Bengaluru: Full property tax waiver proposed for vacant plots used as multi-level parking
The Karnataka government has introduced a proposal to grant a complete waiver on property taxes and service charges for vacant land in Greater Bengaluru that is utilized for mechanized or multi-level public parking. Meanwhile, plots used for ground-level parking could be eligible for a 50% tax reduction. These draft parking regulations are intended to boost off-street parking availability and reduce traffic congestion. The authorities are accepting public feedback and objections until September 10.
by shortkt.com✓