« | Home | »

Nagpur civic body to levy triple tax on buildings without OC

Comments Off on Nagpur civic body to levy triple tax on buildings without OC   |   March 24, 2020    08:13pm   |Contributed by Indian Realty News

The Nagpur Municipal Corporation (NMC) has proposed a penalty of threefold property tax on residential structures lacking the Occupancy Certificate (OC).

As the Nagpur Municipal Corporation (NMC) plans to levy threefold property tax on residential structures lacking the Occupancy Certificates (OCs), it may affect as many as 90 percent of the buildings in the city.

Tukaram Mundhe, Commissioner, NMC, avers that the occupancy certificate is mandatory as per the building byelaws stated under the Maharashtra Regional and Town Planning (MRTP) Act, 1966. Therefore, all the building owners should obtain OC to avoid penalties. Nagpur has around 3,000 buildings that were served notices under the MRTP Act, but penalties were not levied until now.

However, lately, the State government has issued orders to all urban local bodies to recover triple property tax on unauthorised constructions developed in the last eight years.

Criticising the move, experts have opined that instead of penalising owners, the corporation should organise special camps and regularise unauthorised structures in the compounding scheme and then compel developers to pay charges for not obtaining required documents.

News Published Under:   Real Estate India | Comments Off on Nagpur civic body to levy triple tax on buildings without OC