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Payment of property tax in event of incomplete conveyance

Querist : Anonymous (Querist) 03 February 2023 This query is : Resolved 
In present scenario, the Builder has not made Conveyance deed. The Builder has formed CHS and has also obtained OC. The Municipal authority has sent property tax details to the CHS. The members are confused should they pay property tax as instructed or should the Builder be paying it? Does execution of Deemed conveyance redeems a Builder from paying property tax?
Quick Summary
This discussion addresses who is responsible for paying property tax when a builder has not yet executed the conveyance deed, even though the CHS has been formed and obtained an Occupancy Certificate. Municipal authorities are issuing property tax notices to the CHS. The consensus is that property tax is levied on the property itself from the date of purchase, meaning CHS members are generally liable to pay it, though this can be adjusted later with the builder. A deemed conveyance may not absolve the builder of this responsibility.

kavksatyanarayana (Expert) 03 February 2023
From the date of purchase, the buyer has to pay tax to Mplty.
Dr J C Vashista (Expert) 05 February 2023
Property tax is levied by municipal authorities on the property irrespective of ownership / occupational right(s).
CHS members have to deposit the tax which may be adjusted in the account of developer/ builder.
P. Venu (Expert) 07 February 2023
Why deemed conveyance? Please post the material facts.


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