Up to 50% rebate on property tax | gurgaon | Hindustan Times
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Up to 50% rebate on property tax

gurgaon Updated: Mar 14, 2013 01:51 IST
HT Correspondent

In a major relief to lakhs of house owners, the Municipal Corporation of Gurgaon (MCG) on Wednesday decided to give upto 50% rebate on property tax.

Those owning plots measuring 250 sqyd to 300 sqyd can avail 50% rebate and the owners of plots measuring 350-500 sqyd will be given 40% rebate. Those having plots bigger than 500 sqyd will get a rebate of 30%. This was decided at the MCG house meeting on Wednesday.

According to MCG mayor Vimal Yadav, the corporation took the step of lowering the tax rate keeping in mind the rising cost of living in the city.

The rebate will entail that instead of R1 per sqyd, property owners will now pay only R50 paise per sqyd.

Since 2008, when the civic body came into being, more than R600 crore house tax has been due on the residents and the MCG has been struggling to recover the money, which is its major source of revenue.

Many residents of the new Gurgaon areas have refused to pay the house tax, saying that their colonies have been developed by private developers who have already been charging maintenance charges from flat owners.

MCG had earlier proposed to link the payment of property tax with fire NOCs (no-objection certificates) and trade licences.

MCG to build FOBs, bus queue shelters
The MCG has decided to construct foot-over-bridges (FOBs) and flyovers on the build-operate-transfer model.

FOBs are proposed at Bus Stand, Dundahera Road, Old Delhi Road, Maruti plant-Palam Vihar T-junction, Shankar Chwok, Galleria Market, Badshahpur, Subhash Chowk, Civil Hospital, and Iffco Chowk Metro station.

Besides, 122 bus queue shelters are proposed to be set up in the city.