Civic Issues
In the general body meeting, the capital value based property tax system has been cleared which was passed in the statutory standing committee. The proposal was brought for discussion under the ‘Urgent Business’ proposals and was cleared even though it was not on the agenda. Congress members staged a walkout due to the speedy passing [...] Continue Reading »
To decrease the burden of tax on housing properties, Assam Real Estate and Infrastructure Developers’ Association (AREIDA) has suggested the state government to combine the tax into a whole of 10 per cent which includes VAT, service tax, stamp duty, registration, labour cess and NOC fees. The state is already witnessing a hike in property [...] Continue Reading »
A resolution has been passed by the Chennai Corporation recently, which talks about constitution of a committee for assessment of property tax in the city. Now, the Additional Commissioner (Revenue and Finance) of the Corporation has been given power to assess property over 50001 sq ft in both residential and non- residential domain. Additional revenue [...] Continue Reading »
As monsoon is on its way for many parts of India, it looks like GHMC Hyderabad is not bothered to get prepared to face the monsoon. There are still many places in the city where desiltation of the nalas is only half done and the civic body’s disaster management cell do not have enough manpower [...] Continue Reading »
Recently, Odisha cabinet has decided to increase the land valuation which will in turn increase the holding tax in the state making it a burden on residents in Bhubaneswar. The land valuation is by general administration (GA) department in the city and it will be increased to match the benchmark valuation of revenue department. The [...] Continue Reading »
There are many defaulters in Hyderabad who have been eluding property tax. For catching those people and to save crores of rupees lost as revenue in the form of property tax, GHMC Hyderabad has planned to install Geographic Information System (GIS). Two agencies, Vayum Technologies and Vensoft, will help the civic body with the endeavour [...] Continue Reading »
Urban property owner cards to be issued to property owners instead of ‘Khata’ under an agreement between Bangalore and Urban Property Ownership Records (UPOR) are just three months away. The project for the state capital has already been cleared by the state cabinet. The project has already been taken up on a pilot basis in [...] Continue Reading »
Surplus delay in a realty project has caused extreme damage to Bhubaneswar Municipal Corporation (BMC). A delay of 13 years has occurred in construction of a market building in Unit IV, Bhubaneswar. Panchdeep Market Complex, an eight-storied market, has been under construction for the past 13 years. The work, which was a joint venture of [...] Continue Reading »
As the new projects under second phase of Jawaharlal Nehru National Urban Renewal Mission (JNNURM) are being assigned to Greater Hyderabad Municipal Corporation (GHMC), old projects under JNNURM-I worth Rs 800 crore still lie unfinished. The actual deadline given was 2012 but the center gave extra time till 2014. A total of ten projects are [...] Continue Reading »
The Secunderabad Cantonment Board (SCB) has taken the initiative of fixing water meters in its jurisdiction for residential customers. This initiative was taken to monitor water usage and consumption. SCB is also expecting a boost in their revenue through this venture. In the past, residents have been blaming the board for irregular and inadequate water supply. In [...] Continue Reading »
