+
South Delhi civic body collects Rs 1,075 cr property tax in FY21-22
Real Estate

South Delhi civic body collects Rs 1,075 cr property tax in FY21-22

South Delhi Municipal Corporation (SDMC) collected Rs 1,075 crore as property tax in FY 2021-22. The amount had crossed the Rs 1,000 crore mark for the first time.

SDMC had collected property tax of Rs 943 crore and Rs 826 crore in 2020-21 and 2019-20, respectively.

SDMC commissioner Gyanesh Bharti credited the success to the officials who extended all possible help to the taxpayers and made them understand the need of making the payment before the deadline. The corporation has also raised Rs 917 crore as the highest transfer duty.

He told the media that SDMC kept its offices open on Saturdays and last Sunday in March and organised about 900 camps in the municipal wards. It aims to raise the total tax collection to Rs 1,200 crore.

SDMC said that its focus is on the recovery of pending tax and payment of the tax by the government agencies or departments, paid rich dividends.

Assessor and collector of SDMC, Radha Krishan, said that from Rs 620 crore property tax collected by the headquarters, over Rs 100 crore has been received from government organisations.

Image Source

Also read: Delhi govt inks contract for seamless movement of public vehicles

South Delhi Municipal Corporation (SDMC) collected Rs 1,075 crore as property tax in FY 2021-22. The amount had crossed the Rs 1,000 crore mark for the first time. SDMC had collected property tax of Rs 943 crore and Rs 826 crore in 2020-21 and 2019-20, respectively. SDMC commissioner Gyanesh Bharti credited the success to the officials who extended all possible help to the taxpayers and made them understand the need of making the payment before the deadline. The corporation has also raised Rs 917 crore as the highest transfer duty. He told the media that SDMC kept its offices open on Saturdays and last Sunday in March and organised about 900 camps in the municipal wards. It aims to raise the total tax collection to Rs 1,200 crore. SDMC said that its focus is on the recovery of pending tax and payment of the tax by the government agencies or departments, paid rich dividends. Assessor and collector of SDMC, Radha Krishan, said that from Rs 620 crore property tax collected by the headquarters, over Rs 100 crore has been received from government organisations. Image Source Also read: Delhi govt inks contract for seamless movement of public vehicles

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?