CHENNAI: In an exciting development for property owners, the Tambaram City Municipal Corporation (TCMC) has reduced fees for property tax name changes and standardized charges from January onwards.
Previously, fees were based on the property’s market value, leading residents to pay between ₹15,000 and ₹40,000 depending on their property’s size and value. Going forward, a flat fee of ₹500 will apply for residential properties, while non-residential or commercial properties will incur a charge of ₹1,000.
“Greater Chennai Corporation (GCC) charges only ₹500 for property name transfers. Tambaram’s decision to adopt a similar model will significantly lower costs for property buyers within the corporation limits,” remarked C. Murugaiyan, secretary of the Federation of Civic and Welfare Associations of Tambaram.
According to Tambaram Corporation revenue officer Suresh Kumar, this fee revision follows a government order. “As per the revised Tamil Nadu Urban Local Bodies rules, the government has standardized the fee for property tax name transfers. This will be implemented statewide from January,” he stated.
Resident V.S. Jayaraman from Chromepet shared, “Many residents faced hefty charges for name transfers. In my case, after receiving a new assessment number, the officials demanded I pay a revised half-yearly tax of ₹4,760 instead of the previous ₹414.” He added that residents were informed that earlier dues would be waived, but the abrupt changes caused confusion.
