Tag: Ghaziabad property tax

Latest StoriesRegulatory

One Lakh Ghaziabad Property Owners Still Haven’t Paid Tax

GHAZIABAD: The Ghaziabad Municipal Corporation reported a collection of ₹305 crore in property tax for the fiscal year 2025-26, falling short by ₹35 crore compared to the previous year. This discrepancy has left over 100,000 residents unclear about their tax liabilities due to a dispute regarding a rate increase. A revised tax structure was implemented on April 1 of the previous year, intending to synchronize property tax rates with the district magistrate’s circle rate. As a result, the maximum property tax increased to ₹4 per square foot, up from ₹2.4, while the minimum slightly decreased from ₹1.6 to ₹1.3 per…

Latest StoriesResidential

Ghaziabad Residents Face 12% Penalty Fear Over Tax Dues

NOIDA: As the current financial year approaches its end, consumers are facing confusion regarding property tax obligations. Mayor Sunita Dayal claims the recent property tax hike has been reversed, while officials from the GMC assert that no such decision has been made. The mayor’s office insists that property taxes will return to their pre-April 1, 2025 levels. Meanwhile, consumers who have not settled their taxes are worried about facing a 12% penalty on their outstanding property tax dues after March 31. Raj Shekhar, a resident of Kavinagar, expressed frustration, stating, “This issue has been ongoing for a year. The mayor…

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…

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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…