Bengaluru real estate: The state has extended the deadline for property owners to avail of a 5% rebate on full property tax payments for FY 2026–27 | Real Estate News
 Karnataka govt extends 5% property tax rebate till May 31; applicable across five city corporations

Karnataka Government Extends Property Tax Payment Deadline

The Karnataka government has granted a reprieve to property owners by extending the deadline for availing a 5% rebate on property tax payments for FY 2026-27.

Extension of Deadline

  • The new deadline for claiming the discount is May 31, 2026, for taxpayers under the Greater Bengaluru Authority and the city's five municipal corporations.
  • The extension aims to encourage timely payments and boost revenue collection, providing relief to those who have yet to pay while giving them another opportunity to benefit from the rebate.

According to a government order, the extension is in the interest of taxpayers under the jurisdiction of the Greater Bengaluru Authority and the five municipal corporations of Bengaluru.

Eligibility for Rebate

The rebate applies to property owners who pay their annual property tax in a single lump sum.

Homeowners say that such incentives, though modest in percentage terms, can translate into meaningful savings for owners of high-value properties, particularly in core and premium micro-markets.

Benefits of the Rebate

  • Property owners who pay their annual tax in full can gain from the 5% discount.
  • The discount can translate into significant savings for owners of high-value properties.

Dhananjaya Padmabanachar, director of Karnataka Home Buyers Forum, said, "It will benefit homeowners, especially those in self-occupied units."

Streamlining the Process

GBA had also indicated that digital payment channels and self-assessment systems remain available to streamline the process.

Taxpayers are encouraged to verify property details and clear any pending dues, they had said.

Previous Extensions

  • Last year, BBMP extended the deadline for availing the 5% property tax rebate by one month.

Homebuyers can also download e-Khata using the property tax ID.

Downloading e-Khata

Property owners in Bengaluru can now download their e-Khata online using their SAS Property Tax ID.

The digital initiative has been rolled out across the five city corporations under the Greater Bengaluru Area, GBA had said earlier.

Property owners can access the service through the official portal and log in using their mobile number and OTP.

After entering the SAS Application Property Tax ID, users can download the e-Khata instantly, it said.

e-Khata Initiative

E-Khata is the electronic version of the traditional khata certificate, introduced by Bengaluru's municipal body in October 2024.

This digital record is available online, allowing property owners to download and verify their khata without visiting the municipal office.