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NMC passes resolution to exempt tax to properties up to 500 sq ft

The Nagpur Municipal Corporation’s (NMC) property tax consultative committee on Tuesday passed a resolution demanding exemption of property tax for residential properties up to 500 sq ft in the city on the lines of Brihanmumbai Municipal Corporation.

The resolution of the committee will be tabled before the standing committee followed by general body and state government.

The committee headed by Mahendra Dhanvijay said the government has taken a decision to extend the benefit to properties situated in Mumbai a couple of days ago. “It is a good decision and will benefit poor people. Similar decision should also be taken for the city,” the committee said.

A couple of days ago, chief minister Uddhav Thackeray had announced BMC will exempt property tax to houses upto 500 sq ft. The state’s urban development department had stated it will be implemented from April 1. Around 16.14 lakh residential properties are likely to get relief of Rs462 crore from Thackeray’s decision.

Immediately after the decision, three legislators from the city — Congress city president Vikas Thakre, BJP city president Pravin Datke, and Krishna Khopde requested the CM to extend the benefit to entire state.


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