People living in a city like Chennai have to undergo a lot of procedures when they want to buy a house or an apartment. There are many apartment builders in Chennai and this makes things more difficult for the buyers. However, paying property tax will no longer be a strenuous process for the people in Chennai.
Earlier, a tax payer had to pay a transaction fee to the bank for the online payments made through credit, debit cards and net banking. However, Chennaitescan now pay property tax online on www.chennaicorporation.gov.in by using the online payment gateway services of ICICI Bank without any transaction fee. Corporation officials have signed an agreement with ICICI Bank Ltd to promote this online payment facility.A few other banks have also agreed to process transactions free for online payment services which will be available very soon.
The online payment facility is particularly helpful for people who have properties in the city but work or live abroad. However, there are frequent complaints about technical glitches. Many residents say payment gateway page tends to hang with the payment incomplete and often the server is timed out.The civic body has also extended various modes of payments to the tax payers. They include collection counters at headquarters, zonal offices, divisional offices, direct bank walk in payment and online payment facility.
Technological advancements have made the world a smaller place and people are being benefitted by such advancements in all sectors, real estate sector can be claimed has the one such industry that is most benefitted. These initiatives towards helping people will surely reduce a lot of paper work and save time.