Real Estate Mumbai
Mumbai's Real Estate Giants Compete for Slum Redevelopment Projects
Top real estate firms have submitted bids for 47 slum redevelopment projects on BMC-owned plots. The highest premium bidders will be selected to transform these areas.
Real Estate Mumbai
Mumbai BMC Collects ₹268.77 Crore in Property Tax from Slum Businesses
The Brihanmumbai Municipal Corporation (BMC) has successfully collected ₹268.77 crore in its first-ever property tax drive targeting commercial establishments within slum areas. This significant revenue generation initiative aims to integrate these businesses into the formal tax net.
Real Estate Mumbai
Real Estate Developer Fined Rs 46.5 Lakh for Road Collapse in Bhayandar
The Mira-Bhayandar Municipal Corporation (MBMC) has imposed a fine of Rs 46.5 lakh on a real estate developer after a concrete road caved in near RNA Builder’s project site in Bhayandar East.
real estate news
FIR Against Hiranandani Developers for Illegal Excavation in Powai
The Powai police have registered an FIR against Hiranandani Developers for alleged illegal excavation near the Hiranandani helipad. The excavation was carried out without the necessary permissions, as per a complaint by the Brihanmumbai Municipal Corporation (BMC).
real estate news
BMC Auctions Crawford Market and Worli Plant, Generates Rs 1,248 Crore
The Brihanmumbai Municipal Corporation (BMC) has successfully auctioned the iconic Crawford Market and the Worli asphalt plant, raising Rs 1,248 crore. The funds will be used to fund critical infrastructure projects in Mumbai.
Real Estate Mumbai
Mumbai BMC Recovers ₹243 Crore Property Tax from Govt Bodies, ₹22,000 Crore Still Pending
A recent RTI reveals that the BMC has recovered ₹243 crore in property tax from government agencies, but a staggering ₹22,000 crore in outstanding dues remains, including amounts owed by private establishments.