Kochi Corporation to impose penalty on illegal buildings
In a bid to increase revenue as well as to address the issue of illegal building, the Kochi Corporation is planning to allot building numbers to all unauthorized buildings and then impose penalty three times the normal tax on the owners.
Both residential and commercial buildings constructed without prior approval from the civic body would be allotted numbers. The objective is to bring in more buildings under the tax ambit to generate more revenue.
To materialize the plan, state government will have to issue guidelines on the amount of fine that could be charged depending on the area of unauthorized constructions.
Building, Buildings, Civic administrations, Cochin Kerala, Commercial buildings, illegal buildings, Kerala, Kochi Corporation, Kochi Corporation Kerala, Kochi Kerala, Residential buildings, Revenue from property tax, Tax, tax ambit, Taxes, unauthorized building, unauthorized buildings, Unauthorized constructions