HomeUrban NewsAhmedabadAhmedabad Civic Body Auctions Properties Over Tax Arrears

Ahmedabad Civic Body Auctions Properties Over Tax Arrears

Ahmedabad Municipal Corporation (AMC) has announced the auction of 22 commercial properties in the city’s western zone. Located in key areas such as Navrangpura, Ashram Road, CG Road, and Mitakhali, these properties have accumulated significant arrears over several years, despite consistent reminders and opportunities to settle outstanding dues.

The AMC’s decision follows multiple attempts to prompt these property owners to fulfil their obligations, all of which proved ineffective. Municipal Commissioner Vijay Nehra, in a recent tax collection review, highlighted the urgency to address the backlog of unpaid taxes, particularly within the commercial property segment. Under his guidance, AMC introduced stricter measures, including property seizures and issuance of encumbrance notes, aiming to streamline tax recovery processes and set a precedent for timely compliance. Since the beginning of the fiscal year, AMC’s tax department has intensified its enforcement campaign, sealing and marking properties with substantial tax arrears for auction.

Persistent non-compliance by several commercial property owners has added to the tax burden for AMC, with many properties showing years of unpaid dues. The AMC has not only attempted to collect dues but also given property owners opportunities to contest tax assessments through appeals. However, most property owners have neither raised objections nor settled their dues, leading the West Zone Tax Department to issue final warnings. In response, AMC will now proceed with the auction process, signalling the civic body’s commitment to fiscal discipline and sustainable revenue collection.

The AMC’s approach underscores the importance of tax revenue in maintaining urban infrastructure and delivering essential services. Delays in tax collection affect not only the city’s revenue but also impact AMC’s ability to fund development and public welfare projects. By enforcing payment compliance, AMC aims to ensure a steady revenue stream that supports sustainable urban growth and enhances the city’s financial health.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Suraj Estate Achieves Strong Sales In Mumbai Commercial Project

Suraj Estate Achieves Strong Sales In Mumbai Commercial Project

0
Suraj Estate Developers has reported a significant early sales milestone for its flagship commercial development, One Business Bay, in South Central Mumbai, achieving gross...
https://urbanacres.in/manojj-devnani-elevated-to-deputy-general-manager-at-hiranandani-mumbai/

Manojj Devnani Elevated To Deputy General Manager At Hiranandani Mumbai

0
Hiranandani Group has appointed Manojj Devnani as Deputy General Manager in Mumbai, strengthening the company’s leadership in marketing, commercial operations, and strategic communications across...
SRA Collects Biometrics From Over Six Lakh Slums

SRA Collects Biometrics From Over Six Lakh Slums

0
Mumbai’s Slum Rehabilitation Authority (SRA) has completed surveys of more than 8.8 lakh homes across 2,599 slum clusters, marking a significant step in the...
Navi Mumbai Housing Prices Up Over 22 Percent

Navi Mumbai Housing Prices Up Over 22 Percent

0
Navi Mumbai’s residential property market has recorded robust growth over the past five years, with average apartment prices rising by more than 22%, reflecting...
Mumbai Kandivali West Attracts Homebuyers and Investors

Mumbai Kandivali West Attracts Homebuyers and Investors

0
Kandivali West is increasingly drawing attention from homebuyers and investors as a residential locality offering a balance of affordability, connectivity, and growth potential. Located...