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14 Bengaluru Property Owners Settle Rs 27 Lakh Tax Dues Amidst Auction Scare
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Bengaluru Property Owners Pay Rs 27 Lakh Tax After Auction Notice
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News18
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01-03-2026, 10:45
Bengaluru Property Owners Pay Rs 27 Lakh Tax After Auction Notice
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14 Bengaluru property owners cleared Rs 27 lakh in pending taxes after the South City Corporation announced public auctions.
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The auction notice served as a strong deterrent, prompting swift payments to avoid asset loss.
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South City Corporation had shortlisted 50 properties with Rs 1.1 crore in arrears; 14 paid before the auction.
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Despite the auction being initiated for the remaining 36 properties, no bidders came forward.
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Authorities plan fresh auctions for the remaining properties, emphasizing strict action against defaulters.
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