Chennai : The Greater Chennai Corporation (GCC) has urged more than six lakh property owners to clear their outstanding property tax dues, as the civic body faces a significant revenue shortfall.
According
to the corporation, around ₹847.80 crore in property tax remains unpaid by
property owners across Chennai. The civic body has appealed to defaulters to
settle their dues promptly to support the city's ongoing civic and
infrastructure development.
Property
tax is a key source of revenue for urban local bodies and is used to fund
essential services such as road maintenance, drainage, solid waste management,
street lighting and other public infrastructure.
The GCC
is expected to intensify its collection efforts to improve revenue recovery.
Property owners with pending dues have been advised to verify their tax
accounts and make payments without further delay.
The move
comes as civic authorities focus on strengthening municipal finances and
ensuring a more consistent flow of revenue for Chennai's growing infrastructure
and public-service requirements.
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