ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Pune civic body seals buildings over property tax dues
Real Estate

Pune civic body seals buildings over property tax dues

Since May of this year, the local council has sealed more than 400 structures belonging to citizens who have not paid property taxes for several years and are about to lose their homes. "Notices informing the owners and occupants of these properties of the payment were sent. However, after numerous summonses, they have failed to pay the tax, so these properties have been sealed. The next course of action, which may include auctioning off these properties, would be decided in due course, according to Ajit Deshmukh, chairman of the Pune Municipal Corporation's (PMC) property tax division.

The civic administration needs to recover around 80,000 million from defaulters, according to PMC officials. This includes large tax evaders including businesses, shopping centres, IT parks, and hospitals in addition to taxes on cell towers.

"Many tax defaulters have filed lawsuits in opposition to letters of collection. In many situations, the PMC is powerless to use coercion. According to a senior PMC official, this is delaying recovery.

Since May of this year, the local council has sealed more than 400 structures belonging to citizens who have not paid property taxes for several years and are about to lose their homes. Notices informing the owners and occupants of these properties of the payment were sent. However, after numerous summonses, they have failed to pay the tax, so these properties have been sealed. The next course of action, which may include auctioning off these properties, would be decided in due course, according to Ajit Deshmukh, chairman of the Pune Municipal Corporation's (PMC) property tax division. The civic administration needs to recover around 80,000 million from defaulters, according to PMC officials. This includes large tax evaders including businesses, shopping centres, IT parks, and hospitals in addition to taxes on cell towers. Many tax defaulters have filed lawsuits in opposition to letters of collection. In many situations, the PMC is powerless to use coercion. According to a senior PMC official, this is delaying recovery.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement