Tag: #Property Tax

Property Tax

BMC has not yet dispatched Property bills with ‘Waiver’ which was announced 5 months ago.

September 19, 2019

By Abhay Shah, Realty Quarter It has been more than five months since the announcement of a new property tax bill spanning 500 sq ft or less from the Brihanmumbai Municipal Corporation (BMC) has been done, meanwhile, this has not yet happened by the municipal authority. The press release announcing the delivery of the proposal […]

BMC has not yet dispatched Property bills with ‘Waiver’ which was announced 5 months ago.more
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
Property for rent

Important Aspects of Investing in a Property to earn Rental Income.

April 8, 2019

By Abhay Harish Shah , Realty Quarter Buying a property and leasing it for some commercial or residential use is foremost the best activity taken place in India. Many people purchase land and construct the plot according to the surroundings needs and demand. People can think to build a moderate space and lease it to […]

Important Aspects of Investing in a Property to earn Rental Income.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