Maharashtra Metro Rail Corporation (Maha-Metro), has not paid any property tax on its Metro stations or other properties in the city, and the Pune Municipal Corporation (PMC) has taken note of this.
The Metro authority has been notified of the unpaid balances by the civic body. However, given that Maha-Metro is a government organization, Maha-Metro has recommended that PMC speak with the Union government before imposing any taxes.
Maha Metro owns 18 metro stations, two depots, and other properties. The PMC property tax department has decided to tax these properties.
The civic body expects the Metro authorities to pay property taxes totalling about ₹20 crore annually. According to PMC officials, the annual rateable value of the properties will be used to calculate the taxes.
A senior PMC official said that after consulting with the state’s urban development department, they advised that the PMC is authorized by law to impose property taxes. In order to collect property tax, they have sent a letter to MahaMetro requesting information about the properties, occupancy certificates, and other relevant paperwork. For Maha Metro’s office and commercial operations, they can impose property taxes.
Maha Metro is a government body and PMC must take advice from the Union government, stated a Maha Metro official, in response to the development.
The PMC officials pointed out that although Maha Metro is working within its limits, there is a lack of documentation to prove that it is a Central or State government project.