+
Thiruvananthapuram set to issue final property tax notification
Real Estate

Thiruvananthapuram set to issue final property tax notification

The Thiruvananthapuram civic body has reported that only one complaint has been received regarding the revised tax rates, and this complaint comes from one of the 4.8 lakh property taxpayers in the city.

It was disclosed that the corporation council had given their approval to the draft of the new tax rates and slabs in the city during a council meeting held on August 5. Subsequently, complaints and grievances began to be received by the civic body starting from August 6.

The deadline for submitting complaints was August 23. During this timeframe, an email was received containing a general concern about the increase in tax rates.

As there were no specific complaints received concerning tax slabs and the proposed rates, the finance standing committee is planning to recommend the new tax rates for the final approval of the council meeting. It is expected that the agenda for this recommendation will be presented in the upcoming council meeting. Additionally, the proposed new slabs for tax assessment for convention centres and hospital buildings will be forwarded to the state government.

Also read: 
UP RERA aims to revive 10,000 stalled housing units  
Boundary Holdings Executives Invest Rs 76 Crores in Delhi Land 

The Thiruvananthapuram civic body has reported that only one complaint has been received regarding the revised tax rates, and this complaint comes from one of the 4.8 lakh property taxpayers in the city. It was disclosed that the corporation council had given their approval to the draft of the new tax rates and slabs in the city during a council meeting held on August 5. Subsequently, complaints and grievances began to be received by the civic body starting from August 6. The deadline for submitting complaints was August 23. During this timeframe, an email was received containing a general concern about the increase in tax rates. As there were no specific complaints received concerning tax slabs and the proposed rates, the finance standing committee is planning to recommend the new tax rates for the final approval of the council meeting. It is expected that the agenda for this recommendation will be presented in the upcoming council meeting. Additionally, the proposed new slabs for tax assessment for convention centres and hospital buildings will be forwarded to the state government. Also read:  UP RERA aims to revive 10,000 stalled housing units  Boundary Holdings Executives Invest Rs 76 Crores in Delhi Land 

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?