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HomeNewsReal EstateFebruary 20 deadline for property taxpayers to file objections-NMC

February 20 deadline for property taxpayers to file objections-NMC

NMC will continue with the property tax as is, if property owners do not take objections. Moreover, the property owners have to pay all their property tax dues by March 31 before filing objections.

The Nashik Municipal Corporation (NMC) has set a deadline of February 20 for over 5 lakh taxpayers to register their objections about various details related to their properties.

NMC has put on display the property registers in each of the six divisional offices. The taxpayers may confirm the details in the property registers to ensure whether the assessment of their properties is right, name of owner & address of properties, correction in names of the owners of the properties (if needed), rise or drop in property tax, change in use in the properties etc.

NMC will continue with the property tax as is, if property owners do not take objections. Moreover, the property owners have to pay all their property tax dues by March 31 before filing objections.

During the recent survey, NMC found 1.27 lakh properties, both residential and commercial, for carrying out additional constructions without permission from the civic body. The property owners concerned will have to file objections about the new assessment and the property tax after their total areas.

But if the civic body is not convinced with their arguments, additional property tax will be levied. This would enable the NMC to collect Rs 25 crore from these additional constructions.

The civic body has issued a public notice in this connection, appealing to all the property owners to register their objections about the details of their properties in the property register.

The civic administration is taking such measures to increase NMC’s revenue following the Centre’s guidelines. The civic body is looking at about 25% growth in property tax revenue during the financial year 2023-24.

NMC has 5.25 lakh property taxpayers on its records across six divisions.

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