The Pune Municipal Corporation (PMC) has issued a stern notice to the Deenanath Mangeshkar Hospital, demanding the immediate payment of Rs 22 crore in property tax within the next two days. Failure to comply could result in severe legal action.
Property TaxDeenanath Mangeshkar HospitalPune Municipal CorporationFinancial StabilityPayment DeadlineReal Estate PuneApr 08, 2025
The Pune Municipal Corporation (PMC) has demanded Rs 22 crore in property tax from Deenanath Mangeshkar Hospital.
If the hospital fails to pay the outstanding amount by the deadline, legal action will be initiated against the institution.
The hospital administration has expressed its willingness to negotiate with the PMC and find a mutually beneficial solution, requesting a more feasible payment plan.
Property tax is a crucial source of revenue for the PMC, essential for funding the city's infrastructure and public services.
The outcome of this case could set a precedent for property tax collection in Pune and other cities, emphasizing the need for a balanced approach that considers both financial responsibility and socio-economic impact.
Former Maharashtra chief secretary Manoj Saunik takes over as the new chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA)
Mumbai, August 20, 2024. Godrej Properties Limited (GPL) introduces #WhereTrustResides, a groundbreaking campaign to simplify the home buying process and build trust with consumers.
The Indian data center market has been a hotbed of activity, attracting over USD 60 billion in investment commitments from domestic and international investors between 2019 and 2024.
The Vizhinjam Seaport has been assigned a new location code, which is expected to enhance its operational efficiency and attract more investments in the region. This development is a significant step forward in the ongoing infrastructure projects in Keral
Niranjan Hiranandani, a prominent Indian real estate tycoon, has recently shared an exclusive peek into his 25,000-square-foot penthouse in Mumbai, a city known for its cramped and overpriced housing. The luxurious residence, located in the heart of the c
The Gram Sabha of Morjim has vehemently opposed the Rs 8 crore parking project proposed at Morjim Beach, raising concerns over the environmental impact and the involvement of non-Goans in nearby land purchases.