PROPERTY IN NDMC AREA
Property tax overhaul in NDMC: What the new Unit Area System means for you
The New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictability for property owners. The old rateable value method, which was subjective, is being replaced. Homeowners can now understand and verify their tax liabilities more easily.
NDMC presents surplus budget for 2026-27; rules out property tax hike
The New Delhi Municipal Council (NDMC) presented a surplus budget for the 2026-27 fiscal year on Wednesday, forecasting a net surplus of Rs 143.05 crore.
NDMC opts against hiking property tax
The New Delhi Municipal Council (NDMC) presented a projected budget surplus of Rs 240.2 crore and a revenue of Rs 5,069.6 crore for the fiscal year 2024-25. Chairman Amit Yadav outlined a vision to make NDMC an aspirational city and global benchmark. While there's no plan to increase property tax rates, the council aims to boost revenue through property tax, targeting Rs 1,150 crore in FY 2024-25.
How Delhi plans to preserve the G20 beauty
New Delhi Municipal Council (NDMC) is taking steps to maintain the beautified public spaces, fountains, sculptures, and electrical installations that were added before the G20 summit. Dedicated teams from different departments will continue to operate and maintain these assets, including fountains, sculptures, signboards, electricity poles, plants, shrubs, signboards and trees.
NDMC announces rebate in Property Tax Bills
"Consequent to this exercise, the property tax bills are being sent to all the property owners and it is expected that these will be received by all assesses by November 20," a senior civic body official said.
Nearly 140 commercial units sealed in Delhi
The action on 39 units in three markets under NDMC and 103 units in SDMC areas were taken on the directions of a Supreme Court-appointed monitoring committee.
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Taj Palace, Delhi Golf Club on NDMC tax defaulter list
However, according to NDMC officials, all the hotels have moved court challenging the tax assessment and any further action by the civic body cannot be taken since the matter is sub-judice.
Re-auction of CP hotel whose January bid raised value by 15 times
The civic body had last year decided to auction off the property with an area of 612.4 square metres. However, the reserve price was changed time and again as the process unfolded.
Mixed use charges: NDMC passes resolution regarding payment
An NDMC House meet passed the resolution seeking exemption for property owners from mixed use charges payment from April 1 this year.
NDMC auctions central Delhi hotel for price 15 times higher
The auction process for the property, which was sealed by the NDMC in February 2015 over unpaid licence fee of Rs 56 crore, concluded last week.
Dues over Rs 800 crore pending against Hotels in NDMC areas
Other hotels which are yet to clear their dues include Hotel Asian (Rs 69.43 cr) and Gesture (Rs 10.15 cr), both of which have been sealed by NDMC.
New Delhi Municipal Council posts record revenue collection of over Rs 3400 crore
New Delhi Municipal Council has registered a record revenue collection of Rs 3408.29 crore surpassing the target for the finacial year 2015-16 by Rs 122 crore.
NDMC to auction restaurant in Lodhi Garden
New Delhi Municipal Council (NDMC) has decided to lease out a Lodhi Garden restaurant afresh through e-auctioning to boost revenue.
NDMC demolishes illegal construction in around 40 properties
All properties fall under the Civil Lines Zones and areas include Burari, Malkaganj, Swaroop Nagar, Kohat Enclave, Wazirpur Industrial Area, Pitampura.
UAM, trifurcation contributed to MCD's financial crisis
"The UAM norm brought during the Dikshit government lowered our revenues," a senior official of the NDMC told PTI.
LED streetlights, free Wi-fi in NDMC plans as budget focuses on 'Smart City'
The civic body has allocated Rs 150.37 crore for education services, including for the setting up of technology-enabled classrooms in five NDMC schools.
Resident Welfare Associations want Delhi HC to hear their property tax pleas promptly
The group has alleged that under the new NDMC bye-laws 2009, the civic body is charging property tax on vacant, unconstructed land.
NDMC budget: 50 per cent hike in BUAV; Rs 6 crore for 'Swachh Bharat'
50 per cent hike in base unit area value for property tax assessment, increase in lumpsum one-time street charge on vehicles and Rs 6 crore for 'Swachh Bharat' campaign.
NDMC launches anti-spitting drive under 'Swachh Bharat'
Shakuntala D Gamlin, acting chairperson of NDMC, informed that under Prime Minister Narendra Modi's 'Swachh Bharat' mission, the civic agency has also started a special drive to clean the markets.
NDMC adopts DDA land rates; brings relief to property owners
Many property owners were not opting for conversion due to the exorbitant rates, causing losses to the civic agency, NDMC officials said.
NDMC to recover Rs 185-crore tax from Luxury Hotels
In response to the questions raised by the Lok Sabha MP, EG Sugavanam said the NDMC has taken necessary actions on the issues.
Tatas to operate Taj Mansingh for three-six months after lease ends
The council has run out of time due to delays in getting clearances from the government, said an NDMC official, who didn't want to be identified.
3700 defaulters availed Property Tax benefit scheme: NDMC
There is a full rebate from interest and penalty on pending property tax, which will be reduced to 75 per cent till October 17, and 50 per cent till November 17, NDMC said.
Asaram's ashram slapped with notice over property tax dues
During a situational survey of the ashram on September 2, the municipal officials had found commercial activities were being carried out there.
NDMC to map properties to widen tax net
The NDMC has decided to map the properties under its jurisdiction to identify defaulters of property tax.
HC seeks NDMC's response on Tata's plea over Taj Mansingh
HC asked NDMC to respond to Tata Group's plea seeking to restrain it from auctioning the property on which Taj Mansingh Hotel is located here.
NDMC proposes 3 per cent hike in property tax
People residing in New Delhi Municipal Corporation areas may end up paying double the property tax from next fiscal with the civic body today proposing a three per cent hike and increase in valuation of property.
Tatas to manage Taj Mansingh for another year, NDMC extends lease
The property had drawn interest from several parties including PRS Oberoi, the chairman of EIH Ltd, which owns the Oberoi group of hotels.
NDMC budget: No increase in property tax of VVIP areas
The New Delhi Municipal Council's (NDMC) budget unveiled today spared the VVIP areas of an increase in property tax, besides having no new major development initiatives.
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