Wednesday 7 January 2015

Citizens may benefit as BJP against 20% hike in property tax






The rift between the Shiv Sena and BJP is likely to benefit property owners in the city, as the latter is opposed to the BMC's plan to increase property tax by 20%.

The civic body will table a proposal before the standing committee on January 8, saying if property tax, as directed by the Bombay high court, is calculated based on the carpet area and not the built-up area, then it should be computed as 1.2% of the carpet area. If the 20% increase is not implemented, the BMC fears it would incur a loss of Rs 300 crore per annum.

"We will oppose the move, which is unethical and against the HC directive. The BMC should come up with a revised proposal without additional burden on Mumbaikars. We will vote against the proposal," said BJP corporator Manoj Kotak.

In the civic standing committee, Sena has 10 members, including the chairman of the committee, BJP has five and opposition parties, includes the Congress, NCP, MNS and SP, have 11 members. The BJP's five members' vote would be vital in the case. But sources feel the Sena may postpone the tabling of the proposal for a week, hoping the BJP would come around next week.


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MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.

Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.




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