Property tax arrears: immovable property auction begins

 Property tax arrears: immovable property auction begins

Bengaluru: BBMP has started the process of urgent auction of properties that have been in arrears of property tax for a long time.

The defaulters did not pay the tax despite notices asking for reasons for delay in payment of property tax arrears, demand notices, property seizure, and sealing of non-residential properties. Therefore, the auction process has been started under Section 156 Sub-section 5 of the BBMP Act 2020, said BBMP Revenue Department Special Commissioner Munish Moudgil.

The property tax arrears due to the corporation will be fully recovered from the money received in the auction. The excess money will be deposited in the bank account of the property owners. One to two auctioneers have been identified from each zone of the corporation. He informed that a date has been fixed for the auction process of eight to ten properties and notices have been issued to the owners.

‘This is a start, this process is carried out every week. The arrears of commercial/industrial and residential properties with high property tax arrears will be recovered through the auction process. Two lakh properties in the BBMP area have not paid tax. The defaulters should not be allowed to take coercive action like auction, Munish has appealed.

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Auction Notice

M. Rangappa, who owns a 44,933 sq ft building in 9090 sq ft in Chokkasandra, has arrears of property tax of ₹1.85 crore. M. Kumar, who owns a 12,080 sq ft building in 399 sq ft in HSR Layout, has to pay ₹31.94 lakh property tax. Shankare Gowda, who owns a 29,100 sq ft building in 6785 sq ft in Bagalgunte, has arrears of ₹30.99 lakh tax. Mohammad Ishaq, Mohammad Ayub, and Mohammad Shoaib, who own a 6,400 sq ft building on a 2,008 sq ft plot in Shantala Nagar, have a property tax of ₹11.22 lakh. The BBMP has issued notices to auction all four properties.