4th municipal valuation interim report uploaded

| | NEW DELHI
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4th municipal valuation interim report uploaded

Tuesday, 18 December 2018 | Staff Reporter | NEW DELHI

South Delhi Municipal Corporation (SDMC) has uploaded the fourth Municipal Valuation Committee (MVC) interim report on its websites on Monday inviting objections and recommendation from general public and residents of colonies affected by the classification of land and buildings and specification of base value per unit area of vacant land and covered buildings.

The recommendations of the committee has been uploaded on www.mcdpropertytax.in and www.mcdo-nline.gov.in for further feedback from general public, a senior SDMC official said. The Committee was constituted to submit recommendations on re-classification of colonies and new rates of unit area value.

The representations can oppose the changes in the base unit area  and also oppose the factors for increase or decrease of these values as suggested by the MVC. It has recommended many suggestions including such as classification of 1398 colonies from A to H-1 class and per square meter unit area value for the colonies.  The Committee has also recommended no change in occupancy and structure factors. New category H 1 has been created with base unit area value Rs 130 per square meter for new colonies, such as unauthorised colonies, slum/JJ Colonies and rural villages.

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