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BBMP Launches Drive to Recover ₹800 Crore in Unpaid Property Taxes

real estate news

BBMP Launches Drive to Recover ₹800 Crore in Unpaid Property Taxes

The Bruhat Bengaluru Mahanagara Palike (BBMP) has received over 50,000 e-Khata applications and launched a drive to recover ₹800 crore in unpaid property taxes from 3.75 lakh property owners.

July 29, 2025
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Selling a Property Gifted by Parents: Understanding Tax Implications

real estate news

Selling a Property Gifted by Parents: Understanding Tax Implications

If you've received a property as a gift from your parents and are planning to sell it, understanding the tax implications is crucial. This article explains how capital gains tax is calculated and what steps you should take to ensure compliance.

July 26, 2025
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PCMC Identifies 34,000 Property Owners Owning Unpaid Tax Dues

Real Estate Pune

PCMC Identifies 34,000 Property Owners Owning Unpaid Tax Dues

The Pimpri Chinchwad Municipal Corporation (PCMC) has identified over 34,000 property owners who have failed to pay their taxes for many years, with a significant number residing in affordable housing schemes and government-sponsored projects.

July 26, 2025
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Pune Municipal Corporation Struggles with Bounced Property Tax Cheques

Real Estate Pune

Pune Municipal Corporation Struggles with Bounced Property Tax Cheques

Pune, 25th July 2025: Over 1,530 property tax cheques submitted to the Pune Municipal Corporation have bounced, leaving a staggering ₹14 crore in unpaid dues.

July 25, 2025
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Bengaluru Real Estate: e-Khata Becomes Mandatory from July 1, 2025

real estate news

Bengaluru Real Estate: e-Khata Becomes Mandatory from July 1, 2025

Bengaluru's real estate market is undergoing a significant transformation with the mandatory implementation of e-Khata for all BBMP properties from July 1, 2025. The digital property record system aims to enhance transparency, digitization, and tax compliance.

July 24, 2025
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Housing Societies in Mumbai and Pune Confused Over NA Tax Abolition

Real Estate Mumbai

Housing Societies in Mumbai and Pune Confused Over NA Tax Abolition

Nearly 10 months after the state cabinet announced the abolition of non-agricultural (NA) tax for urban housing societies, confusion remains due to the absence of a formal government resolution (GR).

July 19, 2025
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