Archive · 18 Jan 2026
MCD Achieves Highest Property Tax Collection
The Municipal Corporation of Delhi (MCD) has collected a record Rs 2,700 crore in property tax by the end of December 2023.
This is the highest amount collected since the MCD was unified in 2022.
The amount is 45% more than what was collected in the same period last year.
The number of property taxpayers has also increased by nearly 21%, reaching 12,43,375 this financial year compared to 10,31,177 last year.
This growth shows that more people are paying property tax, and the MCD is doing a better job at collecting it.
MCD collected Rs 2,700 crore in property tax by December 31, 2023, the highest since unification in 2022.
The amount is 45% higher than the corresponding period last year.
Number of property taxpayers increased by nearly 21% to 12,43,375 this financial year.
Last financial year, there were 10,31,177 property taxpayers.
The growth in taxpayers and collection efficiency contributed to the record collection.
- Who
- Municipal Corporation of Delhi (MCD)
- What
- Collected Rs 2,700 crore in property tax
- When
- Till December 31, 2023
- Where
- Delhi, India
- Why
- Increased number of taxpayers and higher collection efficiency
- Amount Collected
- Rs 2,700 crore
- Collection Period
- Till December 31, 2023
- Growth Rate
- 45% higher than previous year
- Number of Taxpayers (2023-24)
- 12,43,375
- Number of Taxpayers (2022-23)
- 10,31,177
- Growth in Taxpayers
- 21%
- Unification Year
- 2022