NDMC issues 3,200 notices to property tax defaulters, Real Estate News, ET RealEstate

February 18, 2025
1 min read
NDMC issues 3,200 notices to property tax defaulters, Real Estate News, ET RealEstate


118374197

NEW DELHI: The New Delhi Municipal Council (NDMC) identified around 3,200 defaulters who did not pay property tax amounting to about Rs 200 crore in the last three years (post-Covid) and served them notices. This initiative is part of efforts to enhance property tax collection during the current financial year. NDMC aims to collect Rs 1,150 crore from property tax in 2024-25, compared to Rs 1,030 crore collected in 2023-24.

“With data available for the past three years across all categories, we decided to assess property status and identify defaulters. It was found that at least 3,200 taxpayers have not paid their taxes for three consecutive years despite repeated notices. As a result, we have served them reminders and show-cause notices, urging them to pay their legitimate dues immediately, or face coercive action,” said an NDMC official.

Under NDMC regulations, a 30-day show cause notice is issued to defaulters, followed by additional reminders. If there is no response or payment within the 30-day period, the council may take action, such as property attachment, sealing, or account attachment.

“We recently served show cause notices to about 380 taxpayers, offering them a 30-day period to make payments and avoid further action. These cases involved taxpayers who raised objections to the ex-parte property tax assessments made by NDMC over previous years. After reviewing their objections and rectifying the assessments, revised demands were raised. However, these 380 taxpayers still failed to make payments, prompting us to take action,” the official added.

“We can withdraw the revised assessment details and take other actions if they fail to reply or pay dues in 30 days,” stated the official.

NDMC oversees about 15,600 properties in its jurisdiction, including approximately 1,600 govt properties and around 14,000 private ones. Of these, 1,000 properties are exempt from taxation. As of mid-Feb 2024-25, Rs 735 crore has been collected from 9,600 taxable properties, with the tax submission deadline for the financial year set for Mar 31. Unlike the MCD, where taxpayers conduct self-assessments, NDMC’s department calculates taxes based on property records and ground surveys.

Taxpayers are invited to review the assessment list and raise objections either online or in person. If objections are raised, a revised assessment is carried out based on the facts submitted. To support taxpayers, NDMC is organising meetings with market associations, RWAs, and government agencies, and is sending property tax inspectors to residential areas for on-site collection. The council is also addressing outstanding payments, especially for government agencies where dues have been pending for an extended period.

  • Published On Feb 19, 2025 at 09:14 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App
realty barcode



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

Valor Estate plans business realignment with non-core divestment, hospitality demerger, ET RealEstate
Previous Story

Valor Estate plans business realignment with non-core divestment, hospitality demerger, ET RealEstate

Mohali DC to residents, ET RealEstate
Next Story

Mohali DC to residents, ET RealEstate

Latest from Blog