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Top News In Roperty Tax In Nagpur Today - Breaking & Trending Today

50% Owners Default On Property Tax, Scrape Cash-Strapped NMC Coffers, ET RealEstate

Nagpur Municipal Corporation (NMC) data reveals that 50% of property owners in Nagpur have defaulted on their property tax, leading to a significant shortfall in revenue. The total unpaid taxes amount to 140.93 crore, with most defaulters owing less than 10,000. Explore the impact of tax defaults on NMC s financial health and the initiatives taken to improve tax collection. ....

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Rainwater Harvesting: Only 1,363 Properties in Nagpur Harvest Rainwater to Boost Groundwater, ET RealEstate

Out of 7.05 lakh properties in Nagpur, only 1,363 have adopted rainwater harvesting to boost groundwater. The Nagpur Municipal Corporation offers a 5% rebate in property tax for eco-friendly initiatives like RWH, solar energy use, wastewater recycling, and vermicomposting. ....

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Property Tax Defaulters Owe 400 Crore+ to NMC Nagpur: Extensive Recovery Drive Launched, ET RealEstate

Property tax defaulters owe 400 crore+ to NMC Nagpur. The municipal administration has launched an extensive recovery drive in the city due to paucity of funds and default in property tax payments. The NMC aims to earn Rs 300 crore in property taxes for the current financial year. ....

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₹28l Nmc Tax Default: 5 Properties Attached, Real Estate News, ET RealEstate

On Friday, Mangalwari zone of NMC led by assistant municipal commissioner Prakash Warade issued seizure warrants against 15 property tax defaulters. ....

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Hosps, Hotels On List Of Tax Defaulters, Real Estate News, ET RealEstate

Private hospitals, which have faced brickbats over misuse of parking spaces leading to chaos on several city roads, top the list of defaulters. As many 722 hospitals owe the corporation Rs27.29 crore in all. ....

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