In a significant move to curb property tax evasion, the Corporation of Shivaji Maharaj’s City (CSMC) in Aurangabad has sealed several shops. This action is part of an ongoing effort to ensure that all property owners comply with their financial obligation
Property TaxAurangabadCsmcShop SealingRevenue CollectionReal Estate PuneDec 13, 2024
The CSMC has sealed several shops in Aurangabad to curb property tax evasion. This action is part of a broader initiative to ensure that all property owners comply with their financial obligations to the local government.
The CSMC is focusing on property tax collection to address the significant revenue shortfall caused by non-payment of taxes. This revenue is crucial for maintaining and enhancing public services and infrastructure in the city.
The CSMC has implemented a streamlined process for property tax payments, including online and mobile payment options, to make it easier for property owners to comply with their tax obligations.
The public reaction has been mixed. Many residents and business owners who have been paying their taxes see the sealing as fair and necessary, while some property owners have raised concerns about the impact on small businesses and the local economy.
The CSMC has set up a helpline and a grievance redressal mechanism to address any issues or queries related to property tax payments. They are also committed to working with property owners to find mutually beneficial solutions.
Brigade Enterprises shares surged 5% after signing a joint development agreement for a residential project in Bengaluru, reflecting its planned investment in the city's dynamic real estate market.
Arkade Group, a renowned real estate developer in Mumbai, has launched a unique campaign titled 'Family First' to emphasize the importance of family values and unity.
Raymond, a leading name in the real estate sector, has announced the development of a Rs 1800 crore housing project in Mumbai. This ambitious project is expected to generate significant revenue and aligns with the company's strategic growth plans in the M
Ambuja Cements, a leading cement manufacturer owned by the Adani Group, plans to invest Rs 2,500 crore in the construction of cement and clinker carriers. This strategic move aims to enhance the company's transportation capabilities and reduce logistics c
Pune, a city recognized for its rapid development and booming real estate sector, is on the cusp of significant changes. This article explores the innovative trends and ethical considerations that will shape the future of real estate in Pune.
The Mumbai Metro Line 8 is set to revolutionize connectivity between the Chhatrapati Shivaji Maharaj International Airport (CSMIA) and the Navi Mumbai International Airport (NMIA), significantly reducing traffic congestion and boosting real estate development in the region.