{"id":274012,"date":"2024-02-16T13:53:15","date_gmt":"2024-02-16T13:53:15","guid":{"rendered":"https:\/\/hamslivenews.com\/?p=274012"},"modified":"2024-02-16T13:53:15","modified_gmt":"2024-02-16T13:53:15","slug":"chief-minister-bengalurus-properties-set-to-receive-digital-ownership-documents-soon","status":"publish","type":"post","link":"https:\/\/www.hamslive.com\/news\/2024\/02\/chief-minister-bengalurus-properties-set-to-receive-digital-ownership-documents-soon\/","title":{"rendered":"Chief Minister: Bengaluru&#8217;s Properties Set to Receive Digital Ownership Documents Soon"},"content":{"rendered":"<p>Karnataka Government Plans to Digitize Bengaluru Property Tax Records by 2024-25 Fiscal Year<\/p>\n<p>In his budget speech, Chief Minister Siddaramaiah announced an initiative to digitize property tax records for all 20 lakh properties in Bengaluru, issuing digital e-Khatas. He highlighted the expected record tax collection of \u20b94,300 crore for the current fiscal year, aiming for \u20b96,000 crore in 2024-25 through enhanced tax collection methods.<\/p>\n<p>To achieve this revenue target, leakages in tax collection will be curbed. Additionally, the government plans to generate \u20b92,000 crore from revised advertisement policies and a premium Floor Area Ratio (FAR) policy. FAR, based on usable floor area, will be utilized for this purpose.<\/p>\n<p>Addressing urban development, the government aims to improve infrastructure and quality of life in Bengaluru. Initiatives include completing 147 km of white-topping or cement road construction by December 2025 and piloting an underground tunnel at Hebbal Junction to ease traffic congestion.<\/p>\n<p>The Peripheral Ring Road (PRR) will be repositioned as the Bengaluru Business Corridor to alleviate traffic and spur economic activities, with a proposed 73 km road project under a PPP model. Plans also include constructing a 250-meter high Skydeck to enhance tourism and establishing captive solar parks in various urban institutions.<\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.hamslive.com\/news\/2024\/02\/chief-minister-bengalurus-properties-set-to-receive-digital-ownership-documents-soon\/\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 100% !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Karnataka Government Plans to Digitize Bengaluru Property Tax Records by 2024-25 Fiscal Year In his budget speech, Chief Minister Siddaramaiah announced an initiative to digitize property tax records for all 20 lakh properties in Bengaluru, issuing digital e-Khatas. He highlighted the expected record tax collection of \u20b94,300 crore for the current fiscal year, aiming for [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":274013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,6],"tags":[2104,250,10222,10223,164],"class_list":{"0":"post-274012","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-india","8":"category-tech","9":"tag-bengaluru","10":"tag-chief-minister","11":"tag-digital-ownership","12":"tag-fiscal-year","13":"tag-india"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chief Minister: Bengaluru&#039;s Properties Set to Receive Digital Ownership Documents Soon<\/title>\n<meta name=\"description\" content=\"Karnataka Government Plans to Digitize Bengaluru Property Tax Records by 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