Are you a property owner in Pune? If so, you’ll want to pay attention to the latest news from the Pune Municipal Corporation (PMC). The PMC has issued a final reminder for property owners to submit their PT3 forms by August 15, 2024, in order to qualify for a generous 40% discount on property taxes. And here’s the kicker – no further extensions will be granted after this deadline, so it’s now or never!

Despite an extended submission period, only 83,000 property owners had taken advantage of the discount by the initial deadline. To ensure that no eligible resident misses out on this opportunity, the PMC launched a door-to-door survey to identify qualifying properties. And let me tell you, the survey is still ongoing and there are still many properties left to inspect. So if you haven’t submitted your PT3 form yet, now is the time to act!

After August 15, the 40% discount will only apply to newly registered properties. This is to streamline the process and make sure that all eligible residents have a fair chance to benefit from the discount. The survey has shown that around 140,000 citizens occupy their own homes, while approximately 185,000 households have tenants. Remember, the discount is only for owner-occupied properties, so act fast to secure your savings!

The clock is ticking, and the PMC is working hard to inform all eligible property owners and guide them through the application process. Don’t miss out on this final opportunity to save on your property taxes. Submit your PT3 form before it’s too late!

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