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BMC

45 posts
India’s real estate sector recorded USD 4.3 billion in PE investments across 60 deals in FY26, marking a 7-year high, with office assets leading and domestic capital hitting a multi-year peak.

Maharashtra Releases ₹5,585 Crore GST Compensation to Municipal Corporations for April–May 2026

The Maharashtra Urban Development Department has approved ₹5,585.68 crore in GST compensation for 29 municipal corporations covering April and May 2026, with BMC topping the list at ₹2,587.55 crore and Pune and Pimpri-Chinchwad close behind at ₹485 crore and ₹457 crore respectively.
Mumbai’s BMC will introduce an AI-driven platform to speed up real estate approvals, improve transparency, and enhance ease of doing business for developers and investors.

BMC Issues 21-Day Notice for Auction of 12 Mumbai Properties to Recover ₹379 Crore in Unpaid Property Tax

BMC has issued a long notice for the potential auction of 12 properties in Mumbai to recover ₹379 crore in unpaid property taxes, granting owners 21 days to clear dues before proceeding with the sale process.
In a scathing order, Bombay HC has exposed CIDCO’s 37-year-old “forgotten land” scandal in Navi Mumbai and ordered fresh acquisition under the 2013 Act with full compensation — a landmark blow for property rights.

Only ₹11 Fine Each on Two Top BMC Officials for Delaying Court Orders to Demolish Illegal Structures

In a stinging order, the Bombay High Court imposed a token ₹11 cost each on two senior BMC officials for delaying compliance with its directions to demolish an illegal mezzanine floor in Kirti Chambers, Fort — underlining that civic authorities cannot treat court orders casually.
Bombay High Court slams BMC for allowing illegal structure to exist for decades next to a ward office in Santacruz; orders inquiry into officials' dereliction while dismissing petitioner's appeal with ₹5 lakh costs.

BMC Commissioner Directed to Hold Inquiry into How Illegal Structure Existed for Decades Next to a BMC Chowki

Bombay High Court slams BMC for allowing illegal structure to exist for decades next to a ward office in Santacruz; orders inquiry into officials’ dereliction while dismissing petitioner’s appeal with ₹5 lakh costs.
The Bombay High Court on March 6, 2026, dismissed a petition alleging a co-op society's voters' list ballooned from 23 to 61 members, ruling petitioners ignored the objection remedy and that factual disputes require evidence, not writ jurisdiction.

Bombay High Court Slams BMC for ‘Bureaucratic Lethargy’: Dismisses Appeal After 1,526-Day Delay in Property Tax Case

The Bombay High Court has sharply criticised the BMC for a 1,526-day delay in a property tax appeal, calling its excuses unacceptable and dismissing the case, warning that such lethargy could cost the city vital revenue.