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Real Estate News in Tier II & III Cities

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  • Re : Real Estate News in Tier II & III Cities

    Kolhapur civic body collects Rs 37 crore property tax

    Read more at:
    https://realty.economictimes.indiati...y-tax/94069923



    Also, bwteen April 1 and September 6, the civic body has managed to collect around Rs 37 crore towards property tax — highest ever in the first six months of a financial year. The city has around 1.51 registered properties with the KMC.


    KOLHAPUR: The property tax concession scheme of the Kolhapur Municipal Corporation (KMC) has proved to a success as around 68,000 people have availed of the benefit.

    Also, bwteen April 1 and September 6, the civic body has managed to collect around Rs 37 crore towards property tax — highest ever in the first six months of a financial year. The city has around 1.51 registered properties with the KMC.

    Vijay Vankudre, property tax superintendent, said, “Around 45% of the tax payers have paid their annual tax amount and availed of the concession ranging between 4% and 6%. Those who pay their property tax dues between October and December will get a 2% rebate. During every financial year around 81,000 property owners avail the concession scheme till December 31. This time we are expecting to surpass this number.”

    The KMC is also trying to make citizens aware about the property tax concession scheme. The civic body is also resorting to issuing notices to big defaulters and attaching the properties of repeated defaulters.

    “Last financial year, we had collected around Rs 43 crore towards property tax. This time most of it has been collected within the first six months of the current fiscal. We have set a property tax collection target of Rs 80 crore for 2022-23,” he said .
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    • Re : Real Estate News in Tier II & III Cities

      Kolhapur's development plan delayed over lack of GIS mapping agency

      Read more at:
      https://realty.economictimes.indiati...gency/94054523



      As per section 38 of Maharashtra Regional Town Planning Act, the development plans of the cities should be revised once in 20 years so that the demands of the growing population can be met properly.


      KOLHAPUR: Two years have passed since the implementation of the development plan ended, but Kolhapur city does not have any revised development plan in place.

      The second revised development plan for Kolhapur city sanctioned in 2000 had implementation period till 2020. As per section 38 of Maharashtra Regional Town Planning Act, the development plans of the cities should be revised once in 20 years so that the demands of the growing population can be met properly.

      In 2017, then principal secretary of the urban development department of the state government had asked Kolhapur Municipal Corporation to start preparing the draft DP and get it approved before 2020. Usually, drafting of the DP is a complex process and requires two years to reach its implementation.

      The reason for the delay in the drafting of the DP is largely due to the delay in appointing a competent agency to carry out crucial stages such as preparing the base map, existing land use and proposed land use surveys and maps.

      Last Monday, the KMC tendered the work for the fifth time. The KMC authorities point to the state government for the delay, stating that the mandatory use of GIS (geographical information system) is causing the delay as the agencies bidding are not experienced in GIS use to accomplish the tasks at disposal.

      “We are expecting competent agencies to approach this time. Last time, inadequate number of agencies bid. Once, the agencies that bid did not have the experience to carry out the task,” said a senior town planning official, requesting anonymity.

      The state government has sanctioned 23 posts to draft the DP. However, only 10 posts have been filled and working under Dhananjay Khot, deputy director, DP Office, the office created to draft the DP.

      The first DP of the city was prepared in 1958.
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      • Re : Real Estate News in Tier II & III Cities

        Kolhapur administration asks land owners to give consent letters for acquisition

        Read more at:
        https://realty.economictimes.indiati...ition/94147118



        Even after three rounds of negotiations, the land owners from Mudshinge village, located a few kilometres from Kolhapur city, and the administration have not yet settled on the price.


        KOLHAPUR: The Kolhapur revenue administration has asked the land owners to furnish consent letters for land acquisition to expand the Kolhapur airport to ensure that the owners — mostly farmers — get a fair price for their land.

        Even after three rounds of negotiations, the land owners from Mudshinge village, located a few kilometres from Kolhapur city, and the administration have not yet settled on the price.

        The administration requires 25 hectare of land for the expansion of the runway and construction of the infrastructure. So far, the administration has received consent letters for only five hectare of land belonging to 113 owners.

        Vaibhav Navadkar, the sub-divisional officer in a statement, said, “The land owners should write the amount they expect for letting us acquire their land. They also have to provide consent letters. If they fail to do so, the acquisition may take place as per the Land Acquisition Act, 2013, and the owners may get 25% lesser than they expect to get from the negotiations. Once the negotiations are done, it is easy to acquire land at the earliest which is the need of the hour to ensure the airport functions at its full potential.”

        The land owners have to submit the consent letters and the price demand letter to the administration by September 16.

        Recently, civil aviation minister Jyotiraditya Scindia visited Kolhapur Airport. He asked the district administration to speed up the land acquisition process. District collector Rahul Rekhawar made the presentation on the progress in the land acquisition process.

        Land acquisition is critical to ensure that the existing roads are shifted and the utility lines are restored. Currently, the work of runway extension is underway along with the construction of the new terminal building, which according to the officials, will be ready by end of March next year.
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        • Re : Real Estate News in Tier II & III Cities

          Guwahati civic body to outsource property tax collection job

          Read more at:
          https://realty.economictimes.indiati...n-job/94327395



          This was revealed by urban affairs minister Ashok Singhal on Monday. He said about 40% of around 3 lakh households in the city do not pay taxes.


          GUWAHATI: The Guwahati Municipal Corporation (GMC) is mulling over outsourcing the task of collecting property tax to a private entity and has also floated tenders inviting bids for the same. This was revealed by urban affairs minister Ashok Singhal on Monday. He said about 40% of around 3 lakh households in the city do not pay taxes.

          Citing the examples of Jharkhand, Chhattisgarh and Bihar that have roped in private agencies for tax collection in municipal areas, Singhal said, “We have seen that the civic bodies in these states have accomplished the Herculean task of collecting taxes by outsourcing the job. GMC has also floated tenders with an aim to collect taxes, which will enhance the revenue of the corporation.”

          A GMC official said the civic body has been incurring heavy losses in revenue earnings owing to the non-payment of property taxes by the city residents, business establishments and other establishments.

          It sees poor revenue generation every year as many households do not pay property taxes. The civic body earned Rs 115 crore in revenue in 2021-22 financial year and Rs 109 crore in the 2020-21 fiscal.

          The official added, “GMC runs with the revenue it earns. The civic body earns around Rs 10 crore every month, which is far lower than what it should actually make. We need around Rs 10 crore alone to pay the salaries of our employees.”

          The civic body has identified more than 2.41 lakh property tax defaulters within its jurisdiction for the year 2021-22. It is also matching its taxpayers’ database with the consumers database of the Assam Power Distribution Company Limited (APDCL) to filter out the households that are not paying property taxes. Now, according to rules, electricity consumers must have a GMC property tax holding number.

          In 2014, the Ranchi Municipal Corporation (RMC) in Jharkhand had hired a private agency – Sparrow Softech — for the purpose of tax collection. The agency had deployed about 130 staff, including field officers and team leaders, for the same.
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          • Re : Real Estate News in Tier II & III Cities

            Haryana: Land acquired, paves way for AIIMS Rewari launch by PM Narendra Modi

            Bagish Jha / TNN / Updated: Sep 22, 2022, 07:15 IST


            GURUGRAM: The land finally with the Haryana government, the decks are now clear for Prime Minister Narendra Modi to lay the foundation stone for an All India Institute of Medical Sciences (AIIMS) at Majra in Haryana's Rewari. The new AIIMS will come up on 210 acres of land at a cost of Rs 1,300 crore, officials said.

            The land acquired by the government will soon be handed over to the Union health ministry, officials said. The hospital will have 750 beds and an out-patient department (OPD) that can cater to 1,500 patients daily. Apart from a medical and a nursing college, the campus will have a night shelter, doctors' quarters and a large auditorium.

            The dates for the inauguration, however, have not been fixed yet. The announcement for setting up an AIIMS in Rewari was made first by chief minister Manohar Lal Khattar in 2015 and then again by Modi at an election rally in Bawal in 2019, just before the Lok Sabha polls, but it had been delayed because of land acquisition issues.

            In fact, the delay in execution of the project led to the formation of AIIMS Sangharsh Samiti which organised a series of protests to mount pressure on the government for the same. "We are happy that the project is finally taking shape," Rajender Nimoth, spokesperson for the Samiti, said.

            Gurugram MP and Union minister Rao Inderjeet Singh, who has also been pursuing the project, said he's in touch with the PMO and will soon extend a personal invitation to Modi for laying the foundation stone. "The date will be finalised as per the convenience of the PM."

            Inderjeet on Wednesday met the farmers who have given their land for the project. "We thank the farmers of Majra for giving us their land for setting up a big health facility in Rewari. So far, we have 190 acres of land in our possession. All related formalities will be completed soon before handing over the land to the health ministry."

            People from Rewari, Mahendragarh, Bhiwani, Rohtak, Jhajjar, Mewat, Palwal, Faridabad and parts of Rajasthan will benefit from the construction of AIIMS in Majra. The project will also provide 3,000 direct and 10,000 indirect job opportunities. The residents of Majra village had offered to give land at the rate of Rs 40 lakh per acre for the project.

            In April 2021, the Haryana government allotted Rs 80 crore for the purchase of 150 acres for the project, as the government had 60 acres of panchayat land.

            The process to buy land from farmers started in July. So far, the government has purchased around 130 acres of land and is in the process to acquire another 20 acres.









            Haryana: Land acquired, paves way for AIIMS Rewari launch by PM Narendra Modi | Gurgaon News - Times of India (indiatimes.com)
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