India, April 2 -- At least 94,920 property owners who failed to pay property tax for financial year 2024-25 may face action by the Ghaziabad municipal corporation, officials told Hindustan Times newspaper, adding that the civic body is yet to recover Rs.40-45 crore revenue.

Property tax includes three components: house tax, water tax, and sewage/drainage tax. Officials said that they assessed 452,000 properties including 51,856 commercial properties.

The Ghaziabad municipal body's incoming revenue from property tax for FY 2024-25 was Rs.350 crore, higher than Rs.294.95 crore in 2023-24, Rs.206.67 crore in 2022-23, and Rs.175.47 crore in 2021-22.

"Now that these 90,000 odd property holders have defaulted, they will be required to pay 12...