Residents of Pune and Pimpri Chinchwad can breathe a sigh of relief as the municipal corporations have proposed to maintain property taxes at the current levels for the upcoming financial year 2025-26. This decision, which has already been approved by the Pimpri Chinchwad Municipal Corporation (PCMC), is still pending approval from the Pune Municipal Corporation (PMC). With both cities being governed by municipal commissioners due to delayed elections, the approval process for such proposals has been affected.
The proposal to freeze property taxes has been met with positivity by residents, although concerns about the quality of municipal services have been raised. While the PCMC has not increased property taxes since 2013-14, efforts have been made to increase revenue through the identification of over 200,000 previously unregistered properties. This has led to a significant revenue boost for the property tax department in Pimpri Chinchwad, with INR 977 crore generated in the last financial year.
Despite the tax freeze, citizens are calling for improvements in infrastructure, especially in areas such as water supply and road conditions. Dattatray Deshmukh, Chairman of the Pimpri Chinchwad Cooperative Housing Societies Federation, highlighted the need for better services, given that property tax rates in PCMC are already among the highest in the state.
Looking ahead, residents are hopeful that the funds generated from property taxes will be utilized to enhance municipal services. With revenue expected to increase through the registration of unlisted properties and the collection of arrears, the public is optimistic about the possibility of improved facilities and infrastructure in the coming year.
In conclusion, the decision to keep property taxes unchanged in Pune and Pimpri Chinchwad for the upcoming financial year is a welcome relief for residents. However, the focus now shifts to ensuring that the increased revenue is directed towards addressing the pressing concerns of the public and improving overall municipal services.
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