1. Home
  2. Real Estate
  3. Over One-Third of Properties in PCMC Unregistered for Property Tax
Over One-Third of Properties in PCMC Unregistered for Property Tax
Real Estate

Over One-Third of Properties in PCMC Unregistered for Property Tax

08 Dec 2023 2 Min Read CW Team
An ongoing survey has disclosed that approximately 35% of properties within the Pimpri Chinchwad Municipal Corporation (PCMC) boundaries are not registered with the property tax department. The PCMC administration has enlisted an external agency to conduct the survey and allocate a Unique Property Identification Code (UPIC) to each property, serving as a distinct identifier within the PCMC jurisdiction. This UPIC allows property owners to access various services, including tax payments to the civic body.

Pradeep Jambhale Patil, the additional municipal commissioner of PCMC, stated that the numbering of properties has commenced in several areas, with a primary focus on Bhosari, Wakad, and Pimpri Wagjhre. Notably, around 35% of these properties have been found to be unregistered with the property tax department, resulting in non-payment of property taxes to the PCMC.

Wakad Area, in particular, hosts a significant number of unregistered properties. The ongoing survey has already numbered 305,573 properties, with approximately 300 personnel from the agency actively working in the field for the past six months. The comprehensive survey, including the internal measurement of each property, is anticipated to conclude within the next 1.5 years.

Patil emphasized that of the six lakh properties presently registered with the property tax department, the ongoing survey indicates the likelihood of discovering two to three lakh unregistered properties by its completion. Subsequently, the municipal corporation plans to issue notices to these property owners, urging them to register with the civic body.

A civic official noted that the expected property tax, initially estimated at Rs 6 billion, may double once these unregistered properties are accounted for. This extensive survey is unprecedented, and officials highlight that such detailed information about unregistered properties has not been available in the past. Property owners are encouraged to register to avail themselves of the benefits offered by the civic body.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

An ongoing survey has disclosed that approximately 35% of properties within the Pimpri Chinchwad Municipal Corporation (PCMC) boundaries are not registered with the property tax department. The PCMC administration has enlisted an external agency to conduct the survey and allocate a Unique Property Identification Code (UPIC) to each property, serving as a distinct identifier within the PCMC jurisdiction. This UPIC allows property owners to access various services, including tax payments to the civic body. Pradeep Jambhale Patil, the additional municipal commissioner of PCMC, stated that the numbering of properties has commenced in several areas, with a primary focus on Bhosari, Wakad, and Pimpri Wagjhre. Notably, around 35% of these properties have been found to be unregistered with the property tax department, resulting in non-payment of property taxes to the PCMC. Wakad Area, in particular, hosts a significant number of unregistered properties. The ongoing survey has already numbered 305,573 properties, with approximately 300 personnel from the agency actively working in the field for the past six months. The comprehensive survey, including the internal measurement of each property, is anticipated to conclude within the next 1.5 years. Patil emphasized that of the six lakh properties presently registered with the property tax department, the ongoing survey indicates the likelihood of discovering two to three lakh unregistered properties by its completion. Subsequently, the municipal corporation plans to issue notices to these property owners, urging them to register with the civic body. A civic official noted that the expected property tax, initially estimated at Rs 6 billion, may double once these unregistered properties are accounted for. This extensive survey is unprecedented, and officials highlight that such detailed information about unregistered properties has not been available in the past. Property owners are encouraged to register to avail themselves of the benefits offered by the civic body.

Next Story
Infrastructure Urban
13 Jan 2025

Telangana Unveils Bold Vision for Economic and Sustainable Growth

Telangana is charting an ambitious course toward becoming a leader in India's economic landscape with transformative initiatives in infrastructure, sustainability, and connectivity. Speaking at the CII National Council meeting in Hyderabad, the state leadership announced its vision to position Hyderabad as a global service sector hub and a “Future City,” rivalling the likes of New York, London, and Tokyo. Plans include making the city net-zero, pollution-free, and equipped with 3,200 electric buses for public transport. Telangana also leads India in electric vehicle (EV) adoption, having w..

Read More
Next Story
Real Estate
13 Jan 2025

India’s Commercial Real Estate Booms Amid Surging Office Space Demand

India's commercial real estate sector witnessed unprecedented growth in 2024, fuelled by soaring demand for office spaces from global companies, according to reports from top property consultancies. Net office absorption reached approximately 50 million square feet last year, marking the highest level in five years, as per data from Cushman & Wakefield and JLL Research. Overall office leasing activity hit a record 79 million square feet across India's top nine cities, with Bengaluru leading the charge, accounting for 28% of total absorption. Rahul Arora of JLL noted that India's office market ..

Read More
Next Story
Infrastructure Transport
13 Jan 2025

Mumbai Metro Lines 7 and 2A Achieve Full Operational Authorisation

Mumbai's metro network reached a significant milestone as the Chief Commissioner of Rail Safety (CCRS), New Delhi, granted safety certification for the regular operation of Metro Line 7 (Red Line) and Metro Line 2A (Yellow Line). This approval ensures compliance with all conditions from the provisional authorisation, enabling unrestricted operations at a full capacity speed of 80 kmph, up from temporary limits of 50-60 kmph. Operated by the Mumbai Metropolitan Region Development Authority (MMRDA), Metro Line 2A spans 18.6 km from Dahisar to DN Nagar with 17 stations, while Metro Line 7 covers ..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

Telangana Unveils Bold Vision for Economic and Sustainable Growth
ECONOMY & POLICY
13 Jan 2025

Telangana Unveils Bold Vision for Economic and Sustainable Growth

India’s Commercial Real Estate Booms Amid Surging Office Space Demand
Real Estate
13 Jan 2025

India’s Commercial Real Estate Booms Amid Surging Office Space Demand

Mumbai Metro Lines 7 and 2A Achieve Full Operational Authorisation
RAILWAYS & METRO RAIL
13 Jan 2025

Mumbai Metro Lines 7 and 2A Achieve Full Operational Authorisation

Andhra Pradesh to Host India’s First Private Semiconductor Fab
ECONOMY & POLICY
13 Jan 2025

Andhra Pradesh to Host India’s First Private Semiconductor Fab

Adani Group to Invest Rs 650 Billion in Chhattisgarh
ECONOMY & POLICY
13 Jan 2025

Adani Group to Invest Rs 650 Billion in Chhattisgarh

Rishikesh-Karnaprayag Rail Project Phase 1 to Be Ready by 2026
ROADS & HIGHWAYS
13 Jan 2025

Rishikesh-Karnaprayag Rail Project Phase 1 to Be Ready by 2026

PM Modi to Inaugurate Z-Morh Tunnel, Boosting Connectivity to Ladakh
ROADS & HIGHWAYS
13 Jan 2025

PM Modi to Inaugurate Z-Morh Tunnel, Boosting Connectivity to Ladakh

ONGC Launches Vendor Empanelment for Offshore Vessels
OIL & GAS
13 Jan 2025

ONGC Launches Vendor Empanelment for Offshore Vessels

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000