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BBMP Property Tax

Property Tax in Bangalore

Last Updated 05th Aug 2020

  • The complete potential areas of Bangalore are divided into 6 zones from A to F.
  • The per sq ft rate for each zone has two different sets of the name; tenanted and self-occupied.
  • The per sq ft rate for 110 villages included is specified separately.
  • The per sq ft rate for vacant land in each zone is specified separately.
  • The formula to calculate property tax in Bangalore is; (Gross Unit Area Value - Depreciation Amount) * 20%.
INCOME TAX CALCULATOR

BBMP - Bruhat Bangalore Mahanagara Palike Property Tax

The Bruhat Bangalore Mahanagara Palike (BBMP) calculates property tax through a reliable and accurate resource for calculating property tax. The BBMP calculates tax on the basis of Unit Area Value (UAV) System that is based on components like expected returns on property, location of the property, and the usage of the property, such as residential, commercial or vacant land.

BBMP Property Tax Introduction

BBMP Property tax is a charge that the property owners residing in Bangalore are obliged to pay each year to the BBMP that is the Bruhat Bengaluru Mahanagara Palike. The fund is collected by the BBMP in order to ensure the maintenance of public properties like sewer systems, public parks, roads, or educational institutions amongst others. Though the tax is to be paid by all residential or commercial property owners, yet the amount of property tax that one needs to pay varies across the location of the property.

Property Tax on Residential Properties

The present zonal classification under Unit area Value method is divided into six zones from A to F. The residential property is made up of RCC.

ZONES Tenanted (per sq.ft) Self Occupied (per sq. ft)
A ₹ 5.00 ₹ 2.50
B ₹ 4.00 ₹ 2.00
C ₹ 3.60 ₹ 1.80
D ₹ 3.20 ₹ 1.60
E ₹ 2.40 ₹ 1.20
F ₹ 2.00 ₹ 1.00

BBMP Special Category

(Annual composite tax for Properties coming under the 110 villages added by BBMP)
Area (in square ft.) Lump sum tax + cess
Less than 300 square ft. ₹ 100 + cess
301-500 square ft. ₹ 250 + cess
1001-1500 square ft. ₹ 750 + cess
More than 1501 square ft. ₹ 1000 + cess

Property Tax on Commercial Properties

ZONES Tenanted (per sq.ft) Self Occupied (per sq. ft)
A ₹ 20 ₹ 10
B ₹ 14 ₹ 7
C ₹ 10 ₹ 5
D ₹ 8 ₹ 4
E ₹ 6 ₹ 3
F ₹ 3 ₹ 1.50

Property Tax on Vacant Lands

ZONES Property tax (per sq. ft)
A 0.50
B 0.40
C 0.30
D 0.25
E 0.20
F 0.12

How to Calculate House Tax in Bangalore?

Property Tax (K) = (G – I) * 20%
Where, G = X + Y + Z
I = G x H / 100

G = Gross Unit Area Value

X = Tenanted area of property × Per square ft. rate of property × 10 Months

Y = Self-occupied area of property × Per square ft. rate of property × 10 Months

Z = Vehicle parking area × Per square ft. rate of vehicle parking area × 10 Months

H = Percentage of depreciation rate (Depends up on Age of the Property) Table below to check the rates

I = Depreciation amount

ILLUSTRATION: Let’s take a plot of Zone D rate ₹ 3.20 per sq ft (if rented-out) and ₹ 1.60 per sq ft (if Self-occupied) and ₹ 0.80 per sq ft (Car park area).

Hence the apartment is 3 years old so depreciation rate is 3%

Formula to be used

X= 0 x 3.20 x 10 =0 (As no portion of the house is rented out)

Y= 1400 x 1.60 x 10= 22,400

Z= 150 x 0.80 x 10= 1200

G= (X+Y+Z) = 0 + 22,400 + 1200= 23,600

I = (G x H) /100 = (23,600 x 3)/100 = 708

K = G – I x 20% = 23,600 – 708 x (20/100) = ₹ 4,578.40

Basic Property tax = ₹ 4,578.40

Now, adding 24% of cess

4,578.40 x (24/100) = ₹1098.82

Total Property tax to be paid = 4,578.40 + 1098.82 = ₹ 5,677.22

You can avail a rebate of 5% if you pay tax by 30th may of every year.

And, if you don’t pay your property tax on time then a penalty of 2% per month on the net payable amount will be charged.

Rebate on Property Tax
  • 5% rebate can be availed if entire property tax for the current year is paid before 30th May of every year
  • Property tax can be paid in two installments, then no interest on first installment if paid by 30th may, and second installment can be interest free if paid till 30th November.
  • If you have an assigned PID number or Khata, you are eligible to pay your property tax through cheque, DD, Pay order or by using Credit/Debit card at office of the Assistant Revenue Officer or at BBMP help Centre.

Steps for BBMP Property Tax Payment

BBMP property tax payment can be made both online and offline as per the convenience of the taxpayer. The steps for both these methods have been listed below:

How to Pay Property Tax in Bangalore Online?

  • Go to official website of municipal corporation "http://bbmptax.karnataka.gov.in/"
  • Enter your new or old PID number or Base application number
  • Then, all you’re your tax details will be fetched
  • After checking the amount, Click on Pay tab to make the payment online through Credit/debit card, net banking
  • After payment it will generate a payment receipt that can be used for future reference

How to Pay Property Tax in Bangalore Offline?

  • Visit the nearest authorized sector for property tax collection- Bangalore one centre or the ARO office.
  • Collect the property tax collection form.
  • Fill the form with required details and submit it.
  • Apart from visiting the centres, one can even visit the authorized banks to submit the BBMP property tax.
  • Some of the banks authorized to collect the property tax in Bangalore are- Indian Overseas Bank, ING Vysya Bank, Corporation Bank, IDBI Bank, Canara Bank, IndusInd Bank, Yes Bank, HDFC Bank and Kotak Mahindra Bank.

Due Dates, Rewards and Exemption/Concession from payment of BBMP property tax

Due Date: The due date to fill up the property tax in Bengaluru was extended by the Karnataka Government this year, to cope up with the Covid-19 crisis. The date was extended from April 30, 2020, to May 31, 2020.

Rebate on BBMP Property Tax: The BBMP property tax can be paid in two instalments for the current year. However, if one pays the tax in full one instalment, then one can avail a rebate of 5% on the total property tax.

Exemption and Concession from Payment of BBMP Property Tax: As per the provisions made in section 110 under subsection 1(A) of the KMC Act 1976, the ex-serviceman or the family of a deceased ex-serviceman can avail an exemption of 50% on the property tax on any land or property that is under the ownership of the ex-serviceman. However, in case the property is tenanted instead of self-owned, or if it is used for any other purpose apart from the residential use, then the exemption on the property cannot be availed.

Depreciaation Rate Table

Age of the building Depreciation rate (per cent) on taxable annual value
Does not exceed 3 years 3
Exceeds 3 years but does not exceed 6 years 6
Exceeds 6 years but does not exceed 9 years 9
Exceeds 9 years but does not exceed 12 years 12
Exceeds 12 years but does not exceed 15 years 15
Exceeds 15 years but does not exceed 18 years 18
Exceeds 18 years but does not exceed 21 years 21
Exceeds 21 years but does not exceed 24 years 24
Exceeds 24 years but does not exceed 27 years 27
Exceeds 27 years but does not exceed 30 years 30
Exceeds 30 years but does not exceed 33 years 33
Exceeds 33 years but does not exceed 36 years 36
Exceeds 36 years but does not exceed 39years 39
Exceeds 39 years but does not exceed 42 years 42
Exceeds 42 years but does not exceed 45 years 45
Exceeds 45 years but does not exceed 48 years 48
Exceeds 48 years but does not exceed 51 years 51
Exceeds 51 years but does not exceed 54 years 54
Exceeds 54 years but does not exceed 57 years 57
Exceeds 57 years but does not exceed 60 years 60
Exceeds 60 years 70

FAQs

How much is property tax in Bangalore?

The property tax in Bangalore is calculated by multiplying the area of the property with per sq feet tax rate.

How do I check my BBMP property tax online?

You can check your BBMPO property tax on bbmptax.karnataka.gov.in

How can I pay property tax online in Bangalore?

Log in to your account in the official BBMP property tax website and file your property tax return. After completing the form, choose the payment method as online, and pay your property tax in Bangalore.

What is the due date for BBMP property tax?

The due date for BBMP property tax is April 30. If you make the payment before the due date, you get 5% rebate on your tax.

How much do property taxes cost?

The property tax cost is solely the tax that you will pay. In different states, the method of calculating property tax varies.

Can Bangalore one pay property tax?

Yes, you can pay property tax through Bangalore One, but the payment can only be made through cheque. The cheque should be on the name of Bangalore One.


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