Properties in newly-merged villages in PMC to attract tax

Properties in newly-merged villages in PMC to attract tax

Pune: The Standing Committee of Pune Municipal Corporation (PMC) has approved a proposal for allowing property tax department of the civic body to collect property tax from properties located at 11 newly-merged villages in PMC recently.

The property tax will be charged on these properties as per their year of construction. This property tax rates will be applicable to all residential as well as non-residential structures except open plots in the areas.

These villages include parts of Lohegaon, Mundhwa, remaining Keshvanagar, part of Hadapsar, Sadesatranali, Shivane, Uttamnagar, Ambegaon Khurd, Undri, Dhayri, Ambegaon Budruk, Phursungi, Urali Devachi, which have been merged recently in PMC area. The properties from these villages will attract property tax from FY 2018-19.

As per the proposal, if slums and tin-sheds are being used as dwelling units, they will be charged with 30 paise per square feet rates whereas non-residential structures will be charged 60 paise per square feet and old structures will attract property tax of 50 paise per square feet and Re 1 per square feet will be charged for non-residential structures. For RCC or load bearing structures, there will be Re 1 for residential and Rs 2 for non-residential use.

Since the rate of property tax will be based on the year of construction, there will be difference in the tax rates in the same area. For all residential buildings, there will be maximum of Rs 1.25 per square feet and maximum tax of Rs 4.5 will be charged on non-residential buildings. The 8-A register of these villages will be uploaded on PMC’s computerised tax system. “Once the process is over, the actual tax collection will start,” said Standing Committee Chairman Murlidhar Mohal.

Enjoyed reading The Bridge Chronicle?
Your support motivates us to do better. Follow us on Facebook, Instagram and Twitter to stay updated with the latest stories.
You can also read on the go with our Android and iOS mobile app.

Related Stories

No stories found.
logo
The Bridge Chronicle
www.thebridgechronicle.com