Latest StoriesRegulatory

SC Declines Plea on Delhi HC Ruling in Signature View Case

Sure! Here’s a rewritten version of the content: NEW DELHI: On Friday, the Supreme Court declined to consider a petition that challenged a Delhi High Court ruling stating that there would be no halt to the demolition of the Signature View Apartments in Mukherjee Nagar, New Delhi. The petition was presented to a bench comprising Justices Sanjay Kumar and Alok Aradhe, seeking a suspension of the interim order issued by a division bench of the high court on September 17. The Signature View Apartments are part of a multi-storey residential project initiated by the Delhi Development Authority (DDA) in 2010.…

Latest StoriesResidential

Signature View Apartments asks 91 families to leave flats

NEW DELHI: The Resident Welfare Association (RWA) of Signature View Apartments in Mukherjee Nagar is urging the remaining 91 families to vacate their flats promptly to enable the demolition and reconstruction of the complex. According to RWA president Amrendra Kumar Rakesh, most residents have already moved out, and efforts are being made to clear the remaining units. “We are requesting the remaining residents to vacate their homes at the earliest possible to expedite the floor area ratio (FAR) clearance process,” Rakesh stated. Despite this, the RWA noted that some residents are hesitant to leave due to worries about the FAR…

Latest StoriesRegulatory

Delhi extends property tax amnesty scheme by 3 months with fees

NEW DELHI: The MCD has announced a three-month extension for its Sumpattikar Niptaan Yojana (SUNIYO) 2025-26, now valid until December 31, officials reported on Friday. This one-time property tax amnesty scheme was originally set to expire on September 30. While the terms and conditions will remain unchanged, a 2% late fee on the principal tax amount will apply for payments made between October 1 and December 31. Since its launch on June 1, SUNIYO has drawn in 1.16 lakh taxpayers, generating Rs 370.27 crore in revenue. Notably, 65,874 new taxpayers have paid property tax for the first time through SUNIYO,…

Latest StoriesRegulatory

Delhi HC: MCD’s higher luxury hotel tax not arbitrary

NEW DELHI: The Delhi High Court has stated that the increase in property tax rates for luxury hotels imposed by the Municipal Corporation of Delhi cannot be considered “arbitrary or capricious,” especially when viewed in the context of their target clientele’s economic background. The court explained that luxury hotels actively pursue star ratings, positioning themselves within a niche aimed at affluent customers while providing premium experiences at high prices. Justice Purushaindra Kumar Kaurav, delivering the judgment on September 12 (published on the court’s website on September 16), noted, “The legislative intent behind the higher property tax rates for these establishments…

IndustryLatest Stories

Delhi Civic Body Unveils Easy Property Tax Calculator

NEW DELHI: The Municipal Corporation of Delhi (MCD) has launched a new property tax calculator designed to help residents compute their property taxes easily, eliminating the need for app logins or middlemen. A senior official informed PTI that this user-friendly calculator enables citizens to independently calculate their annual property tax. As part of efforts to enhance digital transparency, it is now accessible on the official MCD portal. This straightforward tool fosters trust by equipping property owners with clear information, thus decreasing their reliance on others and streamlining the entire process for users. Available under the property tax section, once users…

Latest StoriesResidential

Residents leave Signature View flats as DDA offers rent aid

NEW DELHI: Residents of Signature View apartment in Mukherjee Nagar are gradually vacating their homes after the Delhi Development Authority (DDA) began offering monthly rent assistance to those who have relocated. According to the Resident Welfare Association (RWA) of Signature View, families in three-bedroom apartments receive ₹50,000 a month, while those in two-bedroom units receive ₹38,000 monthly. Amrendra Rakesh Singh, president of the RWA, stated, “By the end of August, around 200 families had vacated the building. Approximately 110 families are expected to leave before the court-imposed deadline of October 1.” The apartments are set for demolition after an IIT…

IndustryLatest Stories

Delhi’s Suniyo property tax scheme raises ₹304 crore in 3 months

NEW DELHI: In just three months, the Municipal Corporation of Delhi’s (MCD) Suniyo property tax amnesty scheme has garnered ₹304 crore—over three and a half times the revenue generated from the previous scheme. The Suniyo (Sampatti Kar Niptan Yojana), which will conclude on September 30, has seen a greater number of taxpayers. Data indicates that 102,142 individuals have utilized the Suniyo scheme thus far, compared to 38,805 participants from the Samriddhi scheme initiated in 2022-2023. The Suniyo scheme has outperformed the earlier Samriddhi scheme, which raised only ₹84.23 crore during the same period last year, as noted by an MCD…

Latest StoriesResidential

Delhi: Signature View Apartments’ Construction Faces Further Delays

NEW DELHI: Residents of Signature View Apartments in North Delhi who have yet to vacate the complex designated for demolition recently submitted a request to the Municipal Corporation of Delhi, seeking additional time to leave the premises. The residents’ welfare association for Mukherjee Nagar stated that the occupants were given a deadline of August 10-20 for the disconnection of civic services. Due to challenges in securing alternative rental accommodations, RWA members have requested an extension until October 1 to vacate. In their letter to the deputy commissioner of MCD’s Civil Lines zone, the RWA noted, “In our various communications, the…

InfrastructureLatest Stories

Delhi to Install Solar Panels on 989 Buildings for Savings

NEW DELHI: The Municipal Corporation of Delhi (MCD) plans to install rooftop solar power plants on 989 municipal buildings to cut down on conventional energy use and lower electricity expenses, officials announced on Wednesday. The initiative will be executed in partnership with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Under the RESCO model, the implementing agency covers installation, operation, and maintenance expenses, later recouping costs through a fixed tariff outlined in a Power Purchase Agreement (PPA). The MCD has identified a potential of 10 to 15 megawatt (MW) solar capacity across the proposed buildings, pending a…

Latest StoriesRegulatory

Delhi civic body holds 1,800+ tax camps for amnesty scheme

NEW DELHI: The MCD has launched 1,862 property tax camps across its 12 zones to help property owners file their taxes and take advantage of the Property Tax Amnesty Scheme introduced in May. As per MCD officials, over 48,546 taxpayers have benefited from these camps so far. The civic authority plans to conduct more camps in the coming days to further extend the advantages of the Property Tax Amnesty Scheme for 2025-26 and the Sumpattikar Niptaan Yojana (SUNIYO). Taxpayers or Resident Welfare Associations (RWAs) can contact their zonal offices to request a camp in their locality. “We have successfully conducted…