MC Uses Mobile App to Catch Property Tax Defaulters

Half of Nagpur property owners default on taxes

The common belief that only the wealthy are behind in paying property tax was stated to be incorrect. According to data from the Nagpur Municipal Corporation (NMC), it was shown that most defaulters owed less than 10,000 in property tax.

A staggering 3.3 lakh were reported to be in this group, which added up to 590.38 million in unpaid taxes. In contrast, it was mentioned that 136 owners with over 5 lakh in tax dues owed NMC a total of 580.53 million.

Upon closely examining the tax defaulters released by NMC, it was revealed that out of 7.05 lakh property owners in Nagpur, almo..

Mumbai BMC Issues Notices to Metro Project Contractors Over Pending Property Tax

The Brihanmumbai Municipal Corporation (BMC) has issued notices to five contractors involved in executing metro projects in Mumbai for their outstanding property tax dues. This move highlights the BMC's efforts to ensure compliance with tax obligations and uphold financial accountability among contractors working on major infrastructure projects.

The issuance of notices underscores the importance of timely payment of property tax as a civic responsibility, especially for entities involved in significant development initiatives. By addressing unpaid tax liabilities, the BMC aims to maint..

Mumbai BMC Issues Warning on Property Tax Arrears

The Brihanmumbai Municipal Corporation (BMC) has issued a stern warning to property owners in Mumbai regarding the payment of outstanding property tax dues. With the deadline set for May 25, the BMC emphasizes the importance of timely payment to avoid stringent actions. Property owners are urged to adhere to this deadline to prevent potential legal ramifications.

The BMC's announcement comes amidst efforts to bolster revenue collection and ensure the smooth functioning of civic amenities and services in the city. Non-compliance with property tax payments can lead to penalties and legal..

DLF Launches Luxury Project in Gurugram

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.

The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..

Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects

Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.

The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..