No bidders for properties of tax defaulters in Gurugram

  |   Commercial Property Gurgaon, Gurgaon   |   No comment

No bidders for properties of tax defaulters in Gurugram. It might have been only the 3rd Time since its inception in 2008 that the MCG had undertaken an auction for recovering its property tax refunds. There were no takers for some of the 12 properties which were auctioned by the Municipal Corporation of Gurugram on Tuesday, with officials stating that they’re to take a decision on the next date of the auction. The MCG had scheduled to auction the properties of defaulters in his sector 34 office for recovering more than Rs 36 lakh in property tax refunds. MCG officials said they waited for over 4 hours although not just one bidder attended the event, following which they called off the auction.

We waited for over 4 hours although not just one bidder came forward. At 14: 00 we decided to call the auction procedure. Presently, no decision has been taken on the following date of auctions, said Dinesh Kumar, the fiscal officer of MCG. Property tax is MCG’s main source of revenue. After netting only Rs 196 crore in property tax in the 2018-19 fiscal, against the last fiscal in which they’d collected the highest amount from property tax, Rs 342.24 crores, officials had introduced a discount system with the auctioning of possessions for decreasing the Rs 146 crore deficit. In Nov 2017, the MCG has auctioned four possessions within the city, the first such instance in Haryana.

The following months, MCG auctioned six more properties. The 10 possessions Were sold to get a cumulative amount of Rs 7.75 crore. These two auctions had taken place in the Huda Gymkhana Club in Sector 29. With the MCG office located within the industrial sector, on the outskirts of the city, officials said that they’re considering holding future auctions procedure at a more central location. Whenever we held the auctions more than a hundred bidders attended. A shortage of bidders isn’t a problem. In retrospect, you suspect that the location and lack of advertisements can have been the reason behind no bidder coming forward. Here onwards, we will choose the place in a more centrally located part of the city, a senior MCG official said.

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