BMC seizes 3,605 properties over unpaid tax in Mumbai, Real Estate News, ET RealEstate

November 25, 2024
1 min read
BMC seizes 3,605 properties over unpaid tax in Mumbai, Real Estate News, ET RealEstate


<p>Representative image </p>
Representative image

MUMBAI: The Brihanmumbai Municipal Corporation (BMC) has seized aor attached 3,605 properties for non-payment of property tax since the beginning of the financial year, an official said on Monday.

As per a release issued by the civic body, of the 3,605 properties, 1,767, the highest number, are in the western suburbs, 1,232 are in the island city, and 606 are in the eastern suburbs.

These properties, including land parcels, residential and commercial buildings, and industrial and commercial establishments, were seized or attached between April 1 and November 25.

The BMC has managed to collect only Rs 218.96 crore dues out of Rs 1,672 crore from these properties, the release said.

The civic body has set a target of collecting Rs 6,200 crore in property tax this financial year, it stated.

The BMC said it plans to take stringent action against property owners who haven’t paid the dues and has sold 90 properties in auctions.

  • Published On Nov 26, 2024 at 08:00 AM IST

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