Pune: PMC Announces Property Tax Rebates For Eco-Friendly Projects in FY 2025-26
Pune: PMC Announces Property Tax Rebates For Eco-Friendly Projects in FY 2025-26
Pune: The Pune Municipal Corporation (PMC) has announced property tax rebates for implementing eco-friendly initiatives such as solar energy systems, rainwater harvesting, and vermiculture composting projects for the financial year 2025-26. This initiative aims to encourage sustainable practices among property owners within the city.
Under Section 140(B) of the Maharashtra Municipal Corporations Act, property owners or housing societies that install any two of the three projects—solar energy systems, rainwater harvesting, or vermiculture composting—will be eligible for a 10% rebate on property tax. Those implementing at least one project will receive a 5% rebate.
Application Process:
– Eligible property owners or housing societies must submit their applications to their respective regional offices during office hours before February 15, 2025.
– Applications received after this date will not be considered for rebates.
Important Conditions:Â
– Property owners who have availed rebates in the past but whose projects are no longer operational will have their rebates revoked.
– Only applications verified as meeting the criteria will be approved for the discount.
This policy aligns with PMC’s commitment to promoting environmentally sustainable initiatives and reducing the city’s carbon footprint. Property owners are urged to take advantage of this opportunity and contribute to making Pune a greener city.
