Coimbatore Corporation collects ₹472 crore in property tax for 2025–26
The Hindu
Coimbatore Corporation has collected ₹472 crore in property tax for 2025–26, achieving 89% of its target so far.
The Coimbatore Corporation has collected ₹472 crore in property tax so far for the 2025–26 financial year, accounting for 89% of the current demand.
For the 2025–26 financial year, the Corporation has set a target of ₹665 crore, which includes ₹530.14 crore for the current year and ₹135 crore carried forward as arrears from 2024–25.
According to zone-wise data, the highest collection has been recorded in the Central zone at ₹151 crore, followed by East zone (₹112 crore), North zone (₹89 crore), West zone (₹70 crore), and South zone (₹50 crore).
Officials said that despite ongoing Assembly election-related work, staff from various sections were deployed in property tax collection. In Coimbatore, many taxpayers pay their dues voluntarily. In addition to the current collection, ₹41 crore has been realised from arrears.
However, a total of ₹152 crore remains uncollected, including both old and current dues. Officials said that they will identify defaulters who have not paid property tax and remind them to pay it.
Further, 114 property owners involved in court cases have not paid their taxes, resulting in arrears of ₹20 crore. The Corporation is expected to take steps to expedite legal proceedings and recover the dues along with applicable interest.
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