Sunil,
In reference to your email please find notification from TMC on the property tax . & clarification on the timing of the payment.
When does the property tax become due?
As per rule 30 of chapter VIII of The Mumbai Provincial
Municipal Corporation Act 1949 every tax of property tax become due in
advance every six months each year. Property tax becomes due each year
of first of April
Concession in property tax:
if the holder of the property
pays the property tax of the with in the period prescribed
by the municipal corporation is granted concession, such concession for the financial year will be
prescribed below.
Period Rate of concession
1
st April To 31st May 5%
1
st June To 30th June 4%
1
st July To 31st July 3%
1
st August To 31st August 2%
Please note the society get notification of the Bill & if we pay in time society will benefit with the concession, currently the property tax is coming to the society for all the flats, in the next AGM we will get the property tax to be done individual so that residents can directly pay to TMC.
If we pay early all are benefited & the same will given to the resident.
Now as for interest it will be not charged on property tax & this will get reversed as the system currently is taking the interest on all the expense heads. we get ADDA to correct the same.
And more over we have changed our internal communication to coral residen...@googlegroups.com as the email address , in case your name is missed we will get it added.
we have still residents who have not still visited the ADDA site .
In addition i would like to inform Sunil, & all the residents that the Management committee members are also having their own official jobs & the work we are doing is purely out of interest ,we would not be able to respond to your emails ASAP , we will try to respond on sunday or holiday when we are free.
We are planning to hire a facility manager who will be your touch point to solve residents issue , which will cost us Rs 25,000 per month. we request all residents to approve this expenditure so that we can hire the person .
Regards
Ivan Isaac
Secretary - Runwal Pearl Coral CHS Ltd