![]() The Madras HC has directed the municipal corporation to spell out the date by which property tax rates would be revised. In August 2017 Madras High Court slammed Chennai municipal corporation for not revising the property tax rates since 1998 and as per the Court’s estimation, this non-revision has led to a revenue loss of over Rs 1500 crores. It may be noted that Chennai property tax was last revised in the year 1998 and was due for revision every four years and should have been increased by 25% in case of residential property and 100% in case of commercial properties during every revision. You can know your zone and division here. Chennai municipal corporation is divided into 15 zones. ![]()
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