Property tax collection in Kochi suburbs

Q: Hi..how much tax has been collected by Kochi suburbs..?? And what about Kochi corporation.?

Rajeev Narayanan, Kochi

13th March 2013

Property Tax in Kochi

kochi corporation

property tax collection

property tax in kochi

kochi suburbs

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Replies (5)

Hi what about the other three municipalities...?? How much collection they have made..??

Rituraj,

16th March 2013

Comment

Hello Rituraj..the Kalamassery municipality has collected Rs 8 crore this year as against Rs 6 crore in 2011-12 financial year showing 20 percent growth. It collected Rs 2.75 crore from recently opened Lulu Shopping Mall as property tax and is planning to collect Rs 8 crore as professional tax from the employees of the majall next year. The municipality is expecting to collect Rs 16 crore property tax in the next fiscal.

Jackie,

15th March 2013

Comment

Hi Rituraj..The real estate growth in these suburbs is a major advantage to the municipalities. Regardless of land availability, many commercial establishments are shifting to suburbs and contributing crores of rupees.

David Oomen Mathews, Kochi

15th March 2013

Comment

Hi Jackiee,,why the municipalities are able to collect so much tax..?? Ans how much Kalamassery municipality has collected..??

Rituraj,

14th March 2013

Comment

Hi Rajeev..the municipalities of Kalamassery, Thrikkakara, Tripunithura and Maradu are witnessing a major increase in tax collection.The municipalities are expecting a combined revenue of over 60 percent of the revenue of the Kochi corporation (Rs 60 crore).

Jackie,

14th March 2013

Comment