MCC enhances property tax by 15%

Addressing media persons Mayor Praveen Anchan at his office on Thursday said the revised rates would come into effect from April 1, as three year block period ended on March 31. MCC had adopted SAS on April 1, 2008.

Pointing out that MCC has become a model for its solid waste management in the entire country, the Mayor said the money collected through tax would be spent for development works.

Revealing the revised tax rates, MCC Commissioner KN Vijayaprakash said the buildings having less than 1,000 square feet area should pay Rs 10, those having area between 1,000 and 3,000 square feet should pay Rs 30 per month and those exceed an area of 3,000 square feet must pay Rs 50 per month as solid waste management cess.

Commercial complexes constructed at an area between 1000 and 5000 square feet and those which have more than 5000 square feet should pay cess of Rs 100 and Rs 200 per month respectively.

Industries, possessing less than 1000 square feet, having an area between 1000 and 5000 square feet and more than 5000 square feet should pay a cess of Rs 100, 200 and 300 respectively.

Hotels, wedding halls, hospitals etc should pay Rs 300, 500 and 1000 per month if they have an area of 10,000, between 10,000 and 50,000 and above 50,000 respectively, said Mr Vijayaprakash.

MCC bears an annual expenditure of Rs 12 crore for solid waste management. However, the total amount of cess for this purpose is expected to be between Rs 3 crore and Rs 3.5 crore and remaining expenditure will be handled through other income sources, he said.

The commissioner said out of the 24 parks across the city, 17 parks have already been developed using funds from various sources including state finance commission (SFC) and the remaining parks will also be developed in the same manner.

Deputy Mayor Geetha M Nayak and all the chairpersons and members of standing committees were present at the press meet.