Political Parties Tread Cautiously on Proposed Property Tax Hike in Pune

Published: February 12, 2026 | Category: Real Estate Pune
Political Parties Tread Cautiously on Proposed Property Tax Hike in Pune

Pune: With a proposed hike in property tax set to come up before the Pune Municipal Corporation (PMC) general body, political parties are treading cautiously and have so far refrained from taking a public stand on the issue.

Municipal commissioner Naval Kishore Ram has approved a five per cent increase in property tax and placed the proposal before the general body scheduled to meet on February 18. This will be the first general body meeting of the newly elected members following the mayoral election, and the decision is seen as politically sensitive.

Ram said the administration had initially suggested a 10 per cent hike. “During the standing committee meeting, I approved a five per cent increase and forwarded the proposal to the general body for its approval,” he said.

Leader of the Opposition in PMC, Nilesh Nikam, said political parties were still deliberating. “We have held a party meeting to discuss various issues. We will consult our elected members on the property tax hike and take a decision accordingly,” he said.

Leader of the House Ganesh Bidkar said the ruling side would take an appropriate call on the proposal submitted by the municipal commissioner.

An elected BJP corporator, speaking on condition of anonymity, said the issue was politically delicate. “Almost all parties had promised a waiver of property tax for small flats. If we approve a tax hike now, it may be perceived as burdening the middle and upper middle classes to compensate for the waiver. There has been no increase in property tax for the past five years. The first two to three years of a term are the only window to raise taxes. Once preparations for the next elections begin, no party dares to impose a hike,” the corporator said.

The proposed tax hike is expected to generate additional revenue for the PMC, which is crucial for funding various developmental and maintenance projects in the city. However, the political sensitivity of the issue is making it a challenging decision for the newly elected members of the general body.

The cautious approach of the political parties reflects the delicate balance they must strike between fulfilling their electoral promises and ensuring the financial stability of the municipal corporation. As the February 18 meeting approaches, all eyes will be on the general body to see how they navigate this complex issue.

Stay Updated with GeoSquare WhatsApp Channels

Get the latest real estate news, market insights, auctions, and project updates delivered directly to your WhatsApp. No spam, only high-value alerts.

GeoSquare Real Estate News WhatsApp Channel Preview

Never Miss a Real Estate News Update — Get Daily, High-Value Alerts on WhatsApp!

Frequently Asked Questions

1. What is the proposed property tax hike in Pune?
The proposed property tax hike in Pune is a five per cent increase, which has been approved by Municipal Commissioner Naval Kishore Ram and placed before the Pune Municipal Corporation (PMC) general body for approval.
2. Why is the property tax hike politically sensitive?
The property tax hike is politically sensitive because it is the first general body meeting of the newly elected members following the mayoral election. Additionally, most parties had promised a waiver of property tax for small flats, making any increase a potential political liability.
3. When is the general body meeting scheduled?
The general body meeting is scheduled for February 18, 2023.
4. What is the stance of the political parties on the property tax hike?
Political parties are treading cautiously and have not yet taken a public stand on the issue. They are deliberating internally and consulting their elected members before making a decision.
5. What are the potential implications of the property tax hike?
The potential implications of the property tax hike include generating additional revenue for the PMC, which is crucial for funding developmental and maintenance projects. However, it could also be perceived as burdening the middle and upper middle classes, especially if it is seen as compensating for the waiver of property tax for small flats.