The Greater Chennai Corporation (GCC) has collected ₹102 crore as property tax from 1.72 lakh assessees since April 1 in this financial year.
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There are 13 lakh property tax assessees, including owners of residential and commercial buildings, in the 15 zones of the city.
After April 15, the civic body will not extend 5% incentive for property tax payment. On the other hand, the assessees will have to pay a penalty of 2%.
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Teynampet zone has collected ₹17.38 crore as property tax, the highest in the city so far. Manali zone has the lowest collection of ₹1.57 crore. Tiruvottiyur zone collected ₹2.64 crore, Madhavaram ₹3.77 crore, Tondiarpet ₹2.49 crore, Royapuram ₹11.31 crore, Thiru. Vi. Ka. Nagar ₹2.97 crore, Ambattur ₹9.72 crore, Anna Nagar ₹7.46 crore, Kodambakkam ₹7.29 crore, Valasaravakkam ₹4.19 crore, Alandur ₹4.2 crore, Adyar ₹9.41 crore, Perungudi ₹3.42 crore and Sholinganallur ₹6.73 crore.
Online mode of property tax payment is popular in the southern zones such as Valasaravakkam, Perungudi, Adyar and Alandur. More than 50% of assessees have paid property tax online in zones of Valasaravakkam, Alandur, Adyar and Perungudi.
Steps taken
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The Corporation has taken several steps to improve its revenue. Several unassessed and under-assessed buildings have been identified. Field survey has been completed in 180 of the 200 wards to bring the under-assessed properties in the tax net.
In 2021-22, the half yearly payment of property tax was ₹396 crore. In September 2021, the civic body had collected ₹91 crore in the first 13 days. On April 14, several residents paid property tax to avoid 2% penalty.
Over 40% of the property tax has been paid online. Around 49% of the tax has been collected by tax collectors, who visit neighbourhoods with handheld devices.