The Panvel Municipal Corporation has managed to collect only around Rs 170 crore as property tax against the proposed target of Rs 1,000 crore since October 1, 2016, as a majority of the residents are not paying the same and are waiting for a court order in the matter. The Bombay High Court had recently allowed a writ petition of Kharghar Forum to be converted into a Public Interest Litigation. The civic body has now started levying interest on default payment on the tax, applied retrospectively since 2016, as per slabs and will start levying 100 per cent penalty from January 1, 2023. 

Deputy Municipal Commissioner (Property Tax) Ganesh Shete said, “We had a target to collect a consolidated amount of Rs 1,000 crore from property tax, but could only collect Rs 170 crore. Property tax is the only major source of revenue for the corporation, and the funds will be required for providing various civic infra structures such as local municipal ward offices, urban municipal hospitals, etc.”