Size of the Un-assessed and Under-assessed Urban Property Market Team
Publication dateJan, 2009
DetailsReport submitted to the Thirteenth Finance Commission
AuthorsO. P. Mathur, Debdulal Thakur
At the behest of the Thirteenth Finance Commission, the NIPFP undertook this study to assess the untapped potential of property taxation in India. Field data was collected from all metropolitan cities and a few cities in the population range of 500,000 to 1 million. The study gave a number of specific recommendations on tapping the potential and the need to establish state-level bodies to ensure uniformity in the assessment of values of properties.