Tag: Ghaziabad property tax

IndustryLatest Stories

Ghaziabad Council Ends Protest, Avoids Property Tax Notice

GHAZIABAD: After receiving assurances from the municipal commissioner, councillors have ended their sit-in protest concerning property tax issues. According to a GMC official, the problematic auto-generated property tax bills, which have been issued at inflated rates, will be halted. Furthermore, a 20% rebate on property tax will be available to consumers until September 30. The current conflict arose from the GMC officials’ previous refusal to share the minutes of the June 30 board meeting, which were a point of contention. Councillor Neeraj Goyal mentioned, “In light of the ongoing Kanwar Yatra, we decided to call off the protest. The municipal…

IndustryLatest Stories

Ghaziabad DM Orders Review of Circle Rates Amid Tax Dispute

AI-generated Representative Image GHAZIABAD: Property prices in Ghaziabad may be set for another rise, as the district administration has begun a review of circle rates, potentially leading to adjustments later this year. District Magistrate Deepak Meena has instructed the stamp and registration department to perform a detailed analysis of government-notified land values, which are used to determine stamp duty. The findings are expected to be submitted within 15 working days. During a review meeting on Friday, Meena emphasized, “The survey needs to thoroughly evaluate all key factors affecting prices in residential, commercial, and agricultural areas. Any revisions will be based…

Latest StoriesRegulatory

Ghaziabad Reverses Property Tax Increase

GHAZIABAD: The Ghaziabad Municipal Corporation (GMC) board has repealed its earlier decision to increase property tax in the city. The new tax structure, which took effect on April 1 this year, faced significant backlash from Resident Welfare Associations (RWAs) and business groups, prompting councillors to urge the board to reconsider its stance. Mayor Sunita Dayal convened a special board meeting to address the matter. Following a spirited discussion, the board ultimately decided to rescind the tax hike. Notable figures in attendance included Ghaziabad MP Atul Garg and MLAs Sunil Sharma, Sanjeev Sharma, and Ajitpal Tyagi. Dayal stated, “The increased property…