Dhaka North Property Tax 2026: Commercial Rates Rise 12%

The Dhaka North City Corporation approved a revised property tax schedule on 8 July 2026 that raises rates on commercial buildings by 12 percent while holding residential assessments steady in 14 designated low-income wards. The change channels an estimated additional 180 crore taka into drainage and road repairs under the corporation's 2026-27 budget.

The adjustment follows the corporation's March 2026 review of flood damage reports that documented repeated waterlogging in northern residential zones after heavy rainfall events. City records show 47 wards experienced at least three flooding incidents between June and September 2025, prompting the reallocation from general revenue to targeted infrastructure accounts.

Daily costs and service access for households

Homeowners in Mirpur sections 11 and 12 and parts of Uttara will see no increase in their property tax notices this year, freeing an average of 4,200 taka per household for other expenses according to corporation assessment data. These same wards are scheduled to receive new covered drains along 18 kilometres of local roads, with work projected to begin in September 2026. Shopkeepers in Tejgaon industrial area and Banani commercial blocks will pay the higher commercial rate, adding roughly 28,000 taka annually to operating costs for a typical 200-square-metre premises.

Local advocates note that small vendors operating from rented spaces in the affected commercial zones may pass some of the added expense to customers through modest price increases on daily goods. Corporation documents list 2,150 commercial properties subject to the rate rise, compared with 184,000 residential holdings that remain at current levels.

Implementation timeline and next steps

The corporation will issue updated tax demand notices by 31 July 2026 and open a 45-day appeal window for property owners who dispute their classification. Tenders for the first drainage contracts are expected to be published in the second week of August, with completion targeted for April 2027 in the priority wards. Remaining revenue from the commercial adjustment will stay within the city corporation's infrastructure fund rather than being transferred to national accounts.