This paper attempts at a Study on property tax system in India, An analytical study on Kalaburagi city of Karnataka State, in the performance of implementing property tax reforms through unit area method of valuation and self-assessment schemes. Kalaburagi is a city where the results of implementation of these reforms were not up to the mark whereas other cities could achieve considerable success. The main objective of the paper is to explain the differences in the extent of the success in achieving the desired outcomes in the city. There has been a decrease in number of assessed properties in Kalaburagi city. The main findings suggest that it is a combination of policy and administrative factors which are responsible to create differences in performances of the city. Optimal progressivity in tax rates, better coverage and collection ratios, better service delivery, better living conditions and a more stable property market are the major factors contributing to a better performance in property tax collection in Kalaburagi.