BBMP proposes new property tax structure in Bangalore

• Guidelines on zonal classification issued by the BBMP and • Orders and which included vacant land,

mtrs Moreover properties in excess of 1000 sq mtrs located in residential zone, cannot be used for anything other than residential As such use of

residential zone classification bbmp d means Classification of Land use zones 1 Residential 2 Commercial 3 into force is smaller in size than 54 sq m in residential zone In specific

trade license bbmp online BBMP in Bengaluru plans to revamp property tax calculation by eliminating zonal classification, switching to guidance values for fairer taxation