Property Owners
A slight twist, all this time we were familiar with the property owners faking the tax payments, here the property tax collectors are unnecessarily levying heavy tax on the property owners. It has been learnt that extra charges are being levied in the property tax bills without the property owners knowledge. To eradicate this illegal [...] Continue Reading »
Kochi Corporation has till now estimated Rs. 5 crores yet to be collected from the tax defaulters. It has been traced that majority of the property owners are avoiding the property tax payment. Therefore, the Revenue Officer of corporation arranged a council meeting to discuss tax evasion details. According to corporation officials, around 159 property [...] Continue Reading »
The higher officials in Municipal Corporation of Delhi (MCD) have proposed an increase in property tax. So, property owners are ready shell out extra money from the next property tax payment. According to the budget for the year 2012 and 2013 there is proposed increase to be made for property charges and also for conservancy [...] Continue Reading »
Its an era of technology, you can now get your property registrations done in just one click. Delhi government claims to be inspired by online passport registration and has decided to implement the same solution for property registrations. Experts from Delhi government say that the work has already started at Rohini and Mehrauli and other [...] Continue Reading »
New flat buyers be ready to shell out more and more money in Noida. This is not a purposeful hike the developers have opted for! Developers in Noida city had to make around Rs 3,000 crore payment for the notices that the Uttar Pradesh government had issued to land allottees. Failing badly to pay this amount [...] Continue Reading »
A tough task ahead for Pune Municipal Corporation (PMC), it has been ordered to collect Rs. 400 crores from tax defaulters within span of one month. However, the city tax department of PMC has till now collected Rs. 25 crores only. PMC has taken this task pretty seriously, as property tax is the main source of [...] Continue Reading »
Chennai Metropolitan Development Authority (CMDA) were busy sealing and demolishing the buildings in Chennai city. Multi-level commercial buildings at Parry’s corner and residential buildings in Tiruvanmiyur were also listed in the demolition and sealing drive. The monitoring committee’s instruction lead CMDA to act against illegal property in the city. A four-story commercial building on Armenian [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) were contended with the response received from the shop owners and residential property owners to pay the property tax. MCG managed to collect Rs 50,000 as property tax within one day. MCG officials claim that this was successful only because of them reaching doorstep and the property owners had [...] Continue Reading »
Property owners who own their property in surrounding areas of Bangalore metro line are awaiting for their property to appreciate in value. With the launch of Namma Metro all over the city, home buyers and realtors in the city are busy calculating capital to be fetched for their property. Meanwhile the industry experts say that it is [...] Continue Reading »
Delhi residents be ready to fork out money for the new tax schemes. Property owners from now onwards should pay education cess as a part of property tax. The Municipal Corporation of Delhi (MCD) has planned to impose this tax on property owners insisting them to pay it annually. MCD official say that, they are [...] Continue Reading »
