Indore
The property rates in India seems to be hitting the astronomical figures in Indore city. This has been proved same when the district-level evaluation committee has kept forward hike in government rates. Upto 400 percent rate hike can be expected and the proposed collector guidelines will be released in public domain from March 1st week. [...] Continue Reading »
The non-payment of property taxes has paved for the auction of eight properties in Indore. The Indore Municipal Corporation (IMC) recently had issued a list of 20 properties for auction in which 8 properties will be hammered in couple of days. The revenue in-charge Chandu Shinde say that they are almost prepared to auction these [...] Continue Reading »
The Indore Municipal Corporation (IMC) is busy reading the terms and conditions for auctioning the properties in Indore. The civic body will be auctioning around 32 properties for non-payment of taxes. IMC officials say any common man is welcome to take over the properties by filling a form of Rs 100 and make a security [...] Continue Reading »
A high-power committee meeting decided to take immediate action against office-bearers of cooperative housing societies in Indore. The office-bearers have violated the rules passed on by the government. The sanction of cooperative housing societies for residential plots for around 320 members has been kept pending since twenty years. When questioned about this to Divisional Commissioner [...] Continue Reading »
After a series of controversies and acceptances, garbage management tax in Indore is again in news. Indore Municipal Corporation (IMC) has again started the collection of garbage management fee in the city. The civic body already has to gain a total of Rs 2 crore from various hotels, gardens and hospitals. This is the second [...] Continue Reading »
Indore Municipal Corporation (IMC) is all geared up to collect more property tax than last financial year! As against last years’s Rs 172 crore collection, the civic body is expecting a whopping Rs 250 crore as tax this fiscal year. It has managed to collect around Rs 150 crore this year against last year’s Rs [...] Continue Reading »
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 [...] Continue Reading »
One can indeed say that the work done by Indore Municipal Corporation (IMC) of recovering property tax is showing positive results. Around Rs 1 crore of property tax was collected by the corporation from the defaulters in a day. This has been a record so far and the officials are confident enough to meet the [...] Continue Reading »
A 100 acre land which was allotted to TCS is to be given to IT department. The land was located at the super corridor of Indore. Indore Development Authourity (IDA), who had acquired the land for the renowned organisation had been instructed by state government to hand it over to the department. However, a meeting [...] Continue Reading »
It is a high time that the municipal corporations in Indian cities have started collecting property tax from the defaulters. Similar is the case at Indore. The Indore Municipal Corporation (IMC) has prepared a huge list of one lakh property tax evaders. These one lakh tax defaulters have kept property tax payment pending from last [...] Continue Reading »
