India, July 8 -- Over 7.75 lakh property owners in Pune took advantage of the 5% rebate offered by the Pune Municipal Corporation (PMC) on general property tax this year. In return, the Pune civic body collected Rs.1,411 crores in property tax payments.

Last year, around 7.87 lakh property owners had availed the same rebate scheme, contributing Rs.1,415 crore to the civic body. This year's collection is Rs.4 crore less compared to the previous year.

PMC had started distributing property tax bills for the financial year 2025-26 from May 1. The 5% discount was originally offered to those who paid by June 30. However, after receiving requests from citizens facing payment difficulties on the last day, the deadline was extended till July 7....