Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

house tax delhi

Housing ministry wants to increase in tax relief on home loans

Housing ministry wants to increase in tax relief on home loans
In the Union budget of 2013-14, the housing minister had asked the finance ministry to raise the tax deduction limit on home loan to Rs 2 lakh from the existing Rs 1.50 lakh. This decision will be a relief to the needful borrowers suffering due to high interest rates. This will also boost the housing sector through this relief [...] Continue Reading »

MCG to take stringent action against tax defaulters

MCG to take stringent action against tax defaulters
Residents residing in privately developed localities such as DLF, Sushant Lok, South City, Ardee City, Sun City, Nirvana Country, Palam Vihar and in other areas should pay the house tax to the Municipal Corporation of Gurgaon at the earliest. Government is now strict about the collection of house tax within the municipal limits, a senior [...] Continue Reading »

‘Government bodies’ biggest tax defaulters

‘Government bodies’ biggest tax defaulters
In order to recover property tax, the south Delhi municipal corporation has decided to attach their bank accounts. A senior officer of SDMC said, this action will be taken by this weekend. Strict action will be taken on Delhi International Airport Limited (DIAL) which owes Rs 85 crore as property tax to the civic body. [...] Continue Reading »

SDMC to include more properties in tax net

SDMC to include more properties in tax net
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »

Areas under NDMC to pay double property tax

Areas under NDMC to pay double property tax
Delhi – North Delhi Municipal Corporation (NDMC) has proposed to double the  property tax in the area under its supervision. There is a hike of 170% in the base unit area value and 3-5 % increase in the rate of tax across all categories of colonies, as per the proposed budget by commissioner P K [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!