“They came and explained their point. So even though they will pay 1 per cent from now on, the earlier due because of the hike is being waived,” Mahender Nagpal, Leader of the House (north corporation), said.
The earlier rate, which was 0.7%, was revised by a hardship committee in 2004 to 1% by the unified Municipal Corporation of Delhi (MCD) on semi-kaccha as well as tukri garter buildings, but was never implemented.
However, many small and medium hotel owners in north Delhi had got notices to pay around Rs. 10-20 lakh in the form of property tax, citing nine year dues of the hiked portion along with fines and interest. These have now been waived off.