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New ways of property tax collection in Kochi
Q: Is there any news on property tax collection? I want to know if there have been any new innovations in this process. Im a prospective homebuyer, and I want to stay updated because soon Ill have to start paying property tax




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Latest Answer: I heard from a source in the Town Planning dept of the corporation, that the implementation of this project will also bring forward all the existing buildings that are functioning without proper authorisation in Kochi city limits. I think it definitely affects us honest tax payers, because so far these buildings were not paying their property tax amounts, and the corporation was running out of funds, which obviously was harming us, despite us paying the taxes.
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Property Tax hike in Kochi?
Q: Hey is the hike in property tax really happening? I heard something otherwise a few days ago. Guys, please discuss. I’m planning to buy property in Kochi. I need the latest information on this





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Latest Answer: Yes the 20% property tax on residential apartments and the 90% on commercial buildings are currently being revised. I think this is happening because of noise that was created by the LDF members, who wanted this whole new regime abolished actually.
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Also see discussions for
Kochi Property Tax Property Tax in Kochi
Property Tax hike in Kochi?
Q: Hey is the hike in property tax really happening? I heard something otherwise a few days ago. Guys, please discuss. I’m planning to buy property in Kochi. I need the latest information on this

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Latest Answer: Yes the 20% property tax on residential apartments and the 90% on commercial buildings are currently being revised. I think this is happening because of noise that was created by the LDF members, who wanted this whole new regime abolished actually.
7 Replies
Reply


Also see discussions for
Kochi Property Tax Property Tax in Kochi
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