Commercial units in Metro stations must pay property tax: MCD
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Last Updated: Friday, June 18, 2010, 21:56
New Delhi: The MCD Friday said that commercial establishments within the premises of Metro stations will have to pay property tax to it.

The civic body's statement came a day after it de-sealed a commercial complex housing shops of reputed brands at the Inderlok Metro Station premises here following a direction from Lt Governor Tejendra Khanna.

"In compliance of the decision taken in the meeting at Raj Niwas on Tuesday, MCD de-sealed the commercial areas of Inderlok Metro Station on Thursday," Leader of the MCD House Subhash Arya said.

"It was also decided in the meeting that the commercial establishments within the footprint of the Metro stations would be liable to pay the property tax. They will also have to obtain trade licence from the MCD as per MCD regulations," he said.

Arya said that it was also decided in the meeting that any construction which is outside the footprint of the Metro stations, for instance any off site commercial development away from the Metro Station building will be subject to development control norms of the civic body and would require its approval as per building bye-laws.

The civic agency has said that it will now start the process of calculating how much property tax DMRC owes them.


First Published: Friday, June 18, 2010, 21:56

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