Tag: #Property Tax

Property Tax

Waiver of taxation for property in Mumbai approved for apartments of up to 500 sq ft.

July 4, 2019

By Abhay Shah, Realty Quarter On Monday, the state legislative council approved the law giving a tax exemption for residential properties whose carpet area is within 500 square feet. While the proposal was tabled, Devendra Fadnavis, said that the government chose to waive property tax in Mumbai only because the BMC is financially viable and can achieve the […]

Waiver of taxation for property in Mumbai approved for apartments of up to 500 sq ft.more
Tax

Flat owners in buildings with OC to get individual tax bills: BMC

April 13, 2018

By Realty Quarter Bureau The Brihanmumbai Municipal Corporation today announced that personalized property tax bills will be issued to the people who own flats in those buildings that will get Occupation Certificates (OCs) from this month. The civic body also said that under the new property tax system, those who pay the tax promptly will get […]

Flat owners in buildings with OC to get individual tax bills: BMCmore