Over 1.4 lakh buildings in newly 11 merged villages in Pune to pay property tax

By Accommodation Times Bureau PUNE Newly 11 merged villages which have over 1.42 lakh properties, including commercial and residential buildings, will now pay property tax from this April to Pune Municipal Corporation (PMC). The standing committee approved to impose property tax in the outskirts areas on Thursday. The property owners are liable for

PMC: Pune civic body to seal belongings of property tax defaulters

By Accommodation Times Bureau PUNE The Civic body of Pune has directed the owners of commercial establishments having property tax dues to pay the arrears at the earliest, or else it would be sealed. In the past two weeks, the property tax department has sealed properties and collected Rs4.5 crore tax dues from establishments.

Property Tax Burst from Unification Will Make Pune Civic Body Prosper

By Accommodation Times Bureau The unification of villages into Pune Municipal Corporation (PMC) limits is going to make the civic body rich and prosper. If recovered properly, property tax from these villages alone would add Rs 15 crore to PMC’s chests per annum. In July, the state had accepted the merger of Uruli-Devachi and Phursungi with PMC, along with the complete fusion

Citizens of Pune can get a relief in property tax next fiscal

        By Accommodation Times News Service Chances are that citizens will not be burdened with an increase in property tax in the next financial year. The civic administration has submitted a proposal to the standing committee, suggesting that the levy should not be hiked. Property tax is one of the main sources of

1 per cent hike on property transactions in MMR and Pune

By Accommodation Times News Services Pune and Mumbai Metropolitan Region (MMR) is going to witness 1 per cent hike on property transactions. The state government has taken this decision in order to fund the city’s major urban transportation and infrastructure projects like Metro and Monorail corridors construction. A senior state official said

Pune Municipal Corporation conducts property survey

By Accommodation Times News Service The Pimpri Chinchwad Municipal Corporation will start a survey of the properties within the municipal limitations from September 1. Basically this survey is to conduct whether the property owners are paying tax on time; it will also check if the household drainage lines are connected to

No reduction of property tax discount: PUNE

By Accommodation Times News Service The standing committee of the Pune Municipal Corporation (PMC) has decided to postpone the reduction in property tax discount. The civic administration has proposed 5% reduction in tax discount to the citizens. The committee said, the citizens who pay the property tax before May 31 get

Property Rates in Pune

PROPERTY RATES Approximate selling price per sq.ft. rates in rupees (builtup/super builtup area) of Residential and Commercial (including Shopping) in Pune updated upto 14th February 2017. Rates may be more by 50 to 100 % depending on  location, amenities, etc. These rates are not applicable in slum areas and public premises where  the rates

Pune Municipal Corporation Okays hike in property tax

By Accommodation Times News Service The general body of the Pune Municipal Corporation on 11th February has approved a 6% increase in property tax putting an additional burden on the citizens. The PMC is expecting to mop up additional revenue of Rs 40 crore from the increase in tax.  The civic