Latest Realty News

Chennai Corporation collects Rs 480 crore as property tax
Apr 03, 2014
CHENNAI: Chennai Corporation's property tax collection for 2013-14 crossed Rs 480 crore, the highest ever, corporation officials said on Tuesday.
Malls, star hotels, govt among major property tax defaulters
Mar 31, 2014
CHENNAI: Corporation of Chennai has been falling short of its property tax targets for several years. While officials say the total arrears amount to around 250 crore, data accessed by TOI through an RTI application shows that more than 55 crore is due from the top 50 private defaulters. According to records, Chennai's oldest mall, Spencer Plaza, spread over 10 acres on Anna Salai, owes the most at 8.10 crore.
Poll priorities: Amma canteens, Aadhaar cards keep them busy
Mar 31, 2014
CHENNAI: Buying rice and curd can take much of someone's time, according to corporation officials. The reason for the poor record of the civic body in collecting property tax is that revenue staff are spending much of their time procuring provisions for the expanding Amma canteens, they say.
Now, Pay Your Taxes, Utility Bills at e-Service Centres
Mar 25, 2014
CHENNAI: Chief Minister J Jayalalithaa has inaugurated the first phase of a pilot project to set up a single window system for the payment of a number of taxes, fees and public utility bills.
Corporation of Chennai off tax target, infra spend may be hit
Jan 14, 2014
CHENNAI: Cash-strapped Corporation of Chennai doesn't have the funds to pay the salaries of contract workers but it is set to fall short of its property tax revenue target for a second successive year.

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