Mon, Jul 03, 2023
The Municipal Corporation of Delhi (MCD) has collected over Rs 1,110 crore as property tax in the April to June quarter, a surge of over 40 per cent from the same period the previous year, Mayor Shelly Oberoi said on Monday.
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Thu, Jun 02, 2022
Buying property in Delhi can be costly now. The Integrated Municipal Corporation of Delhi (MCD) has decided to increase the transfer duty by one percent on the purchase of property above Rs 25 lakh in the national capital. Official sources gave this information on Wednesday. Officials said that the transfer duty for men will be four percent and for women, three percent. The decision was taken in a meeting held on Tuesday, in which a proposal to increase the transfer fee by one percent was presented.
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