Real Estate Forum on Property Tax in Mysore

Latest Answer: Mr Abhishek is absolutely right. For further queries you can check this link http://www.informationkhazana.com/mysore-information/mysore-property-tax.html

Latest Answer: The property tax is usually paid at the zonal offices. There are seven zonal offices of the Mysore City Corporation all over Mysore. Different ward numbers have been allotted to each office. You need to go to the zonal office that offers civic service to your ward and make the payment. You have to collect the SAS forms in the office itself and fill them up correctly. You can also get this done by the officials by paying a charge of Rs 25. Once you make the payment against the filled form, you will receive a challan. This challan needs to be stamped by any official for the payment to be accepted.

Latest Answer: The corporation has collected Rs. 25 crore as water fee till November-end as against the target of Rs. 36 crore to be collected by March. And The corporation collected Rs. 140.42 lakh as trade licence fee till November-end, against the target of Rs. 254.7 lakh till March next year.

Latest Answer: Hi, yes the property tax collection has reached 65% of the target. Also the corporation has collected Rs. 25 lakh as water cess till November-end as against the target of Rs. 36 lakh to be collected by March bringing the percentage of target met to almost 70%.

Latest Answer: Oh, I heard that the authorities are providing their phone numbers to the property owners. this is intended to provide some more comfort for the owners in tax payment. If the owners are not able to visit the Mysore City Corporation zonal office, then they can give the authorities a call and they will come to their doorsteps to collect the tax!!

Latest Answer: Yeah the section 103 of that act clearly states what all taxes the MCC can levy, and the transport cess isnt one.

Latest Answer: The MysoreOne is a part of the KarnatakaOne endeavor to make certain civic issues easier to the people of Mysore. The centers are open throughout the year from 8AM to 8PM. You can take care of a bunch of errands in just one day by visiting any of the MysoreOne centers. You can pay your Airtel, BSNL, CellOne, Vodafone, Idea, or MTS postpaid bills, electricity bill, as well as the water tax and property tax amounts. You can also take care of your tax returns by filing them at the MysoreOne center.

Latest Answer: The payment system at the zonal offices is a very confusing procedure. It is better to pay the tax at the bank. Mysore City Corporation has started a new system of property tax payment at different branches of certain banks, like State Bank of Mysore, Vijaya Bank, ING Vysya, and Syndicate Bank. You can go to any branch of any of these four banks and deposit money in the MCC account for that bank. The MCC has been working on starting up a system of online property tax payment from 2010. But they haven’t been able to put up the facility on the website as of now.

Latest Answer: Don’t depend on the agent too much on these matters. It is better if you yourself can do the payment and take the receipt of the payment. The registration fee is 1% of the property value in Mysore, in case of sale of property. In addition to this, the Mysore City Corporation (MCC) has introduced a 2% fee chargeable on the sale deed. If you acquire the property as a gift deed from a family member, then you will have to pay a registration fee of just Rs 500.

Latest Answer: Hey, Aasthi is the property tax that is levied on immovable property by the Mysore City Corporation. According to the Karnataka Municipal Corporations Act, property tax remains constant for three years, then increases by 15%. So all you have to do is pay the same amount for three years, then increase it by 15%, and pay that amount for next three years and so on. You can also go to the zonal office to get it calculated by paying an extra Rs 25 to Rs 50. That is unnecessary as you can do it by yourself.