Ghaziabad residents face potential Rs 5,000 house tax hike in April '24

18 Jan 2024 CW Team

It is noteworthy that the circle rates in the city are determined based on road widths in the locality. If these rates are revised, the new taxation rate is expected to vary between Rs 3.5 per sq ft to Rs 4 per sq ft. This is an increase from the current Rs 1.61 per sq ft to Rs 2.45 per sq ft.

A segment of councillors has expressed opposition to the revision of house tax. They argue that the rates were recently raised by 10%, and a second round of increase would be unjust to homebuyers. Mayor Sunita Dayal mentioned that the matter will be taken up with the state government.

According to an official from the Ghaziabad Municipal Corporation (GMC), the primary criteria for determining the new tax slab include the DM circle rate, width of roads, and location of a property. If the road width is less than 12m, the proposed house tax rate will be Rs 3.50 per sq ft, up from the existing Rs 1.61/sq ft. Similarly, in localities with road widths between 12 metres and 24 metres, the new house tax rate would be Rs 3.75/sq ft against Rs 2/sq ft. For areas where roads are wider than 24 metres, the slab will be Rs 4/sq ft, up from the current Rs 2.45/sq ft.

The official added that for properties located near highways or arterial roads, the tax rate hike will be steeper. For instance, residents of Crossings Republik, situated near the Delhi-Meerut Expressway and NH9, will have to pay more taxes than those in Siddharth Vihar.

"The average annual increase in house tax will be around Rs 4,000 to Rs 5,000," the official noted. In January of the previous year, the GMC Board approved a proposal to increase house tax by 10% on 4.28 lakh properties. "The 10% house tax rate is already applicable and under consideration. So, why are the house tax rates now being increased to be on par with the circle rate It will only add to the financial burden on residents. We will oppose this hike and have already submitted a memorandum to the mayor," they added.

Homeowners may find themselves obligated to pay an additional Rs 5,000 in taxes annually starting from the upcoming financial year. This is because the civic corporation is contemplating aligning property tax with the DM circle rate. It is noteworthy that the circle rates in the city are determined based on road widths in the locality. If these rates are revised, the new taxation rate is expected to vary between Rs 3.5 per sq ft to Rs 4 per sq ft. This is an increase from the current Rs 1.61 per sq ft to Rs 2.45 per sq ft. A segment of councillors has expressed opposition to the revision of house tax. They argue that the rates were recently raised by 10%, and a second round of increase would be unjust to homebuyers. Mayor Sunita Dayal mentioned that the matter will be taken up with the state government. According to an official from the Ghaziabad Municipal Corporation (GMC), the primary criteria for determining the new tax slab include the DM circle rate, width of roads, and location of a property. If the road width is less than 12m, the proposed house tax rate will be Rs 3.50 per sq ft, up from the existing Rs 1.61/sq ft. Similarly, in localities with road widths between 12 metres and 24 metres, the new house tax rate would be Rs 3.75/sq ft against Rs 2/sq ft. For areas where roads are wider than 24 metres, the slab will be Rs 4/sq ft, up from the current Rs 2.45/sq ft. The official added that for properties located near highways or arterial roads, the tax rate hike will be steeper. For instance, residents of Crossings Republik, situated near the Delhi-Meerut Expressway and NH9, will have to pay more taxes than those in Siddharth Vihar. The average annual increase in house tax will be around Rs 4,000 to Rs 5,000, the official noted. In January of the previous year, the GMC Board approved a proposal to increase house tax by 10% on 4.28 lakh properties. The 10% house tax rate is already applicable and under consideration. So, why are the house tax rates now being increased to be on par with the circle rate It will only add to the financial burden on residents. We will oppose this hike and have already submitted a memorandum to the mayor, they added.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..