7,000 properties threat being auctioned on Feb 17 over unpaid property tax in Bengaluru – Imperial Wire

The Higher Bengaluru Authority (GBA) has introduced that properties belonging to round 7,000 house owners throughout 5 companies will likely be auctioned on February 17, for failing to clear long-pending property tax dues amounting to over ₹437 crore.

Demand notices had been first issued to the defaulters, however the dues remained unpaid. Attachment orders had been additionally served as a part of the restoration course of. Because the house owners didn’t comply even after this step, the GBA has now moved to public sale the properties as a final resort, the authority stated.

The auctions will likely be held on the places of work of the Joint Commissioners of the 5 companies.

The listing of properties recognized for public sale and the associated notices have been uploaded on the official web site. Property house owners have been given a ultimate probability to keep away from the public sale by instantly clearing their excellent dues by means of the web portal.