Revenue from house tax must be utilised for public: Residents | india | Hindustan Times
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Revenue from house tax must be utilised for public: Residents

india Updated: May 07, 2011 00:55 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The Municipal Corporation of Gurgaon (MCG) can generate Rs 350 crore by collecting house tax from seven wards in the New Gurgaon area and the money should be spent to provide better facilities to the people, residents welfare associations have said.

According to resident welfare group Gurgaon Citizens' Council (GCC), Rs 350crore which is 58% of the total annual budget of the MCG, can be collected from only seven wards (29-35) which include several posh colonies such as DLF City, Sushant Lok, Southcity and Huda Sectors.

Besides, Sector 29 and DLF Cybercity are the corporate hubs and could generate more revenue in the form of property tax.

“The potential revenue generation from the highly commercialised and affluent area falling under these wards is about Rs 350 crore, which is 58% of the total budget of the MCG,” the GCC president RS Rathee said.

"The area falling under Wards 29 to 35 is about 15,000 acres or 7.26 crore square yards. Private builders have been charging Rs 1 per square yard per month for maintenance. For an area of this magnitude, the total amount collected, and consequently spent in the form of maintenance charges by private developers is about Rs 87 crore annually," he said. However, the collection in the form of house tax from this area is Rs 350 crore.