#PropertyOwners https://realtyquarter.com Fri, 07 Jun 2024 03:03:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.16 https://realtyquarter.com/wp-content/uploads/2017/11/RQ-logo-fo-web.png #PropertyOwners https://realtyquarter.com 32 32 The Delhi civic authority will no longer accept checks for the payment of property taxes as of July 1. https://realtyquarter.com/the-delhi-civic-authority-will-no-longer-accept-checks-for-the-payment-of-property-taxes-as-of-july-1/ https://realtyquarter.com/the-delhi-civic-authority-will-no-longer-accept-checks-for-the-payment-of-property-taxes-as-of-july-1/#respond Fri, 07 Jun 2024 03:03:49 +0000 https://realtyquarter.com/?p=8394 NEW DELHI: Due to the problem of unpaid checks, the Municipal Corporation of Delhi (MCD) announced on Wednesday that it will stop accepting property tax payments by check as of July 1. According to a statement from the civic authority, property taxes would need to be paid digitally starting next month via UPI, wallets, demand […]

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NEW DELHI: Due to the problem of unpaid checks, the Municipal Corporation of Delhi (MCD) announced on Wednesday that it will stop accepting property tax payments by check as of July 1.

According to a statement from the civic authority, property taxes would need to be paid digitally starting next month via UPI, wallets, demand drafts, pay orders, or any online payment portal.

“Due to legal issues stemming from dishonored cheques, property tax payments through this method will be discontinued starting in July,” the statement said.

In addition, the MCD made a plea to building and land owners who are not yet occupied to pay taxes for 2024–25 and receive a 10% refund on lump sum payments made by June 30th.

Property owners or occupiers can visit www.mcdonline.nic.in to pay their taxes.

Property tax is due on all buildings and undeveloped land under the Delhi Municipal Corporation’s authority, according to section 114 of the Delhi Municipal Corporation (Amendment) Act, 2003.

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The Bengaluru civic government is owed Rs 711.1 crore in taxes by over 3.60 lakh properties. https://realtyquarter.com/the-bengaluru-civic-government-is-owed-rs-711-1-crore-in-taxes-by-over-3-60-lakh-properties/ https://realtyquarter.com/the-bengaluru-civic-government-is-owed-rs-711-1-crore-in-taxes-by-over-3-60-lakh-properties/#respond Wed, 22 May 2024 17:29:56 +0000 https://realtyquarter.com/?p=8333 BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) is having a lot of trouble getting property taxes from some of the most prominent establishments in the city, including hotels, malls, developers, educational institutions, and charity trusts. Approximately 3.63 lakh homes owed Rs 711.1 crore in taxes as of May 18. With 57,043 houses owing Rs 95 crore, […]

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BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) is having a lot of trouble getting property taxes from some of the most prominent establishments in the city, including hotels, malls, developers, educational institutions, and charity trusts.

Approximately 3.63 lakh homes owed Rs 711.1 crore in taxes as of May 18. With 57,043 houses owing Rs 95 crore, Bommanahalli tops the list, followed by Rajarajeshwari Nagar with 55,073 properties owing Rs 54.31 crore.

Additionally, a difference of Rs 231.77 crore is expected to be paid by 1,66,557 properties.
“We are calling these defaulters and revising cases using an IVR system and sending them SMS messages every day.

They do not, however, make the overdue tax payments. Munish Moudgil, special commissioner of the BBMP (revenue), told TOI, “We will shortly begin special enforcement for recovery in accordance with the law.

Even though BBMP has previously made this list available to the public, many of the defaulters on it still do not pay their taxes. A significant source of funding for the BBMP is property tax, and the collection department faces ongoing difficulties because some properties have tax arrears dating back many years.

Even though BBMP has previously made this list available to the public, many of the defaulters on it still do not pay their taxes. A significant source of funding for the BBMP is property tax, and the collection department faces ongoing difficulties because some properties have tax arrears dating back many years.

Numerous defaulters on the BBMP’s list have routinely disregarded numerous warnings over an extended period of time. Many property owners continue to be oblivious to their tax duties in spite of the BBMP officials’ attempts to ensure compliance, which include sending notices, sealing properties, taking possession of inheritances and immovable property, and even seizing bank accounts.

Property tax defaulters’ zone-by-zone information (source: BBMP)
The bureaucratic procedure associated with these enforcement operations can be laborious and slow, which makes it more difficult for the BBMP to collect arrears.

“The defaulters bring a stay from the courts whenever we issue them notifications, which forces us to tie our hands. “What is the purpose of having a revenue cell if the stays prevent it from operating at its best?” Moudgil said.

In the hopes that many would pay up, we have so developed the OTS, a time settlement plan,” he continued.
A 5% discount is available under the scheme for payments made over a longer period of time.

Even with this incentive, many property owners are still averse to paying their debts, which is dishearteningly low compliance, according to Moudgil.

Property owners who have not paid their taxes on time have received several notifications. Form 13 has been sent out in response to those who disregard these letters, starting the process of entering BBMP’s claim into the Deputy Registrar’s office records.

The goal of this legal action is to impose a lien on the property, making it more difficult for owners to transfer or sell it without paying the overdue taxes.

“To improve accountability and transparency, we have made the list of the top defaulters available to the public. The BBMP intends to put pressure on the defaulters to make amends by identifying and publicly humiliating them. However, this strategy hasn’t always worked well, so it’s unclear if it will work better this time around, Moudgil continued.

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Due to water access, PMRDA has put 20 development plans on hold. https://realtyquarter.com/due-to-water-access-pmrda-has-put-20-development-plans-on-hold/ https://realtyquarter.com/due-to-water-access-pmrda-has-put-20-development-plans-on-hold/#respond Thu, 25 Jan 2024 02:42:01 +0000 https://realtyquarter.com/?p=7974 PUNE: Rahul Mahiwal, the commissioner of PMRDA, told TOI on Monday that he had put 20 out of the 50 bids he had received last week on hold since the developers had not provided a clear supply of water for the projects. “These suggestions won’t be approved unless the water source is clarified… The more […]

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PUNE: Rahul Mahiwal, the commissioner of PMRDA, told TOI on Monday that he had put 20 out of the 50 bids he had received last week on hold since the developers had not provided a clear supply of water for the projects.

“These suggestions won’t be approved unless the water source is clarified… The more than 200 building plans that have been received in the past two months are being examined. The process will start in February and each proposal will be followed by a site visit, he stated.

These developments are situated in the Pune district’s Maval, Mulshi, and Haveli talukas, which are experiencing a boom in building activity.

As per the directions issued by Divisional Commissioner Saurabh Rao last week, the checks have been started. Rao had instructed the PMRDA and municipal commissioners of Pune and Pimpri Chinchwad not to permit construction work until the builders had disclosed the sources of water they planned to supply to the property owners.

Every proposal will be considered on its own. If no one is living in the complex yet, permissions will be revoked. The PMRDA commissioner stated, “We will look for the water sources that the developer promised.”

The building permit department officials said that a review of the approvals granted based on the builders’ affidavits and the gram panchayat NOC would take place.

When awarding building licenses, the divisional commissioner had instructed PMRDA to consider more information than just the developers’ affidavits about water supplies.

Last Monday, the divisional commissioner urged the public to express their complaints over the water supply, under the directives of the Bombay High Court. 60 or more residents have brought up concerns about the water supply.

The PMRDA, which oversees more than 800 villages, two municipal corporations, seven municipal councils, and three cantonment boards, has sprung into action and chosen to carefully examine the construction projects it has approved.

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