Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
The Brihanmumbai Municipal Corporation (BMC) has taken stringent action against tax defaulters by attaching 18 under-construction buildings of DBS Realty in Sangharsh Nagar, Chandivli, to recover outstanding property tax amounting to INR 179 crore. The civic body has issued notices under Section 203 of the Mumbai Municipal Corporation Act, warning that if the dues are not cleared within 21 days, an auction will be initiated. The BMC has set a property tax collection target of INR 6,200 crore for 2024-25 and has already collected INR 4,823 crore. The BMC has listed 500 defaulters, including leading real estate developers and government bodies, with total pending dues soaring to INR 5,397 crore.
The Brihanmumbai Municipal Corporation (BMC) has taken decisive action against tax defaulters by attaching 18 buildings belonging to DBS Realty in Chandivli. According to civic sources, the 18 attached buildings form part of an under-construction Slum Rehabilitation Authority (SRA) project in Sangharsh Nagar, Chandivli. This measure aims to recover property tax arrears amounting to approximately INR 179 crore as part of the civic body's ongoing crackdown on tax evasion. Advertisement
Under Section 203 of the Mumbai Municipal Corporation Act, the BMC issues property attachment and seizure notices to those who fail to pay property tax. If the outstanding dues are not cleared within 21 days, the properties are subjected to an auction process.
Joint Municipal Commissioner (Assessment and Collection) Vishwas Shankarwar confirmed that the BMC has notified the CT survey officer to raise a plinth, preventing the developer from selling the property. The title on the property card will remain uncleared until the tax dues are settled, and subsequently, any goods on the property will be auctioned.
A BMC official stated that the attachment process followed due legal procedures, including hearings to address the developer's grievances regarding property tax assessments. Property tax bills are raised once the land is deemed developable, and in this case, the arrears had remained unpaid for several years.
The BMC has set an ambitious property tax collection target of INR 6,200 crore for the financial year 2024-25. As of now, INR 4,823 crore has been collected between May 26, 2024, and February 12, 2025. To meet the remaining target of INR 1,377 crore by March 31, the civic administration has intensified enforcement against defaulters.
Last year, the BMC recovered INR 10 lakh by auctioning three cars, including a Honda Accord and a Toyota Camry, owned by a realtor with outstanding dues of INR 14 crore. The civic body has even attached a helicopter in previous instances to recover unpaid taxes.
Before proceeding with an auction, the BMC verifies and establishes ownership of the attached properties to prevent legal disputes. The civic authority has also issued similar attachment notices to several commercial and industrial establishments that have defaulted on property tax payments.
To reinforce its tax recovery drive, the BMC has compiled a list of 500 defaulters, including prominent real estate developers, government corporations, and civic offices. As per municipal records, property tax arrears dating back to March 2010 stood at INR 3,242 crore, which has now escalated to INR 5,397 crore due to penalties accrued over the past 15 years. The civic body has begun issuing notices to attach some of these properties.
Property owners who fail to clear their dues within the prescribed timeframe risk facing legal action and additional penalties. The BMC has reiterated its warning to defaulters, urging them to make timely payments to avoid severe consequences.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
