KIADB to be sole Property Tax collector in Hebbal, Hootagalli, Koorgalli and Thandya Particular Funding Areas
Mysuru: In a big aid for industries in Mysuru, the Karnataka Authorities has introduced that property taxes inside the Particular Funding Areas (SIRs) will now be paid to Karnataka Industrial Areas Improvement Board (KIADB). Beforehand, these industries had been burdened with dual taxation — paying property taxes to Gram Panchayats, City Panchayats or Metropolis Municipal Councils (CMCs) and in addition paying upkeep charges to KIADB.
Underneath the brand new directive, industries inside Mysuru-Thandya SIR, together with areas akin to Kadakola, Adakanahalli, Kochanahalli, Immavu, a number of phases of Thandya Industrial Space, Girls’s Entrepreneur Park, Single Unit Complexes and upcoming Movie Metropolis, will now pay property tax solely to KIADB. The identical applies to industrial items in Hebbal, Hootagalli, Belavadi, Belagola, Koorgalli, BEML Industrial Space and different sectors inside the Mysuru-Hebbal SIR with impact from April 1, 2025.
This extra monetary load had been a persistent problem. This lengthy-awaited transfer addresses a requirement pending for over three a long time from native industries and industrial associations.
This resolution marks a vital step in direction of resolving lengthy-standing administrative ambiguities. It alerts the approaching institution of an Industrial Township Authority, which is able to streamline governance and assign a single company for tax assortment.
Suresh Kumar Jain, Secretary of Mysuru Industries Affiliation (MIA), famous that this decision is the end result of almost thirty years of constant advocacy.
Within the absence of a unified taxation system, industries in the area confronted larger tax charges than their counterparts elsewhere in Karnataka, typically imposed by native Panchayats and Municipal our bodies — with out commensurate funding in infrastructure.
He cited Hootagalli CMC as a case in level, the place industries reportedly contributed Rs. 60 crore in property taxes with minimal infrastructure growth in return.
Set of calls for by MIA
Following the official announcement of the SIRs in February 2025, the MIA formally approached S. Selvakumar, Principal Secretary, Division of Industries and Commerce, in search of readability on property tax assortment procedures.
The Affiliation said that from Feb. 10, 2025, Hootagalli CMC ought to now not have the authority to gather taxes from designated industrial areas. Furthermore, if any taxes have been collected since then, 70 p.c ought to be transferred to the KIADB Mysuru Zone.
The MIA additionally opposed KIADB’s order to impose a upkeep charge of Rs. 15,000 per acre from April 2025, urging the Board to as an alternative take full duty for the maintenance of industrial areas — together with upkeep of streetlights, water provide and main roads.
Civic facilities for industrial areas
The MIA additional demanded that KIADB guarantee the availability of all civic facilities as mandated below the CMC Act, thereby enhancing infrastructure and public providers.
In the meantime, the Hootagalli CMC ought to full all ongoing or initiated highway initiatives inside industrial areas.
Further calls for embody allocating 70 p.c of the property tax collected as much as Mar. 31, 2025, completely for the upkeep of these industrial zones. This, the MIA says, ought to be performed in session between Hootagalli CMC and KIADB.
Till a everlasting tax assortment mechanism below the SIR framework is totally established, the MIA has known as for an advert-hoc association with clear directions to make sure transparency and continuity.
To deal with these calls for and iron out implementation points, the MIA has requested a joint assembly of KIADB, Hootagalli City Municipality, related City Native our bodies and industrial associations.
Stakeholders consider this transfer won’t solely simplify administration but additionally result in improved infrastructure. By making a more funding-pleasant surroundings, it’s anticipated that Mysuru will diversify past its tourism-centric financial system, spurring industrial progress and broader financial growth.
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