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

ATS Infrastructure Appoints Suraj Chopra Vice President To Strengthen Purchase And Contracts

ATS Infrastructure Appoints Suraj Chopra Vice President To Strengthen Purchase And Contracts

0
ATS Infrastructure Ltd a leading player in India’s real estate and infrastructure sector, has appointed Suraj Chopra as Vice President – Purchase & Contracts,...
Navin Launches 59 Premium Apartments at Mayura Gardens Valasaravakkam Chennai

Navin Launches 59 Premium Apartments at Mayura Gardens Valasaravakkam Chennai

0
Navin’s, a prominent Chennai-based real estate developer, has unveiled Navin’s Mayura Gardens, a premium residential project in Valasaravakkam, West Chennai. The development introduces 59...
MahaRERA Issues Recovery Warrant Against Developer Over Unpaid Interest Mumbai Flats

MahaRERA Issues Recovery Warrant Against Developer Over Unpaid Interest Mumbai Flats

0
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a recovery warrant against Omkar Realtors and Developers, directing officials to recover over ₹26 lakh...
CIDCO Achieves Tunnel Milestone Boosting Hetawane Water Supply For Navi Mumbai

CIDCO Achieves Tunnel Milestone Boosting Hetawane Water Supply For Navi Mumbai

0
Navi Mumbai is set to mark a major milestone in urban water infrastructure as the City and Industrial Development Corporation (CIDCO) approaches its first-ever...
Mahalaxmi Railway Land Achieves Highest 2250 Crore Bid In RLDA Lease Auction

Mahalaxmi Railway Land Achieves Highest 2250 Crore Bid In RLDA Lease Auction

0
Mumbai’s real estate market witnessed a landmark moment as the Railway Land Development Authority (RLDA) concluded the highest-ever bid for a prime railway land...