Latest StoriesResidential

Prayagraj to launch OTS for house tax arrears in June 2026

PRAYAGRAJ: Over 90,000 property owners in Prayagraj are set to benefit from a significant relief in house tax dues as the Municipal Corporation gears up to introduce a One Time Settlement (OTS) scheme in the first week of June. This initiative will waive interest on outstanding house tax amounts for both residential and commercial properties, offering substantial aid to many defaulters throughout the city. Officials estimate that nearly ₹90 crore in accumulated interest may be waived under this scheme, which will be available for four months until September. The city boasts more than three lakh registered properties; however, around two…

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Prayagraj launches OTS program for defaulters to clear dues

PRAYAGRAJ: The Prayagraj Development Authority (PDA) has introduced a significant relief measure for numerous allottees in its housing and plot schemes by launching the One-Time Settlement (OTS) scheme aimed at clearing long-standing dues. Officials report that 317 defaulters owe a total of approximately Rs 41 crore. These defaulters are individuals who acquired flats or plots but have not adhered to their payment instalments. As a result, interest has accumulated, with some cases seeing the compounded interest nearly matching the original property costs. In many instances, the plot registries were completed, but the freehold processes remained incomplete, which caused further delays…

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Prayagraj to Offer House Tax Rebates for Old Buildings

PRAYAGRAJ: The Prayagraj Municipal Corporation (PMC) has approved a 40% house tax rebate for buildings older than 20 years within the urban limits. The decision, made unanimously during a meeting on Tuesday, ensures property owners will automatically qualify for the rebate without any application process. This measure is set to take effect in April 2026. This initiative is expected to aid residents in older neighborhoods such as Kidganj, Daraganj, Rambagh, Bairhana, Chowk, Shahganj, Kareli, Malviya Nagar, Mundera, and Chakia, which contain numerous buildings over two decades old. Additionally, the house authorized a One-Time Settlement (OTS) proposal for significant house tax…

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Prayagraj civic body to update building ‘khasra’ after 23 years

PRAYAGRAJ: If you’re a homeowner in the city and your ‘Khasra’ (land record) hasn’t been created, there’s no need to be concerned. The Prayagraj Municipal Corporation plans to initiate the preparation of a new ‘Khasra’ for both new and existing buildings soon. The process is expected to begin within six months; the last update was made around 23 years ago. The absence of a new Khasra has led to significant discrepancies in house tax. To address these issues and boost the municipal income, a comprehensive new Khasra for building properties will be established. An agency will first conduct a door-to-door…