India, April 15 -- Bengaluru's municipal body, Bruhat Bengaluru Mahanagara Palike (BBMP), said in a statement that property tax collections increased for FY25, totalling Rs.4,930 crore.

This marks an increase of over Rs.1,000 crore compared to the Rs.3,918 crore collected in FY24. Despite setting a target of Rs.5,210 crore for FY25, BBMP achieved approximately 94.6% of this goal. In FY26, the municipal body plans to cross Rs.6000 crore. BBMP said.Also Read: Bengaluru real estate: BBMP to cut parking tax for residential properties, bringing relief to homebuyers

Among the BBMP zones, Mahadevapura contributed the highest with Rs.1,310 crore against a target of Rs.1,309 crore, data from BBMP showed.

Yelahanka emerged as the top performer, ...