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Serviced apartments in Bangalore

Serviced apartments under commercial property tax net

Serviced apartments under commercial property tax net
Serviced apartments is right now one of the major real estate attraction in Bangalore city. Meanwhile, the property tax department had requested state government to add serviced apartments under commercial property tax net. This plan was a seeded by namma Bruhat Bangalore Mahanagara Palike’s (BBMP). The process is right now on hold! Having a rough [...] Continue Reading »

Service Apartments May Have To Cough Up More Tax

Service Apartments May Have To Cough Up More Tax
BBMP Bangalore will propose that Serviced apartments in Bangalore be considered as hotels. Till now Service apartments in Bangalore are paying taxes like any residential property. If the proposal comes through, the 200-odd serviced apartments in the city may have to cough up more tax. Most service apartments in Bangalore are located in Koramangala, Jayanagar, [...] Continue Reading »



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