Bengaluru: Bangalore Development Authority, Property Tax Hike, BDA Infrastructure, Resident Outrage, Tax Revision, Bengaluru Layouts The state government, which has increased the prices of essential services and goods including public transport fares, electricity, water, milk, property registration fees, has now revised the tax on properties under BDA jurisdiction, causing outrage among the owners of properties under BDA. The 9 layouts developed by BDA, including Arkavathi, Banashankari, and Nadaprabhu Kempegowda, along with the BDA-approved layouts and allocated apartment housing, will face the heat of the tax hike for more than 1.22 lakh people, and residents' associations of various layouts have already expressed opposition to the BDA tax hike. The BDA, which collects property tax of around Rs 55 to Rs 60 crore every year from the properties under its jurisdiction, has arrears of around Rs 40 crore for many years. The state government has revised the data in the software in the context of calculating property tax information of each property to the Center for e-Governance Department. The revised tax information was published on the website on April 28. BDA sources say that property tax will be decided based on the guideline value of the property from April 1, 2025-2026. Property tax is calculated and fixed on the annual value of the property. Tax is fixed on the basis of the location, area, and any improvements or modifications made to the property. However, many of the layouts developed by the BDA do not have adequate infrastructure or improvements. Due to this, the public has lashed out at the BDA and the government, saying that the property tax has been increased unscientifically. There is a lot of delay in completing the infrastructure in the BDA-developed layouts. The price of building materials has increased. It is not possible to build houses. The amount of debt is increasing. Along with this, we have to face many problems like this revised tax imposed by the BDA. Looking at all this, property owners of various layouts have lamented that it is better to have a rented house instead of owning their own roof. Property tax is used to provide the overall living standard of the local community and necessary services and amenities. After receiving the tax money, other services and amenities like roads, sewerage, water, gardens, electricity, street lights, bridges and so on should be constructed and maintained. However, in Nadaprabhu Kempegowda layout, we have been paying property tax for 8 years. A lot of work is still in progress. No basic amenities have been completed. In such a situation, the BDA has increased the tax on the property within the jurisdiction of layout by 9 to 50 percent. This has created a financial burden. Suryakiran, a resident of Nadaprabhu Kempegowda Layout, has demanded that the infrastructure work be completed first.

Bengaluru development body increases tax on its properties by 20% to 45%
Bengaluru development body increases tax on its properties by 20% to 45%

Time of India

time03-05-2025

  • Business
  • Time of India

Bengaluru development body increases tax on its properties by 20% to 45%

BENGALURU : The Bengaluru Development Authority (BDA), which has failed to provide adequate basic infrastructure, has increased property tax on its properties by 20% to 45%. This comes after the state government raised the prices of essential services like public transport fares, electricity, water, milk, and property registration fees. Following this, BDA's decision to revise the property tax rates has triggered protests from property owners under its jurisdiction. With over 1.22 lakh people affected, including those in developed areas like Arkavati, Banashankari, and Nadaprabhu Kempegowda, along with properties in BDA-approved layouts, the tax hike has sparked strong opposition from various residents' associations. These associations have already voiced their dissent against the BDA's decision. The BDA collects around Rs 55 to Rs 60 crore annually from property taxes but has an outstanding dues of about Rs 40 crore, accumulated over several years. The state government, in collaboration with the Centre for E-Governance, has updated the property tax details for all properties, and the revised rates were published on the BDA's website on April 28. Starting from April 1, 2025, property taxes will be determined based on the revised guideline value of the properties, as confirmed by BDA sources. Property taxes are calculated based on the annual value of the asset, location, area, and any improvements made. However, many areas developed by the BDA lack adequate basic infrastructure, and there has been little progress in providing improvements. This has led to frustration, with residents questioning the fairness of the tax hikes. Public reactions Many property owners have expressed their dissatisfaction with the increased tax and the lack of corresponding improvements in infrastructure. 'The roads are still under construction, and there is no proper electricity or water connection. Despite this, the property tax has been increased. The authorities are interested in collecting taxes but are not providing the necessary facilities,' said S C Narayanaswamy, a resident of Arkavati Layout. T S Mahesh, President of the Banashankari 6th Stage Residents Welfare Association, also criticized the new charges, pointing out that empty plots are being charged a maintenance fee of `1.5 per square foot, even when there is no construction. He demanded that this fee be removed immediately. We're not against paying taxes — we're against paying for promises that were never kept. No roads, no water, no power — just rising bills– TS Mahesh, President, Banashankari 6th Stage Residents Welfare Association Residents are increasingly frustrated with the BDA's negligence in providing basic services, leading to protests. Despite paying taxes for eight years in the Nadaprabhu Kempegowda Layout, many infrastructure projects are still incomplete. 'After paying property taxes for so long, no significant infrastructure has been provided. The BDA has increased taxes by 9% to 50% in our area, but the basic services remain underdeveloped. We demand the completion of basic infrastructure before further tax hikes,' said Sunil Kiran, a resident of Nadaprabhu Kempegowda Layout. Many are now questioning the value of owning property in BDA-developed areas, preferring to live in rented accommodations instead. The ongoing issues reflect a broader dissatisfaction with BDA's handling of infrastructure and property taxation.

BDA increases property taxes despite Rs 40 cr in pending dues
BDA increases property taxes despite Rs 40 cr in pending dues

Time of India

time03-05-2025

  • Business
  • Time of India

BDA increases property taxes despite Rs 40 cr in pending dues

Bengaluru Development Authority We're not against paying taxes — we're against paying for promises that were never kept. No roads, no water, no power — just rising bills – TS Mahesh, President, Banashankari 6th Stage Residents Welfare Association The(BDA), which has failed to provide adequate basic infrastructure, has increased property tax on its properties by 20% to 45%. This comes after the state government raised the prices of essential services like public transport fares, electricity, water, milk, and property registration fees. Following this, BDA's decision to revise the property tax rates has triggered protests from property owners under its over 1.22 lakh people affected, including those in developed areas like Arkavati, Banashankari, and Nadaprabhu Kempegowda, along with properties in BDA-approved layouts, the tax hike has sparked strong opposition from various residents' associations. These associations have already voiced their dissent against the BDA's decision. The BDA collects around `55 to `60 crore annually from property taxes but has an outstanding dues of about `40 crore, accumulated over several years. The state government, in collaboration with the Centre for E-Governance, has updated the property tax details for all properties, and the revised rates were published on the BDA's website on April from April 1, 2025, property taxes will be determined based on the revised guideline value of the properties, as confirmed by BDA taxes are calculated based on the annual value of the asset, location, area, and any improvements made. However, many areas developed by the BDA lack adequate basic infrastructure, and there has been little progress in providing improvements. This has led to frustration, with residents questioning the fairness of the tax property owners have expressed their dissatisfaction with the increased tax and the lack of corresponding improvements in infrastructure. 'The roads are still under construction, and there is no proper electricity or water connection. Despite this, the property tax has been increased. The authorities are interested in collecting taxes but are not providing the necessary facilities,' said S C Narayanaswamy, a resident of Arkavati Layout.T S Mahesh, President of the Banashankari 6th Stage Residents Welfare Association, also criticized the new charges, pointing out that empty plots are being charged a maintenance fee of `1.5 per square foot, even when there is no construction. He demanded that this fee be removed are increasingly frustrated with the BDA's negligence in providing basic services, leading to protests. Despite paying taxes for eight years in the Nadaprabhu Kempegowda Layout, many infrastructure projects are still incomplete. 'After paying property taxes for so long, no significant infrastructure has been provided. The BDA has increased taxes by 9% to 50% in our area, but the basic services remain underdeveloped. We demand the completion of basic infrastructure before further tax hikes,' said Sunil Kiran, a resident of Nadaprabhu Kempegowda are now questioning the value of owning property in BDA-developed areas, preferring to live in rented accommodations instead. The ongoing issues reflect a broader dissatisfaction with BDA's handling of infrastructure and property taxation.

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