Kalyan-Dombivli body seals 5 flats of developer for non-payment of dues
Real Estate

Kalyan-Dombivli body seals 5 flats of developer for non-payment of dues

In a decisive move, the Kalyan-Dombivli Municipal Corporation has sealed five flats belonging to a developer for non-payment of open land tax dues. The civic body's action is a part of its on-going efforts to recover outstanding taxes and ensure compliance with financial obligations.

The sealed flats, located within the jurisdiction of the municipal corporation, highlight the municipality's commitment to enforcing financial discipline among developers. The open land tax, a crucial revenue source for civic amenities and infrastructure, has been a focal point for the municipal corporation's revenue collection endeavours.

This step serves as a stern reminder to real estate developers about the importance of fulfilling their financial responsibilities to local administrations. The Kalyan-Dombivli Municipal Corporation's proactive approach underscores the broader national trend of municipal bodies taking stringent measures to enhance revenue collection and maintain financial stability.

Property owners and developers are urged to clear their outstanding dues promptly to avoid legal repercussions and property seizures. As municipalities across the country grapple with economic challenges, such actions become imperative for sustaining essential services and development projects. The sealing of developer's flats signals a firm stance by the civic body to ensure that all stakeholders contribute responsibly to the financial well-being of the community.

In a decisive move, the Kalyan-Dombivli Municipal Corporation has sealed five flats belonging to a developer for non-payment of open land tax dues. The civic body's action is a part of its on-going efforts to recover outstanding taxes and ensure compliance with financial obligations. The sealed flats, located within the jurisdiction of the municipal corporation, highlight the municipality's commitment to enforcing financial discipline among developers. The open land tax, a crucial revenue source for civic amenities and infrastructure, has been a focal point for the municipal corporation's revenue collection endeavours. This step serves as a stern reminder to real estate developers about the importance of fulfilling their financial responsibilities to local administrations. The Kalyan-Dombivli Municipal Corporation's proactive approach underscores the broader national trend of municipal bodies taking stringent measures to enhance revenue collection and maintain financial stability. Property owners and developers are urged to clear their outstanding dues promptly to avoid legal repercussions and property seizures. As municipalities across the country grapple with economic challenges, such actions become imperative for sustaining essential services and development projects. The sealing of developer's flats signals a firm stance by the civic body to ensure that all stakeholders contribute responsibly to the financial well-being of the community.

Next Story
Equipment

Escorts Kubota Unveils BS V Next-gen Construction Range at Excon 2025

Escorts Kubota (EKL), one of India’s major engineering groups in the agricultural and construction equipment sectors, unveiled its latest BS V–compliant construction machinery line-up at Excon 2025. The refreshed portfolio underscores the company’s push toward application-driven, high-productivity solutions that reduce ownership costs and meet the needs of India’s expanding infrastructure landscape. With demand rising across urban development, industrial logistics and mining, the new range aims to deliver higher performance, durability and operator comfort.In the earthmoving segment, E..

Next Story
Equipment

ACE and Kotak Mahindra Bank Join Hands to Boost Backhoe Loader Financing

Action Construction Equipment (ACE), the world’s largest Pick-n-Carry crane maker and a leading manufacturer of material handling and construction equipment in India, has entered into a Memorandum of Understanding with Kotak Mahindra Bank to enhance the availability of flexible financing options for backhoe loader customers across the country.The collaboration aims to support contractors, infrastructure companies, entrepreneurs, SMEs, and emerging businesses by offering smoother access to credit through customised loan schemes, quicker turnaround times, and the extensive footprint of Kotak M..

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App