Latest Realty News

Be prepared to shell out more under property tax
May 10, 2014
NAGPUR: With municipal and general elections over, the BJP-led ruling alliance at the Nagpur Municipal Corporation (NMC) has resumed the process to implement the capital value-based property tax system. The property tax for residential properties will increase up to two times while it will be three times for commercial properties.
NMC fails to generate property tax bills
May 08, 2014
NAGPUR: Property taxpayers have been taken for a ride once again. The Nagpur Municipal Corporation (NMC) has failed to distribute the property tax bills by April end. The chances of distributing the bills by May end too is bleak. It will not only inconvenience property owners but will also deprive the cash-strapped civic body of much-needed revenue.
GHMC to Upgrade Handheld Tax Bill Issuing Machines
Mar 10, 2014
HYDERABAD: Greater Hyderabad Municipal Corporation (GHMC) has so far been using handheld machines for delivering property tax bills and collecting payments from the property owners. Currently there are 398 machines in use. To take complete leverage of existing devices and infrastructure, the GHMC has decided to expand the scope of the existing application to include more features to issue demand and make collection of other taxes.

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