CREATE TABLE table_23712 ("Year" FLOAT, "District" FLOAT, "Blocks" FLOAT, "Panchayat" FLOAT, "Village" FLOAT, "Human  ( in Lakh  ) " TEXT, "Animal  ( in Lakh  ) " TEXT, "Total Area  ( in Lakh ha  ) " TEXT, "Cropped area  ( in Lakh ha  ) " TEXT, "Crop Damaged  ( in Lakh INR  ) " TEXT, "House Affected" FLOAT, "Public Property Damaged  ( in Lakh INR  ) " TEXT)

What is the panchayat when the public property damage was 1,03,049.60
SELECT MAX("Panchayat") FROM table_23712 WHERE "Public Property Damaged (in Lakh INR )" = '1,03,049.60'
SELECT MAX("Panchayat") FROM "table_23712" WHERE "Public Property Damaged (in Lakh INR )" = '1,03,049.60'