Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

What is the property tax issue in Nashik?

Q: Hi, I heard that some issue is there with the Property tax dept and NMC.. any updates on it?
Reply

Replies (5)
1
Hi all, the Corporation collects a property tax of Rs 4.40 to Rs 4.45 per square metre from industries and Rs 11 per sq metre is calculated from business houses. It charges Rs 22 per sq metre for hotels, but it is collecting less amount from some of the hotels..
Puneet Laskar


2
NMC collects property taxes from the residents, industries and shops and the tax has been classified into residential and non-residential. There is further difference in case of non-residential properties. The industrial estates under the Maharashtra Industrial Development Corporation (MIDC), especially Satpur and Ambad which comes under the NMC limits, are levied different value. I have no idea how much tax is levied on the properties..
Aneek Das


3
How is such things happening in the city.. Doesnt the NMC has a proper system of collecting tax? How will it charge taxes usually?
Deepankar Godbole


4
The municipal commissioner said that the process of computerising records of all the properties and giving code numbers has already been started which will help in a systematic assessment of properties.
Kaushik Bardia


5
An opposition leader, Sudhakar Badgujar, had claimed that the deputy commissioner (taxes) has selectively waived property tax worth Rs 2 crore for a construction firm and Rs 6 lakh for a hotel. NMC asked the property tax department to conduct a probe on the issue and submit the details at the next general body meeting.
Suresh


6

Ask a Question
120 Characters Left











    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!