Delhi Taxpayers Face Deadline: Geotagging Properties for Rebates Urged by Municipal Corporation


    Share post:

    Delhi Taxpayers Face Deadline: As the deadline for taxpayers to geotag their properties approaches, only 78,000 tags have been issued, mainly in non-residential areas. The Municipal Corporation of Delhi warns that failure to geotag properties by Jan 31 will result in the loss of rebates for taxpayers.

    Despite around 13 lakh properties being assigned the unique property identification code (UPIC) among 14 lakh taxpayers, the majority struggle to comply with the geotagging requirement. In unauthorised colonies, the geotagging process appears non-existent.

    MCD officials note that people are delaying, anticipating a rush at the last moment. They assure the process is simple and expect increased participation by month-end, citing over 200 camps, meetings with RWAs, and market associations.

    Since December last year, MCD mandated geotagging for property tax rebates. Those failing to geotag by Jan 31, 2024, will miss a 10% rebate on the lump sum advance payment for the 2024-25 financial year by June 30.

    Geotagging assigns a unique latitude-longitude marker to properties on a GIS map, ensuring their geographical identification. This aids MCD in identifying properties in densely populated areas with unclear addresses, displaying them on the GIS map.

    Also read: Ghaziabad Property Owners Brace for Potential Rs 5,000 Annual Tax Hike Starting April 2024

    Related Posts

    Latest posts

    TCS Rents 400,000 Sq Ft Office Space in Noida

    "Tata Consultancy Services (TCS) has leased 400,000 square feet of office space in Noida due to increased demand....

    Raymond Group Unveils First Mumbai Real Estate Project in Bandra

    "Raymond Group Unveils First Mumbai Real Estate Project in Bandra, Aims to Generate Over $2 Billion" Raymond Realty, the...

    Brigade Group Plans to Expand Office Space by 3 Million Sq Ft

    Brigade Group Plans to Expand Office Space by 3 Million Sq Ft, Aims for Revenue of Rs 380...

    Big Players Oberoi and Raymond Compete in Thane Real Estate Market

    "Big Players like Oberoi Realty and Raymond Realty to Compete in Thane Real Estate Market" In the bustling real...