Properties purchased but no tax to be paid!
According to the reports of Indore Municipal Corporation (IMC), around one lakh property owners are not eligible to pay property tax.
The reason being they have bought properties, got approvals and have agreements but did not register them.
It is the previous owners in place of defaulters who get property tax notices from the civic body.
It was found that 410 colonies in the city are illegal.
Now the plan is that the new owners will be considered as real owners so that the loss can be fulfilled by them paying the tax.
Source: Daily Bhaskar
Tags:
Colonies, IMC, Indore, Indore Municipal Corporation, Owners, Properties, Property Owners, property tax
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