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GHMC may get Rs.500 cr. by reassessing properties

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The Hindu        09.09.2016  

GHMC may get Rs.500 cr. by reassessing properties

Greater Hyderabad Municipal Corporation (GHMC) is banking on property tax reassessments for commercial properties, newly constructed buildings and those under the Rs. 1200 payment per annum bracket to increase its property tax collection by Rs. 500 crore for this year.

Last year, it earned Rs. 1050 crore in property tax and it had to give up Rs.88 crore following the Government’s decision to waive tax for properties paying Rs. 1200 per annum and below. With the Government sitting on the proposal to hike the property tax rates which were earlier raised for residential properties in 2002 and commercial in 2007, the municipal corporation has been forced to look within to raise resources.

Commissioner B. Janardhan Reddy at a meeting with his senior staff on Thursday wanted them to concentrate on these categories and also trade licence fees to obtain more revenue. He pointed out that by checking the veracity of 60,613 properties paying Rs. 1200 as tax, about 26,219 properties were reassessed and Rs. 14.34 crore was realised.

Therefore, he reasoned, if the Deputy Commissioners and bill collectors diligently scan through the remaining five lakh properties under the same tax band, Rs. 100 crore can be collected even if 50 per cent is verified thoroughly. Similarly, there were 1.40 lakh commercial properties but 40,000 had taken trade licences last year while the figure this year is 35,000. Hence, there should be focus on bringing them into the tax net and also look into the fines being charged for those not taking trade licenses.

TSSCPDCL data

Mr. Reddy advised the officers to make use of the data of the TSSCPDCL and commercial tax departments as well as phone numbers of the tax payers to collect precise information about the properties and also to send tax updates and payment schedules.

Central and State Government properties number about one lakh and up to Rs. 180 crore can be realised from them so also by reviewing the fee from municipal estates and check bounce cases.

 

Spl purpose vehicle for smart city project

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The Times of India       Patna       08.09.2016  

Spl purpose vehicle for smart city project

Bhagalpur: The speed of work on 'Smart City Project' at Bhagalpur is likely to be accelerated with the formation of special purpose vehicle (SPV) and approval of Rs 465.71 crore by the state government for undertaking development work. Bhagalpur divisional commissioner has been made the chairperson of the SPV to oversee the project works.

Altogether Rs 1,309 crore will be spent on the project.

Bhagalpur divisional commissioner Ajay Kumar Chowdhary said a meeting of the SVP would be called soon.

"The Smart City Project at Bhagalpur will work with speed and extreme diligence," he told TOI. Bhagalpur municipal commissioner Avanish Kumar Singh said the work under the smart city project would become visible throughout the district after November.

Out of Rs 1,309 crore, nearly Rs 1,106 crore will be used for 'area-based development' in Bhagalpur and the remaining Rs 203 crore is to be utilized for 'pan-city project' development works that envisage application of selected smart solutions to the existing citywide infrastructure.

Application of smart solutions involves the use of technology, information and data to improve the infrastructure and services that aim at having positive effects on the productivity and quality of citizens' lives, district administration sources said.

Under the 'area-based development' projects, Rs 18 crore will be spent on e-governance (electronic governance with the application of information and communication technology for delivering government services, exchange of information communication transactions etc and mobile-governance) aims at providing government services to the people through mobile phones and tablets to deliver services like health, education, banking, other commercial services anytime, anywhere, besides Rs 54.60 on developing information technology infrastructure, the sources said.

Whereas Rs 58.9 crore will be spent on heritage and nature park development, Rs 56.94 crore is meant for multi-model transport and footpaths, Rs 25.10 crore for potable water supply, Rs 114.26 crore for electricity transmission infrastructure, Rs 24.27 crore for pollution control infrastructure, Rs 107.50 crore for Ganga riverfront development, Rs 123 crore for market development and skill development projects, Rs 138.50 crore for the widening of roads and restructuring, Rs 189.77 crore for the underwater sewage system, drains and sanitation and Rs 51.50 crore has been earmarked for the development of slums.

A sum of Rs 31.4 crore will be spent on the intelligent command and control system (ICCS), Rs 66 crore on the intelligent traffic management system (ITMS), Rs 44.05 crore on smart cleaning-cum-sanitation and a sum of Rs 43 crore on city bus services.

The Smart City Mission is a central government sponsored scheme, launched in June 2015, for which the Centre proposed Rs 80,789 crore to be spent over five financial years (FY) starting from 2015-2016.

Bhagalpur district was selected in the second list of 'smart cities mission', a project launched by Prime Minister Narendra Modi.
 

DDA plans old-age home with Navy

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The Times of India    Delhi         08.09.2016  

DDA plans old-age home with Navy

NEW DELHI: The Delhi Development Authority (DDA) is joining hands with the Indian Navy to develop an old-age home where retired government employees will be offered studio apartments on rent. The Rs 462-crore project, housing 1,550 studio apartments, will come up in Sector 16, Dwarka.

Officials said this novel model--DDA will build the complex while the Navy will manage it--would allow elderly people to live with dignity in a homogenous societal group. "Once completed, this will set a new trend. Retired government officials can rent an apartment for a lifetime by paying Rs 10 lakh and a monthly maintenance. The complex will have all the facilities. There are several government agencies which can explore this option," said Arun Goel, vice-chairman of DDA.

Each apartment, measuring 550 sq ft, will be allotted on the payment of Rs 2.2 lakh, of which Rs 20,000 will be a non-refundable registration fee. The rest will be collected once the flats are ready. "Each allottee will have to pay an additional Rs 10,000 every month--Rs 3,000 as maintenance charges and Rs 7,000 to DDA to partially meet the cost of construction," said an official.

The project was conceived when the Navy requested DDA to allot land for an old age home. "If the land was al lotted at approved rates, its cost itself would have made the project unviable. It was then decided to develop a complex for retired government officials in a joint venture," said a DDA official.The land will now cost Rs 180 crore while DDA will spend Rs 282 crore on the construction. Of the 1,550 apartments, 200 will be given to the Navy and the remaining will be distributed among retired central and state government employees, other armed forces, teaching faculty of government colleges and universities, and DDA employees of certain pay scales. The units will be allotted with lifelong tenancy rights.If the allottee dies, the spouse can use the unit during hisher lifetime. "However, the allottee will not be allowed to transfer or sell the unit and the ownership will always remain with DDA that will reallot the unit according to the waiting list," said an official.

The complex will have Metro connectivity and will be completely self-sufficient with retail, recreational and healthcare facilities. It will also have elderly friendly architectural features such as anti-skid floor, hand rails and ramps.
 


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