No property tax reduction for merged villages with PMC
Real Estate

No property tax reduction for merged villages with PMC

Pune State Minister for Urban Development, Prajakt Tanpure, had rejected the demand to reduce property tax in the fringe areas merged with the Pune Municipal Corporation (PMC).

He declined the demand of Members of the Legislative Assembly (MLAs) of these areas to bring down the property tax in 34 merged villages during the state assembly session.

He told the media that the PMC had provided facilities in these merged villages. The tax has been increased in phases, and it is not appropriate to reduce property tax.

These areas include 11 villages merged into the limits of the civic body in 2017 that pay taxes according to the PMC rates. Before 2017, they paid taxes, as per the gram panchayat rates.

In 2021, the civic body merged 23 more villages into its limits and properties in these villages have to pay taxes according to the PMC rates. But the residents, corporators and MLAs of these areas are against the move since very few civic facilities have been provided to these areas, which are not adequate.

Sanjay Jagtap, MLA of Purandar, said the merged areas had no adequate facilities, with a limited water supply and poor drainage system.

He added that the increase in property tax from the gram panchayat level to the PMC rates is massive. The rates should remain at the gram panchayat levels till 2024.

Bhimrao Tapkir, MLA of Khadakwasla told the media that the proposal of reducing property tax for merged villages should be considered by the state government. It will bring huge relief for the locals as they are already suffering from issues of water scarcity and garbage dumping.

Minister Tanpure told the media that the civic body had drafted a master plan for sewage treatment and fulfilled water needs through water tankers. Around Rs 60 crore have already been spent on improving the infrastructure of the merged villages, and more funds are to be given.

He added that a meeting would be held with local MLAs to improve the situation on the ground. PMC will be instructed to increase the pace of development works in merged villages.

Image Source

Also read: PMC allocates Rs 500 cr for basic amenities in 34 merged villages

Pune State Minister for Urban Development, Prajakt Tanpure, had rejected the demand to reduce property tax in the fringe areas merged with the Pune Municipal Corporation (PMC). He declined the demand of Members of the Legislative Assembly (MLAs) of these areas to bring down the property tax in 34 merged villages during the state assembly session. He told the media that the PMC had provided facilities in these merged villages. The tax has been increased in phases, and it is not appropriate to reduce property tax. These areas include 11 villages merged into the limits of the civic body in 2017 that pay taxes according to the PMC rates. Before 2017, they paid taxes, as per the gram panchayat rates. In 2021, the civic body merged 23 more villages into its limits and properties in these villages have to pay taxes according to the PMC rates. But the residents, corporators and MLAs of these areas are against the move since very few civic facilities have been provided to these areas, which are not adequate. Sanjay Jagtap, MLA of Purandar, said the merged areas had no adequate facilities, with a limited water supply and poor drainage system. He added that the increase in property tax from the gram panchayat level to the PMC rates is massive. The rates should remain at the gram panchayat levels till 2024. Bhimrao Tapkir, MLA of Khadakwasla told the media that the proposal of reducing property tax for merged villages should be considered by the state government. It will bring huge relief for the locals as they are already suffering from issues of water scarcity and garbage dumping. Minister Tanpure told the media that the civic body had drafted a master plan for sewage treatment and fulfilled water needs through water tankers. Around Rs 60 crore have already been spent on improving the infrastructure of the merged villages, and more funds are to be given. He added that a meeting would be held with local MLAs to improve the situation on the ground. PMC will be instructed to increase the pace of development works in merged villages. Image Source Also read: PMC allocates Rs 500 cr for basic amenities in 34 merged villages

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement