Bidhannagar Civic Body to levy penalty on property tax dues from April 1

09 Feb 2024 CW Team

Starting from April 1, BMC announced that it would initiate the collection of a 10% penalty and 10% interest on property tax arrears. The calculation would be based on the dues as of March 31 this year. A target of collecting Rs 400 million from property tax in the current financial year, ending on March 31, has been set by the civic body.

The original plan was for the penalty and interest to be payable from October 1 of the previous year, but the civic authorities decided to defer the implementation of this plan. Officials stated that it would be more convenient for the authorities to calculate and apply the penalty and fine on arrears for all four quarters of the year instead of applying the penalty and interest for the first two quarters and then recalculating the arrears for the third and fourth quarters.

Taxpayers have the option to either pay online, generating demand notices through their assessee number, or make payments in cash, cheque, or demand draft at designated bank branches and tax collection offices between 11 am to 3 pm on any working day. Additionally, authorities have been organizing doorstep property tax collection camps for taxpayers in the Rajarhat-Gopalpur area.

Furthermore, authorities are planning to commence the collection of property tax from April 1 for residents of four BMC wards ? 27, 28, 35, and 36 ? encompassing a vast area including Mahisbathan, Nayapatti, and the extensive bheri areas off EM Bypass. These residents, who still pay 'khajna' or land revenue to the local panchayat or BLRO office, will also be able to conduct mutation of properties.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..