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Apr 03, 2024
Is Your Property Tax Up to Date? Pune Municipal Corporation Cracks Down on Tax Defaulters
In an effort to enforce prompt property tax payments and collect unpaid balances, the Pune Municipal Corporation (PMC) will put 32 homes in desirable areas, such as Baner, Balewadi, Lohegaon, and Mundhwa, up for public auction on February 5. This extreme measure is in reaction to a startling Rs 16.02 crore in unpaid property taxes, mostly from commercial buildings.
Defaulters Neglecting Alerts: PMC Enabled to Take Action
Due to persistent non-payment despite several reminders, Municipal Commissioner Vikram Kumar stressed that this sale is the PMC's first attempt at property auctions. In order to deal with the issue of tax defaulters, the civic body is currently using its legal authority.
First Auction to Assess Market Reaction
Even though there are many unpaid property taxes in the city, the first auction will concentrate on choosing high-value homes in order to assess the reaction of the market. This auction, which is slated to take place in the PMC's main building from 12 to 3 p.m., is anticipated to establish the precedent for other actions taken against tax defaulters.
Properties Up for Auction: A Quick Look
The majority of the properties up for auction are in Lohegaon; these include two office buildings, two retail stores, two open plots, two shops, and an industrial shed in Mundhwa. Three Balewadi stores, a clubhouse, a Pancard Club structure, and a privately held site in Baner are among the other listings. In addition, there are one open plot, two apartments in Wanowrie, three office spaces in Kharadi, three shops in Bibwewadi, three shops in Dhayari, and one shop in Dhanori.
Guidelines for Landowners
Property owners can choose to have their houses removed from the sale list by paying off their debts in full before the auction date, according to PMC's Ajeet Deshmukh.
Restitution for Amounts Paid
The winning bidder will get their money back from PMC if the property owner pays the outstanding balance and auction expenses within 15 days.
Conclusion:
The PMC's plan to auction off tax defaulters' properties emphasises how crucial it is to pay property taxes on time. It acts as a caution to property owners, advising them to pay their taxes in order to stay out of trouble. The PMC wants to protect budgetary restraint and collect unpaid debts through an open auction procedure.
FAQs:
What happens if a property owner fails to clear their dues before the auction date?
If property owners do not clear their dues before the auction date, their properties will be included in the auction, and they may face legal consequences.
Can property owners negotiate with the PMC to settle their dues outside of the auction process?
While property owners can attempt to negotiate with the PMC, it is advisable to clear dues before the auction to avoid potential complications.
Are there any exemptions or discounts available for property tax payments in Pune?
Exemptions or discounts on property tax payments may be available for certain categories of property owners. It is recommended to check with the PMC for eligibility criteria.
What measures can property owners take to avoid being included in future auctions?
Property owners should ensure timely payment of property taxes and regularly monitor their tax obligations to avoid being included in future auctions.
Is there a possibility of the auction process being postponed or canceled?
While unlikely, the auction process may be subject to changes or cancellations depending on unforeseen circumstances. It is advisable to stay updated through official channels for any announcements regarding the auction.