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Brihanmumbai Municipal Corporation

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IHCL discloses fresh BMC penalty of Rs 5.51 crore on Taj Lands End, taking total property tax dispute to Rs 103 crore.

BMC Slaps Rs 103 Crore Penalty on Taj Lands End Over Property Tax Dispute

IHCL discloses fresh BMC penalty of Rs 5.51 crore on Taj Lands End, taking total property tax dispute to Rs 103 crore.
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.
“Being the owner gives you preferential rights, but not unlimited time.” In a firm order, SRA removes a private landowner as developer after three years of zero progress on a Lower Parel slum scheme, prioritising slum dwellers’ right to timely rehabilitation.

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.
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.

Three Dilapidated Buildings in Vikhroli Vacated: BMC Launches First Phase of Ambitious 28-Building Redevelopment Project

BMC on Tuesday vacated three critically dangerous buildings in Vikhroli (East), launching the first phase of Mumbai’s maiden civic-led cluster redevelopment of 28 dilapidated municipal structures—ensuring safe, modern homes for hundreds of families in Parksite.