Arjun Nagar, Ghaziabad

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News

Ghaziabad property tax collection falls Rs 35 crore short

ETRealty · Apr 3, 2026 · Regulatory

Ghaziabad Municipal Corporation collected Rs 305 crore in property tax for 2025-26, down Rs 35 crore, as over one lakh residents withheld payment amid dispute over rate hike.

Key facts

Ghaziabad Municipal Corporation collected Rs 305 crore in property tax in fiscal year 2025-26, Rs 35 crore less than 2024-25. A revised tax structure introduced April 1, 2025 raised maximum property tax to Rs 4 per square foot from Rs 2.4, and lowered minimum to Rs 1.3 from Rs 1.6, aligning with district magistrate's circle rates. Of the corporation's five lakh registered consumers, over one lakh have not paid. Mayor Sunita Dayal publicly urged residents not to pay at the revised rate, while municipal commissioner Vikramaditya Singh Malik said the hike stands; both approached state officials to support their position. Ghaziabad Sadar MLA Sanjeev Sharma said the matter reached the CMO and a clear direction from state government is expected within a fortnight. The corporation's online payment portal will remain non-functional until April 15 for annual update; officials hope to recover Rs 100 crore from defaulters afterward with a 12% penalty imposed on unpaid dues at the board-approved hiked rate. Tax collected by zone: Vasundhara Rs 133 crore, Mohan Nagar Rs 52 crore, Kavinagar Rs 52 crore, city zone Rs 40 crore, Indirapuram Rs 10.4 crore, Vijay Nagar Rs 16 crore.

Stamp duty rebate for women to boost property registrations

Hindustan Times · Jul 31, 2025 · Regulatory

Uttar Pradesh extended stamp duty exemption for women buying property up to one crore rupees, expected to increase registrations in Ghaziabad and Gautam Budh Nagar.

Key facts

Property registrations in Ghaziabad and Gautam Budh Nagar districts expected to increase following stamp duty exemption extension for women purchasing property worth up to ₹1 crore.

Current transaction volume: Ghaziabad 600–650 daily transactions; Gautam Budh Nagar 700+ daily registrations.

Stamp duty rates under new rule (properties up to ₹1 crore):

Ghaziabad: women pay 6% (previously 7%)
Gautam Budh Nagar: women pay 4% (previously 5%)

Notified July 29 by state stamps and registration department; cabinet decision July 22.

Previous cap: ₹10 lakh. New cap: ₹1 crore.

Savings examples: ₹1 crore property saves ₹1 lakh; ₹50 lakh property saves ₹50,000.

Currently 30–35% of daily property registrations in Ghaziabad done in women's names.

CREDAI secretary expects increased apartment registrations in women's names, particularly for flats priced within ₹1 crore range, and increased government revenue collections.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.