E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. ALLIED

Nagpur Municipal Corp’s Property Tax Rebate on Setting EV Stations

Nagpur Municipal Corp’s Property Tax Rebate on Setting EV Stations

BY Realty+
Published - Monday, 03 Oct, 2022
Nagpur Municipal Corp’s Property Tax Rebate on Setting EV Stations

The Nagpur Municipal Corporation (NMC) Municipal commissioner Radhakrishnan B announced a 2% rebate in property tax to housing societies and individuals for setting up electric vehicle charging stations. Citing the Maharashtra government’s Electric Vehicles Policy, Radhakrishnan signed the administrative order to implement the decision.

NMC has already been offering a 10% rebate in property tax for houses adopting at least one of the four eco-friendly projects — producing compost from garbage, rainwater harvesting, wastewater treatment and reuse, and solar or any type of renewable power. According to the order, individuals will get a 2% rebate in property tax if they set up charging stations for their own vehicles and make the facility available to owners of other electric vehicles.

The properties in NMC limits, where the property owners or institutions have already set up charging stations for electric vehicles, can also avail benefit of this discount in property tax. If a charging station is set up for one’s own vehicle in a place where traffic will not be obstructed, and a charging facility is provided for other electric vehicles, the concerned property owners will be given a 2% exemption from the property tax, excluding the government tax.

Apart from this, if the facility of electric vehicle charging is provided to EV owners under the shared facilities in the housing society, the respective landholder in the respective flat or apartment will be given a 2.5 % discount, excluding the government tax, in the land-based property tax. If housing societies provide electric vehicle charging facilities on a commercial basis on their respective premises, which may not disturb the parking space and refuge area (meant for emergency works), then NMC will not levy property tax at the commercial rate and levy tax at the domestic rates only.

RELATED STORY VIEW MORE

Indian Cement Sector Shows Robust Growth
Manufacturing Companies Want Integrated Parks for Expansion
Cummins India Enhances Sustainable Solutions In Line With Destination Zero Strategy

TOP STORY VIEW MORE

Supreme Infrastructure Wins Rs 450 Cr Turnkey Contract for PAP Housing

Supreme Infrastructure India Ltd (SIIL), EPC & infrastructure company, has secured a Rs 450 Cr turnkey construction contract for the development of a PAP housing in Powai.

25 June, 2025

NITCO Strengthens Partnership with New Rs 45 Cr Order from Prestige Group

25 June, 2025

India’s Sunkind Energy Partners with Global Leader ConfirmWare

25 June, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website