NDMC attaches 7 properties in Khan Market over unpaid property taxes, warns of more action to come.

The New Delhi Municipal Council (NDMC) has attached seven properties in Khan Market and partially attached a builder's property over unpaid property taxes. The outstanding dues run into crores, and owners failed to make payments despite multiple notices. NDMC has also issued show-cause notices to 380 defaulters and identified 3,200 taxpayers who defaulted for three consecutive years. The civic body aims to collect Rs 1,150 crore in property taxes this year.

The New Delhi Municipal Council (NDMC) has taken stern action against delinquent property tax payers in the affluent Khan Market area, seizing seven properties and partially attaching a builder's land [1]. The outstanding tax dues amount to crores of rupees, with numerous notices issued but left unheeded. In response, NDMC has also served show-cause notices to 380 defaulters and identified 3,200 taxpayers who have defaulted for three consecutive years [1].

In an effort to boost its revenue collection, NDMC is developing two new commercial complexes on vacant sites in the city [1]. One project, located opposite Prithviraj Market, includes demolishing the existing area and rebuilding it with offices and shops. The complex will span at least eight storeys, with shops on the ground floor and offices above. NDMC aims to get a built-up area of 1 lakh sq feet from this project.

The second project, in front of Akbar Bhawan in Chanakyapuri, involves developing a multi-storey commercial complex with four basements and 10 storeys. The tender process for this project was previously under litigation in the Delhi High Court but has since been resolved, with the detailed estimate under revision for further processing [1]. NDMC expects to work out the tender process for this project within the next six months.

These commercial hubs are part of NDMC's broader strategy to improve its infrastructure and generate additional revenue. The council is also considering utilizing the existing open parking sites for underground multi-level parking facilities to accommodate the increased demand for parking in these areas [1].

Sources:
[1] RP Realty Plus. (2023, February 14). NDMC to develop two new commercial hubs in Delhi. https://www.rprealtyplus.com/news-views/ndmc-to-develop-two-new-commercial-hubs-in-delhi-117977.html