24-05-2023
Property tax is a levy imposed by the government on real estate properties, including residential units, commercial spaces, and vacant land. It is an essential source of revenue for local municipal bodies, which utilize these funds to provide public services and maintain the infrastructure of the area. Property tax is calculated based on the assessed value of the property and is usually collected annually or semi-annually.
24-05-2023
Prestige Park Ridge, located in the serene Bannerghatta area of South Bangalore, offers residents a desirable living experience with its exceptional amenities and modern infrastructure. As a property owner at Prestige Park Ridge, it is important to understand the concept of property tax and its implications. Let’s explore property tax and its relevance to Prestige Park Ridge.
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