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Mysuru civic body to open B register to increase tax revenue, Real Estate News, Realty Beat

Mysuru civic body to open B register to increase tax revenue, Real Estate News, ET RealEstate
MYSURU: In order to increase its revenue, the cash-strapped Mysuru City Corporation (MCC) has decided to initiate ‘B’ register for revenue sites in its limits like the model adopted by Bruhat Bengaluru Mahanagara Palike (BBMP).

A team of corporators and officials led by deputy mayor Anwar Baig had on Saturday visited the BBMP to learn about the initiative to collect property tax from owners.

According to MCC officials, there are 1.92 lakh properties under the corporation limits. MCC has property tax arrears of around Rs 92 crore for the 2020-2021 financial year. MCC had set a target of Rs 140 crore property tax collection for 2021-22.

Adding the arrears and the target, the total tax amount which MCC had to collect is Rs 232 crore but it could manage to collect just around Rs 100 crore.

As there are around 61 revenue layouts and 31,000 revenue properties in 65 wards under MCC, the authorities and elected representatives have decided to open a B register like the one in BBMP to collect property tax from such properties. BBMP registers such revenue properties under B register for extending civic amenities.

Deputy mayor Anwar Baig told TOI that the 25-member team which includes senior corporators, standing committee chairpersons and deputy commissioner MN Shashikumar visited BBMP and held discussions with BBMP revenue department joint commissioner Venkatachalapathy.

“BBMP had introduced the B Register for revenue properties in its limits in 2006 and the initiative has been successful. We will also introduce a B register in MCC to collect property tax from revenue properties to provide basic amenities. The decision will be taken up in the coming council meeting,” he said.


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