PMC calls for Lok Adalat to settle property tax disputes in Pune
Real Estate

PMC calls for Lok Adalat to settle property tax disputes in Pune

The Pune Municipal Corporation (PMC) has convened a Lok Adalat to settle long-standing property tax disputes. On September 25, it will be held.

According to Hemant Rasane, the chairman of the standing committee, this alternative dispute resolution mechanism will resolve up to 500 cases.

If the tax defaulter agrees to pay the dues, the civic body will offer a 50% discount on the penalty, he said. He claims that the pending tax cases in Lok Adalat can bring in Rs 52 crore for PMC.

PMC officials have said that property tax collection by the civic body has surpassed Rs 1,000 crore on Friday, nearly Rs 211 crore higher than the same period the previous financial year.

Owners of 6.26 lakh properties paid the tax between April 1 and August 27 this year, according to PMC figures. Property taxes are assessed based on the annual rateable value of the property, said the officials. The municipal government provides two tax payment options.

They include both offline and online activities. The main sources of revenue for PMC were octroi and local body tax.

Since their abolition, property taxes have provided the civic body with the most revenue. This tax brings in around Rs 14,000 crore to Rs 16,000 crore per year for PMC.

Image Source


Also read: UP National Lok Adalat: UP RERA disposes 79 cases

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

The Pune Municipal Corporation (PMC) has convened a Lok Adalat to settle long-standing property tax disputes. On September 25, it will be held. According to Hemant Rasane, the chairman of the standing committee, this alternative dispute resolution mechanism will resolve up to 500 cases. If the tax defaulter agrees to pay the dues, the civic body will offer a 50% discount on the penalty, he said. He claims that the pending tax cases in Lok Adalat can bring in Rs 52 crore for PMC. PMC officials have said that property tax collection by the civic body has surpassed Rs 1,000 crore on Friday, nearly Rs 211 crore higher than the same period the previous financial year. Owners of 6.26 lakh properties paid the tax between April 1 and August 27 this year, according to PMC figures. Property taxes are assessed based on the annual rateable value of the property, said the officials. The municipal government provides two tax payment options. They include both offline and online activities. The main sources of revenue for PMC were octroi and local body tax. Since their abolition, property taxes have provided the civic body with the most revenue. This tax brings in around Rs 14,000 crore to Rs 16,000 crore per year for PMC. Image Source Also read: UP National Lok Adalat: UP RERA disposes 79 cases

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

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