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
Mumbai's Property Market Sets New Record with Highest Ever Registrations in March
In March 2023, Mumbai's real estate market witnessed a significant surge in property registrations, marking a 10% increase compared to the previous month. This unprecedented rise is attributed to the anticipated hike in reckoner rates, prompting buyers to finalize their purchases before the costs escalated.
real estate news
Mumbai Witnesses Record Property Registrations in March 2025
Mumbai's real estate market experienced a significant surge in housing registrations in March 2025, ahead of the scheduled increase in reckoner rates.