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HomeNewsIndiaBengaluru civic body collects record Rs 4,930 crore property tax, IT hub Mahadevapura top contributor
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Bengaluru civic body collects record Rs 4,930 crore property tax, IT hub Mahadevapura top contributor

Bruhat Bengaluru Mahanagara Palike has collected more than Rs 1,000 crore in property tax during 2024–2025 compared to the previous financial year.

April 14, 2025 / 18:08 IST
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Property tax

The Bruhat Bengaluru Mahanagara Palike (BBMP) has recorded an all-time high property tax collection of Rs 4,930 crore for the financial year 2024–25, an increase of over Rs 1,000 crore compared to a year ago, with the IT hub Mahadevapura emerging as a top source of revenue.

Data from the BBMP revenue department showed this is 94.62% of the civic body’s total annual target of Rs 5,210.47 crore, and now, for 2025–26, BBMP is aiming to cross Rs 6,000 crore in property tax collection alone.

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Mahadevapura zone, home to major IT parks along the Outer Ring Road and the Whitefield area, once again emerged as the top-performing zone, collecting Rs 1,310.58 crore to exceeding its target with 100.12 percent growth. In 2008, the state government had brought 110 villages under BBMP, including 31 in Mahadevapura zone. However, the situation remains unchanged, lacking basic facilities like roads, water, and streetlights.