Tag: Ghaziabad

Latest StoriesRegulatory

Ghaziabad Falls Short of FY26 Stamp Duty Target by 14%

GHAZIABAD: The stamp and registration department concluded the fiscal year 2025-26 with a remarkable revenue collection of ₹2,963 crore, achieving 86% of its annual target of ₹3,480 crore. This marked a year-on-year growth of approximately 3.75%, with collections increasing by ₹107 crore from ₹2,856 crore in the previous financial year. According to officials, the Modinagar sub-registrar office (SRO) was the top contributor, generating ₹208 crore from sale deeds associated with a new industrial township developed by UPSIDA. This SRO accomplished 106% of its ₹196 crore target. Substantial housing and commercial development plans from various agencies in the district have contributed…

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42 Ghaziabad Buildings, Including Hospitals, Violate Fire Safety

GHAZIABAD: The fire department has identified 42 buildings, which include residences, hospitals, and hotels, as ‘unsafe’ for failing to meet fire safety regulations. Following inspections between 2017 and 2026, the department discovered that approximately 51 buildings were non-compliant with safety standards. A report was submitted to the district court, leading to legal proceedings against these establishments. To date, only nine have upgraded their fire safety systems, which the fire department has approved. Chief Fire Officer (CFO) Rahul Pal stated that regular inspections are conducted to ensure compliance. “When irregularities are detected, we issue notices and provide a stipulated timeframe for…

Latest StoriesRegulatory

Ghaziabad Forum Orders Builders to Refund Buyer ₹7 Lakh

GHAZIABAD: The District Consumer Disputes Redressal Commission has ordered two real estate developers to refund a total of ₹7 lakh, plus interest, to a homebuyer. This ruling was made after the buyer did not receive possession of a flat booked back in 2008 due to significant project delays. The commission has also imposed a ₹10,000 penalty on each developer—Ghaziabad-based M/s Shreya Developwell Private Limited and Delhi-based M/s Sangwan Heights Private Limited—requiring compliance within 30 days. The ruling, delivered on April 17 by Commission President Anil Kumar Pundir and members Shailja Sachan and RP Singh, stems from a complaint filed by…

Latest StoriesRegulatory

Ghaziabad Reduces Property Tax Rates by Up to 40%

GHAZIABAD: On Saturday, the Ghaziabad Municipal Corporation (GMC) approved a 35-40% reduction in property tax rates, resolving a year-long impasse after the UP government introduced revised tax slabs. The GMC’s executive committee approved the resolution, which will lower the maximum tax from ₹4 to ₹3.40 per square foot, effective from April 15. This rollback follows months of protests from residents and political tensions, especially as the upcoming assembly elections loom. The state government’s formal directive provided the necessary intervention to resolve the deadlock between elected officials and the civic body regarding the earlier tax hike. Under the new structure, property…

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Ghaziabad Mandates Tree Planting for New Plot Approvals

GHAZIABAD: The Ghaziabad Development Authority has introduced a new regulation making tree planting mandatory based on plot size to enhance the city’s green cover. This rule, effective from April 1, stipulates that no approval will be granted without a map that designates areas for planting. The Authority has implemented a security deposit system, which will be refunded if officials are satisfied with the tree planting on the respective plots. An official stated that for every 100 sqm of land, two trees are required, and these must be clearly marked on the submitted map. For commercial and industrial plots, two trees…

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Ghaziabad: GDA Requires Rooftop Solar Panels in Building Maps

Representative Image GHAZIABAD: The Ghaziabad Development Authority has mandated that developers and property owners allocate space for rooftop solar panel installations in building plans submitted for approval. Officials have stated that any maps not in compliance will be rejected immediately. As part of the PM Surya Ghar scheme, applicants are also required to pay a refundable fee upon map approval, which will be returned once installation is confirmed during an inspection. The fee structure is based on plot size: Rs 20,000 for plots between 200 and 500 square meters, Rs 50,000 for plots ranging from 500 to 1,000 square meters,…

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GDA Hikes Fees: Builders Warn Buyers Will Suffer

GHAZIABAD: Following directives from the state government, the Ghaziabad Development Authority (GDA) has announced an increase in various fees. Effective from April 1, there will be an average increase of 4% in development fees, building permit charges, and mandatory inspection fees for this financial year. The GDA stated that these revisions are in line with the cost index and part of its annual review; however, developers have expressed concerns that the overall financial burden will inevitably be passed on to homebuyers. The most significant impact will be felt by developers, who incur these charges at various stages of a project.…

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…

Latest StoriesRegulatory

Ghaziabad Body Hits Just 50% of Revenue Goal

GHAZIABAD: The Ghaziabad Development Authority (GDA) has struggled to generate revenue from compounding fees during the fiscal year 2025-26, achieving only 50% of its target. The compounding charge is an additional fee levied by the development authority for construction that exceeds the approved layout plan, provided the deviation does not exceed 10%. According to documents obtained by TOI, GDA aimed to collect Rs 103 crore from compounding fees but only managed to gather Rs 52 crore across its eight zones. The compounding charges are approximately Rs 482 per square meter for residential units and double that for commercial properties. For…