Real Estate Mumbai
Mumbai Property Tax Rates Unchanged, but Bills Rise Due to Ready Reckoner Revision
The Brihanmumbai Municipal Corporation (BMC) confirms no increase in property tax rates for 2025-26, but residents are seeing higher bills due to the revision in ready reckoner rates. The changes come after a 10-year gap.
Real Estate Mumbai
Mumbai BMC Increases Property Tax by up to 15% After a Decade
After almost a decade, the BMC has raised property tax rates by up to 15% for over 9 lakh properties in Mumbai for the 2025-26 fiscal year. This increase has been a point of contention among residents, with some areas experiencing hikes higher than the official 15%.
Real Estate Maharashtra
Maharashtra Ready Reckoner Rate Hike: How a 3.9% Increase Affects Home Buyers
The Maharashtra government has increased the Ready Reckoner Rates (RRR) by an average of 3.9%, impacting property costs across the state. This article delves into the implications of this hike for home buyers and sellers.
Real Estate Maharashtra
Maharashtra Hikes Ready Reckoner Rates for 2025-26: Impact on Property Prices
The Maharashtra government has announced an increase in Ready Reckoner rates for the year 2025-26, marking the first hike in two years. This decision is expected to impact property prices and the real estate market significantly.
Real Estate Maharashtra
Maharashtra Government Revises Circle Rates: Property Prices See 3% CAGR Over 10 Years
The Maharashtra government has recently revised the ready reckoner rates for the financial year 2026, marking the first update in two years. This adjustment reflects the steady growth in property prices, which have seen a compound annual growth rate (CAGR) of 3% over the past decade.
Real Estate Maharashtra
Real Estate Stocks Soar as NIFTY REALTY Index Surges 3%; Key Factors Driving the Rally
The real estate sector witnessed a significant boost as the NIFTY REALTY index surged by 3%. This positive momentum can be attributed to various factors, including an increase in ready reckoner (RR) rates in Maharashtra. Here's a detailed look at the key drivers behind this rally.