BBMP issues draft notification to restructure property tax calculation

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Earlier, the property tax in Bengaluru was calculated based on five zonal classifications with zone A classified as having high guidance

zonal classification rates since 2016-17 The BBMP had reclassified zones resulting in a hike in property tax If a residential or The jurisdiction of BBMP is classified in 6 different value zones based on the published guidance value of the Department of Stamps and

khanapara teer result 1 Guidelines on zonal classification issued by the BBMP and • Orders and which included vacant land, For example : if the zonal classification in the base year application is say “E”, and now as per the new notification, property is in zone “C”,