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Mumbai BMC Collects ₹268.77 Crore in Property Tax from Slum Businesses

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.

July 17, 2025
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Maharashtra Launches Drive to Evaluate and Monetize 430 Enemy Properties

Real Estate Mumbai

Maharashtra Launches Drive to Evaluate and Monetize 430 Enemy Properties

Mumbai, 25th June 2025: The Maharashtra State Revenue Department has kicked off a comprehensive initiative to identify, evaluate, and register 430 enemy properties across the state, aiming to boost public revenue and optimize land use.

June 26, 2025
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BMC Faces Tough Revenue Generation Amid Real Estate Crisis

Real Estate Mumbai

BMC Faces Tough Revenue Generation Amid Real Estate Crisis

The Brihanmumbai Municipal Corporation (BMC) is struggling with revenue generation, especially after the real estate crisis and the waiving off of property tax for small houses. Despite a 55% increase in income in the first half of the decade, the second half saw a significant decline.

May 29, 2025
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Andhra Pradesh Achieves 68,000 Property Registrations, Generates Rs 475.44 Crore Revenue in a Week

Real Estate

Andhra Pradesh Achieves 68,000 Property Registrations, Generates Rs 475.44 Crore Revenue in a Week

GUNTUR: In a significant achievement, the Stamps and Registration Department of Andhra Pradesh has recorded 68,000 property registrations, generating a revenue of Rs 475.44 crore in just one week. Real estate experts believe this surge in activity reflect

February 5, 2025
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Maha-Metro Partners with Realty Brokers to Lease Business Spaces at Stations

Real Estate Maharashtra

Maha-Metro Partners with Realty Brokers to Lease Business Spaces at Stations

Pune: The Maharashtra Metro Rail Corporation Limited (Maha-Metro) will collaborate with real estate brokers to lease properties at select stations, generating revenue through property business spaces.

September 8, 2024
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