Wednesday, April 2, 2025

Parking fees in buildings reduced!

 Zoning, class unit rates abolished, single fee for all zones

Parking fees in buildings reduced!



Bengaluru: A draft notification has been issued to re-fix the fees for parking areas in residential and non-residential buildings under the BBMP jurisdiction.

The BBMP Chief Commissioner issued the draft notification on March 29, fixing the unit fee as per the Unit Area Value (UAV). Seven days have been given to file objections.

UAV was decided in the zoning classification as per the notification dated March 28, 2016. As per the tax formula, 50 percent of the unit rate of the zoning classification (A, B, C, D, E F) and class (RCC, Red Oxide, Sheet/Tile) was collected as parking fee. It has been revised to fix the same parking area rates for all zonal classifications and classes of properties.

If a covered and stilt parking area is used for own or rental purposes in residential buildings, the fee will be ₹2 per square foot. Non-residential buildings will have to pay ₹3 per square foot, the draft notification said.

According to the new UAV rates, if there is a parking area of ​​150 square feet, the residential area will have to pay ₹2 per square foot per month, which will be ₹300. As per the tax formula, ₹600 will have to be paid per year. The fee for non-residential buildings will be ₹1,125. This fee will be lower than what is being paid now, officials said.


Revised annual parking fee (tax formula)

Residential: 150 square feet (parking area) x ₹2 (per square foot) x 10 months = ₹3,000. 20% of this amount = ₹600

Non-residential: 150 sq ft (parking area) x ₹3 (per sq ft) x 10 months = ₹4,500. 25% of this amount = ₹1,125

How much is the savings?

If the owner of such a building is paying about ₹780 annually for a 150 sq ft parking area, then such a building owner will have to pay ₹600.

Fee reduction: Munish Moudgil

‘As per the notification dated March 28, 2016, those who have mentioned the parking area at the time of determining the property tax are already paying the fee in the property tax itself. This fee will be reduced as per the new revision,’ said Munish Moudgil, Special Commissioner, Revenue Department, BBMP.

‘Instead of charging more for parking, all buildings should be encouraged to have parking areas. Therefore, Deputy Chief Minister D.K. Shivakumar had suggested that the fee be reduced. Accordingly, a draft notification has been issued revising the fee.

‘The fee will be reduced by 30 percent for residential building owners who have already included their parking area in the property tax. There will be a 25 percent reduction for non-residential building owners. Overall, the BBMP will save about ₹5000 crore in property tax,’ he informed.

‘Those who have not included their parking area in the property tax can do so during this year’s property tax payment,’ he said.

Suspension of property tax payment

The BBMP’s property tax payment system has been suspended due to the inclusion of garbage management service fee in the property tax in the current financial year and revision in the parking fee.

On the website for paying property tax online, ‘Financial year 2024-25 has ended and the new financial year (2025-26) is starting. The online property tax payment system will be operational from 5 pm on April 3,’ the message has been published.

It was decided in the final days of the financial year to collect all the proposed fees through property tax. A new column needs to be created. Thus, the property tax system has been hampered, officials said.

E-Khata, New Khata suspended

The BBMP, which intends to collect fees and taxes more in the new financial year, has temporarily suspended the e-Khata and New Khata websites. ‘The software of the new Khata system has been temporarily suspended as maintenance work is being carried out on the property tax online system. The service will resume after April 4,’ it has been informed.

‘After entering all types of data in the e-Khata, New Khata system, a message is coming. If the software is not working or is temporarily blocked, no data should be allowed to be entered. This should have been informed earlier,’ said Chandrappa of Vijayanagar.

No comments:

Post a Comment