Real Estate Mumbai
BMC to Auction Properties for Unpaid Tax Dues: 21-Day Deadline Set
The Brihanmumbai Municipal Corporation (BMC) has announced plans to auction several properties with long-standing tax arrears, giving owners 21 days to settle outstanding amounts or face auctioning.
Real Estate Mumbai
Mumbai BMC Issues 21-Day Notice to Recover ₹27 Crore in Property Tax Dues
The BMC has issued a 21-day notice to five property owners to clear outstanding property tax dues amounting to Rs 27 crore, warning that failure to comply will result in the auction of the properties.
Real Estate Mumbai
Real Estate Investment: 8 Major Challenges and How to Safeguard Your Returns
Real estate investment requires not just spotting opportunities but also anticipating obstacles. This article explores eight of the most pressing challenges in real estate investment, along with concrete strategies to safeguard your returns.
Real Estate Maharashtra
AAR Maharashtra Rules on GST Exemption for Pure Labour Services in Property Tax Assessment
The Maharashtra Authority for Advance Ruling (AAR) has determined that pure labour services provided for property survey and tax assessment to municipal councils do not qualify for GST exemption under Notification No. 12/2017.
Real Estate
How to Pay BBMP Property Tax Online in 2025: A Step-by-Step Guide
The Bruhat Bengaluru Mahanagara Palike (BBMP) has launched an online portal for property tax payments for the 2025-26 financial year. Property owners can now pay their dues digitally, receiving instant receipts and avoiding the hassle of bank queues.
Real Estate Mumbai
Panvel Extends Property Tax Fine Exemption Under 90% and 75% Bracket
Panvel City Municipal Corporation (PCMC) has extended the deadline for property tax fine exemption under the 90% and 75% brackets of the amnesty scheme, aiming to boost collections and support the 2025-26 budget.
Real Estate Pune
Pune: Beware of Property Tax Rebate Scams in Pune Municipal Corporation
Following a series of job scams, Pune Municipal Corporation (PMC) residents are now being targeted by fraudsters offering false property tax concessions. The civic body has warned citizens to be vigilant and pay taxes only through authorized channels.
Real Estate Pune
PMC Warns Citizens Against Property Tax Fraudsters
The Pune Municipal Corporation (PMC) has issued a warning to citizens about fraudulent agents claiming to reduce property tax bills. The civic body urges residents to make payments only through official channels.
Real Estate Mumbai
Mumbai BMC Extends CFC Timings for Property Tax Payments Until 10 PM on August 14
To facilitate property tax payments for the financial year 2025-26, the Brihanmumbai Municipal Corporation (BMC) has extended the operating hours of Citizen Facilitation Centres (CFCs) in all 24 ward offices until 10 PM on August 14.
Real Estate Mumbai
Mumbai Residents Struggle with Property Tax Bill Delays from BMC
Mumbai's civic administration is under pressure as thousands of property owners face delays in receiving their tax bills, just days before the August 13 deadline. The Brihanmumbai Municipal Corporation (BMC) acknowledges printing and postal issues, and an extension of the payment date is now being considered.
Real Estate Mumbai
Mumbai Residents Struggle with Delayed Property Tax Bills as Deadline Looms
Mumbai residents are facing chaos at the property tax payment counters due to delayed physical tax bills from the BMC, with the August 13 deadline fast approaching.
Real Estate
The Tax Trap: How Splitting Home Sales Can Backfire on Sellers
Sellers often split the sale of their property into real estate and furniture to reduce capital gains and stamp duty. However, without proper documentation, this strategy can lead to tax scrutiny and penalties.
Real Estate Pune
Pune's Green Building Tax Discount: Beneficiaries Double, but Compliance Questioned
Pune Municipal Corporation's (PMC) latest Environment Status Report (ESR) shows a significant increase in beneficiaries of the green building tax discount. However, experts and citizens are raising concerns about the effectiveness and compliance of these green initiatives.
real estate news
BBMP Launches Drive to Recover ₹800 Crore in Unpaid Property Taxes
The Bruhat Bengaluru Mahanagara Palike (BBMP) has received over 50,000 e-Khata applications and launched a drive to recover ₹800 crore in unpaid property taxes from 3.75 lakh property owners.
real estate news
Selling a Property Gifted by Parents: Understanding Tax Implications
If you've received a property as a gift from your parents and are planning to sell it, understanding the tax implications is crucial. This article explains how capital gains tax is calculated and what steps you should take to ensure compliance.
Real Estate Pune
PCMC Identifies 34,000 Property Owners Owning Unpaid Tax Dues
The Pimpri Chinchwad Municipal Corporation (PCMC) has identified over 34,000 property owners who have failed to pay their taxes for many years, with a significant number residing in affordable housing schemes and government-sponsored projects.
Real Estate Pune
Pune Municipal Corporation Struggles with Bounced Property Tax Cheques
Pune, 25th July 2025: Over 1,530 property tax cheques submitted to the Pune Municipal Corporation have bounced, leaving a staggering ₹14 crore in unpaid dues.
real estate news
Bengaluru Real Estate: e-Khata Becomes Mandatory from July 1, 2025
Bengaluru's real estate market is undergoing a significant transformation with the mandatory implementation of e-Khata for all BBMP properties from July 1, 2025. The digital property record system aims to enhance transparency, digitization, and tax compliance.
Real Estate Mumbai
Housing Societies in Mumbai and Pune Confused Over NA Tax Abolition
Nearly 10 months after the state cabinet announced the abolition of non-agricultural (NA) tax for urban housing societies, confusion remains due to the absence of a formal government resolution (GR).
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.