Real Estate Pune
Pune Property Tax Rebate Drive Ends with Rs 1,411 Crore Collection
The Pune Municipal Corporation (PMC) concluded its extended rebate period for residential property tax payments, collecting Rs 1,411 crore from 7.75 lakh property owners. Despite a slight decline in participants, the initiative saw robust contributions, including from newly merged villages.
Real Estate Mumbai
Navi Mumbai Introduces 10% ‘Early Bird’ Discount on Property Tax for Timely Payments
Navi Mumbai Municipal Corporation (NMMC) has introduced a 10% ‘Early Bird’ discount on property tax for early payments, along with several reforms to boost tax collections and administrative efficiency.
Real Estate Mumbai
Mumbai Civic Body Achieves Record Property Tax Collection at Rs 6,378 Crore
The Municipal Corporation of Greater Mumbai (MCGM) has achieved a historic property tax collection of Rs 6,378 crore, marking the highest since 2010, despite implementing zero property tax on residences up to 500 square feet.
Real Estate Pune
Pune: PMC Lists Top 100 Property Tax Defaulters with Arrears Worth Rs 334.10 Crore
Pune, 4th February 2025: In response to growing allegations of biased actions by the Property Tax Department, the Pune Municipal Corporation (PMC) has released a list of the top 100 property tax defaulters, with outstanding arrears totaling Rs 334.10 cror
real estate news
New Tax Rule Closes Loophole on Property Sales: How it Affects You
India's real estate market just got a bit more transparent for tax authorities, but this increased scrutiny can change the dynamics of property transactions.