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November 21, 2024 5:58 PM

Commercial Property

Pimpri Chinchwad lags behind Property tax target for the fiscal Year 2018-19

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Pimpri Chinchwad Development
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The Pimpri Chinchwad civic body lagged behind to meet its annual target of property tax collection. The Municipal Corporation had a task to collect Rs. 73 crore in the last two days of the financial year 2018-19 to reach the property tax collection target of Rs. 525 crore.

Pravin Ashtikar, Assistant Commissioner of Pimpri Chinchwad Municipal Corporation (PCMC) said that the civic body collected Rs. 452 crore till 29th March from 3.07 lakh property holders.

One of the PCMC officials said that there are 5.08 lakh registered properties in the area and approximately 1.19 lakh property holders paid tax that totals to Rs. 101 crore in cash. Other 38,500 property holders paid Rs 139 crore as a tax.

While elaborating the reasons for an increased property tax, Assistant Commissioner said that the Pimpri Chinchwad Municipal Corporation sent notices to 80,000 properties owners who are due to pay arrears of more than Rs 5,000. It is mandatory for the tax defaulters to clear the outstanding arrears within 15 days or their properties would be seized. Each of the department’s 16 divisional offices formed teams to carry out the sealing drive in case the arrears are not paid. However most of the defaulters cleared the dues.

Earlier in February 2019, The Pimpri Chinchwad Municipal Corporation in its draft budget proposed a single window system to sanction building plans.

Sharvan Hardikar, Municipal commissioner informed that the projects related to water pipelines, water recycling, solid waste management, parking and mobility will be taken for development under the Smart city projects. He also said that stringent actions will be taken against people with illegal water connections and informed that nearly 12MW electricity can be generated through household garbage.

Apart from this, Cycle tracks and wide footpaths are also planned to be developed on the main roads.

He also said that work will be completed in a phased manner to develop Pavana and Indrayani riverfronts. Adding to the same he told that an estimated cost of Rs. 52.63 crores will be incurred to develop roads from Panjarpol to Lohegaon.

Nisha Shiwani hails from the pink city of Jaipur and is a prolific writer. She loves to write on Real Estate/Property, Automobiles, Education, Finance and about the latest developments in the Technology space.

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