The Brihanmumbai Municipal Corporation (BMC) has taken a strict stance against 500 defaulters, including prominent developers, for non-payment of property taxes. The civic body has issued notices to attach their properties if the dues are not settled with
MumbaiProperty TaxesBmcDefaultersDevelopersReal Estate MumbaiJan 18, 2025
The BMC is targeting property tax defaulters to recover unpaid taxes, which are crucial for funding essential civic services and infrastructure projects. Non-payment of property taxes has been a significant financial strain on the corporation.
The BMC has targeted 500 defaulters, including several prominent developers, for non-payment of property taxes.
The BMC has issued notices to these defaulters, warning that their properties will be attached if the outstanding dues are not settled within 90 days.
According to BMC data, the 500 defaulters collectively owe over 100 billion rupees in property taxes.
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