Bengaluru Property Tax Settlement Scheme

13 Jun 2024 CW Team

The Karnataka government has announced a one-time settlement scheme for property tax defaulters in Bengaluru, effective until July 31. The scheme, declared by Karnataka Deputy Chief Minister D.K. Shivakumar, aims to encourage property owners to clear their dues without incurring additional penalties. This initiative is designed to provide relief to taxpayers while also boosting the state's revenue collection.

Under this scheme, property owners who have pending tax liabilities can settle their dues by paying the principal amount, with the government waiving off any interest and penalties accrued over the years. This move is expected to benefit a large number of property owners in Bengaluru, who have been burdened by accumulated interest and penalties on their overdue taxes.

The Deputy Chief Minister highlighted that the one-time settlement scheme is part of a broader effort to streamline and improve the property tax collection system in the city. The government is also working on enhancing the efficiency and transparency of the tax collection process, making it easier for property owners to comply with their tax obligations in the future.

The announcement of the scheme has been met with positive reactions from property owners and real estate stakeholders, who see it as a welcome relief during challenging economic times. It also aligns with the government's objective to increase compliance and reduce the backlog of unpaid taxes.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..