Friday, April 26, 2024
HomeNewsReal EstateChandigarh civic body seals three commercial properties

Chandigarh civic body seals three commercial properties

With the parties concerned ignoring repeated messages, the MC was left with no option but to seal the buildings after completing the legal exercise on Monday.

Taking action against commercial property tax defaulters, the Chandigarh Municipal Corporation sealed three commercial properties in Sector 47 on Monday. The action has been taken against defaulters for failing to pay tax despite repeated sealing notices.

Sources said that these commercial properties had to pay property tax between Rs 50,000 to Rs 80,000. With the parties concerned ignoring repeated messages, the MC was left with no option but to seal the buildings after completing the legal exercise on Monday.

“Although the amount was not much, but the defaulters were not taking it seriously and they did not pay despite multiple chances. This did not leave any option with the authority but to seal all four commercial properties of the area,” sources said.

Since property tax from commercial properties accounts for a considerable share of property tax, the authority is focusing on recoveries on this front. “Although recovery notices are being sent to tax defaulters of residential properties too, but sealing notices are being sent to commercial properties as the authority cannot seal houses. Moreover, commercial properties account for the maximum amount,” sources said.

Chandigarh Municipal Corporation has set a target of Rs 80 crore revenue from property tax in the current financial year (2022-2023) starting from April 1. The amount includes arrears pending with different departments and authorities.

RELATED ARTICLES

Most Popular

Hot News