Pune Property

Increase In Pune Municipal Corporation Taxes Faces Axe

(DNA, Jan 1, 2011)
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All political parties in the Pune Municipal Corporation (PMC) are opposed to the tax hike proposed by the municipal administration. Municipal commissioner, Mahesh Zagade put the proposal for a 36% hike in property tax and general taxes.
The proposal is pending before the standing committee, which will take a decision on Tuesday, January 4.
As the civic elections are ahead, political parties are not in a mood to approve the tax hike. Congress leader Aba Bagul said that in the previous year, the general body approved the tax hike, but the Congress will not allow a bigger burden on citizens this year.
Nationalist Congress Party (NCP) leader, Nilesh Nikam, who is also leader of the house, said his party will not allow the tax hike.
As both the ruling parties, the NCP and the Congress, are not in a mood to approve the administration’s proposal, it is cleat that there will be no tax hike. Bharatiya Janata Party (BJP) leader, Mukta Tilak, said the BJP also opposes the tax hike.

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Anil Pharande is Chairman of Pharande Spaces, a leading construction and development firm that develops township properties in West Pune. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer in the PCMC area offering a diverse range of real estate products catering especially to the 42 sectors of Pradhikaran. The luxury township Puneville at Punavale in West Pune is among the company’s latest premium offerings. Woodsville in Moshi is another highly successful PCMC-based township by Pharande Spaces which is now in its 3rd phase.

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