FAQ's on BBMP
The Unit Area Value system is another variant of the earlier Annual Rateable Value (ARV) system. While the ARV was based on the expected rent from the property, the Unit Area Value is based on the expected returns from the property depending on the location and usage of the property. Since the unit of calculation is based on per square foot per month (UNIT) and for a particular location, street, (AREA) and multiplied by a rate (VALUE), this method of assessment of property is called “Unit Area Value” method. This is the same method adopted in the optional SAS during the year 2000.
The jurisdiction of BBMP has been classified into 6 value zones based on the published guidance value of the Department of Stamps and Registration. Separate appendix to the handbook containing the zone classifications has been printed. The zone classification is also hosted in our website www.bmponline.org
In Bangalore, like in any other part of the country, we do not have an active and reliable real estate market that publishes the rental rates of every street. The published guidance value of the Department of Stamps and Registration is the only objective tool available for making a reasonable classification of zones. Other methods of classification will be too subjective and run the risk of official discretion. The guidance value route is adopted in other Corporation in the country.
Property tax has not been revised since the year 2000. Hence, during revision it is normal for the tax to go up. However, a decision has been taken to retain the old rates of SAS 2000 for the respective Zones. Because of this decision not to increase the rates, properties that remain in the same zone will pay less than what they paid on the basis of SAS 2000, and those properties that has shifted to a higher zones will pay a little more than what they did earlier.
Car parked in open spaces including veranda or under the portico in respect of residential houses is excluded from the built up area.
To keep the measurement objective, the measurement mentioned in the schedule to the sale deed has to be taken as this is irrefutable evidence. Carpet area will always lead to interpretation between the taxpayer and BBMP and hence avoided.
Since the area falls within BBMP jurisdiction, you need to calculate vacant land tax as prescribed in category XIV.
Payment not exceeding Rs.1000/- can be paid by cash. Any payment exceeding Rs.1000/- shall be paid only by cheque or Demand draft drawn in favor of Commissioner, Bruhat Bangalore Mahanagara Palike.