I have booked the flat in Casa Rio in Nov 2010 and now I got the final Possession letter from Lodha. By seeing the charges towards Property Tax, I got shocked. They have asked for 2 years of Property Tax in Advance. One of my friend also booked the flat and got possession. I just looked his Property Tax, it was very minimal @ 1.5 Rs per square feet as per lodha (off course this is charged based on KDMC defined Property Tax). When I asked the question why for 1 BHK it is 20K, I got surprised by their answer.
Lodha Relationship Manager said, it has been increased to 24.5 Rs per square feet by KDMC in Nov’15. I asked please share the details, they refused to do and asked me to check directly with KDMC. I could not find the details over KDMC site.
I have 3 questions.
1- Can Lodha charge Property Tax in advance (2 years) where I have not yet received the Flat ?
2- Is this applicable to me to pay the Property tax where No society formed. Some of my friends say, Property tax will be applicable when the society is formed ?
3- I dont know where to find the Property Tax for KDMC which has been increased to 240 times.
I am seeking some guidance to clear my doubts. Otherwise I will have no choice and will need to pay the amount which I think I should not.
Please advice.