#RealtyNewsRoundup: Bengaluru MC To Get Its Property Tax Records Audited
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Realty News Roundup is PropGuide's selection of top stories from the real estate sector.
To maximise property tax collection in the city, the Bruhat Bengaluru Mahanagare Palike (BBMP) will get its property tax records audited. Last year, the civic body could not meet its property tax target of Rs 2,456 crore from nearly 15 lakh properties. Its property tax collection in 2015-16 was mere Rs 1,900 crore. Read more.
Goa Chief Minister Laxmikant Parsekar said that 90 per cent of the constructions in the state were illegal. The chief minister added that the state government would soon bring a legislation to regularise these structures. Read more.
In Kolkata, the residents of Salt Lake will be allowed to use residential buildings for commercial purposes only if they clear all their property tax dues. In 2013, the urban development department in the state had allowed commercial use of residential buildings for 60 pollution-free and non-hazardous businesses. Read more.
Maharashtra's Pune will appoint seven consultants to advise a special purpose vehicle associated with the Pune Municipal Corporation on the city's civic issues. These general consultants will give advice on civic issues such as sanitation, water supply, public transport, drainage, garbage and traffic. Read more.