News
Homeowners in Gurgaon may have to pay more property tax


Homeowners in Gurgaon may have to shell out more property tax as the local Municipal Corporation is firm on its inability to take up private colonies and HUDA sectors for maintenance with the current levies.
According to a media report, after abruptly announcing in February that MCG would take over upkeep of some private colonies in the city, the state Government last month decided to transfer all HUDA Sectors across the state to municipal corporations for maintenance. But the corporations, including MCG, have a resource crunch and are looking for additional funds for their new responsibilites.
The report said MCG has made it clear that it will not be able to maintain these areas with property tax alone and has asked the Haryana Government for permission to collect maintenance fees as well.
According to sources quoted in a newspaper report, Chief Minister Manohar Lal Khattar has asked the urban local bodies department to see if the property tax can be revised in order to ensure that funds are generated. If and when affected, the property tax will go up across the state of Haryana.
The increased charges should be enough to cover maintenance of colonies that will get transferred to MCG eventually; Khattar is reported to have told officials.
The CM had announced on February 5 that DLF Phases 1-3, Sushant Lok-1 and Palam Vihar would be brought under MCG’s purview.
-
News4 weeks ago
Nisus Finance, Phoenix ARC invest Rs 95 Cr in a commercial project in Ahmedabad
-
News4 weeks ago
Coworking Drives Commercial Real Estate Through Turbulent Times
-
News4 weeks ago
Real estate sector expected to expand to $5.8 trn by 2047: Knight Frank-NAREDCO
-
News4 weeks ago
Concorde Announces Residential Expansion Plan with Rs 1200 Cr Investment
-
News4 weeks ago
H&UA Minister inaugurates conference on ‘Adoption of New and Emerging Building Materials and Technologies in Construction Industry’
-
News3 weeks ago
The Office Pass (TOP) to triple its Co-working Office Capacity with expansion in Gurugram
-
News1 week ago
ASK Property Fund To Invest ₹225 cr in Pune
-
News4 weeks ago
Office gross leasing in Top 6 Cities to close at 40-45 mn sq ft in 2023: Colliers