Today: May 17, 2025

Green buildings in Nagpur to get up to 20% property tax rebate, ET RealEstate

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5 hours ago


NAGPUR: In a move to promote environmentally sustainable construction, the Nagpur Municipal Corporation (NMC) has decided to offer up to 20% rebate on property tax for buildings certified by the Indian Green Building Council (IGBC). Municipal commissioner Abhijeet Chaudhari issued an order to this effect on May 14.

As part of its continuous efforts to tackle rising pollution and temperatures in the city, the NMC is encouraging the use of eco-friendly materials and energy-saving measures in new constructions. Green buildings, which consume less electricity and contribute less to the urban heat island effect, are being actively promoted.

According to Chaudhari’s order, buildings that obtain IGBC certification will be eligible for a rebate of up to 20% on their property tax. This incentive aligns with the budget provisions for the financial year 2025–26, where the commissioner proposed tax relief under Section 140(B) of the Maharashtra Municipal Corporation Act to boost the green construction sector.

To qualify for this rebate, a building must have features like rainwater harvesting, use of solar energy, wastewater recycling, and organic composting. An NMC resolution passed on March 28, 2025, already approved additional concessions for IGBC-certified properties.

The revised structure of concessions includes Platinum Green Building Certification (additional 10% rebate, making it a total of 20% tax concession), Gold Certification (additional 7.5% rebate, totalling 17.5%), and Silver Certification (additional 5% rebate, totalling 15%).

These additional benefits will be available on top of the existing 10% rebate already provided to properties implementing any of the four key eco-friendly systems.

How to Apply:

Property owners seeking rebate must apply to the Tax Department at the NMC headquarters or zonal offices

Application must be accompanied by a valid Green Building Certificate issued by the IGBC

  • Published On May 17, 2025 at 10:06 AM IST

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