MCC to start B register for revenue sites to increase its revenue
Real Estate

MCC to start B register for revenue sites to increase its revenue

Mysuru City Corporation (MCC) has decided to initiate a B register for revenue sites within its limits to increase revenue, similar to the model adopted by Bruhat Bengaluru Mahanagara Palike (BBMP).

Officials and corporates visited BBMP to learn more about initiative B register and collect property tax from the owners.

As per the corporation officials, there are 1.92 lakh properties within the corporation limits. The civic body has property tax arrears of nearly Rs 92 crore for FY20-21. MCC has targeted to collect Rs 140 crore as property tax for 2021-22.

The total amount that MCC had to collect is Rs 232 crore but managed to collect only Rs 100 crore.

Under MCC's limit, there are around 61 revenue layouts and 31,000 revenue properties in 65 wards. The authority and representatives have decided to initiate a B register like BBMP to collect property tax. BBMP registers such properties under B register for extending civic amenities.

Mayor Anwar Baig told the media that the team includes senior corporators, standing committee chairpersons and deputy commissioner M N Shashikumar visited BBMP and had discussions with BBMP revenue department joint commissioner Venkatachalapathy.

BBMP initiated B register in 2016 for revenue properties and was successful. The civic body has also decided to introduce a B register to collect property tax from revenue properties to provide basic facilities.

Image Source

Mysuru City Corporation (MCC) has decided to initiate a B register for revenue sites within its limits to increase revenue, similar to the model adopted by Bruhat Bengaluru Mahanagara Palike (BBMP). Officials and corporates visited BBMP to learn more about initiative B register and collect property tax from the owners. As per the corporation officials, there are 1.92 lakh properties within the corporation limits. The civic body has property tax arrears of nearly Rs 92 crore for FY20-21. MCC has targeted to collect Rs 140 crore as property tax for 2021-22. The total amount that MCC had to collect is Rs 232 crore but managed to collect only Rs 100 crore. Under MCC's limit, there are around 61 revenue layouts and 31,000 revenue properties in 65 wards. The authority and representatives have decided to initiate a B register like BBMP to collect property tax. BBMP registers such properties under B register for extending civic amenities. Mayor Anwar Baig told the media that the team includes senior corporators, standing committee chairpersons and deputy commissioner M N Shashikumar visited BBMP and had discussions with BBMP revenue department joint commissioner Venkatachalapathy. BBMP initiated B register in 2016 for revenue properties and was successful. The civic body has also decided to introduce a B register to collect property tax from revenue properties to provide basic facilities. Image Source

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement