Mumbai, Feb 06: To step up property tax revenue, the Brihanmumbai Municipal Corporation (BMC) is updating property area, usage and ownership records to bring newly tax-eligible units under the tax net.
Officials have been directed to identify and closely monitor major defaulters ward-wise and to launch a special drive against long-pending dues, including notices, penalties, interest, and attachment or auction of properties where required. The directions were issued at a review meeting at the BMC headquarters on Thursday.
Rs 22,000 crore in arrears since 2010
Property tax remains the civic body’s primary revenue source, but cumulative arrears pending since 2010 have ballooned to Rs 22,000 crore, including penalties accrued over the past 15 years.
Collections have declined in recent years due to exemptions for residential units up to 500 sq ft and the absence of any tax revision since 2015–16. Legal challenges to new tax calculation methods further impacted revenue collection in the 2023–24 financial year.
Collections at 73% of annual target
The BMC has collected Rs 5,426.81 crore in property tax between April 1, 2025 and February 4, 2026, which is around 73 per cent of the Rs 7,341 crore target for 2025–26.
Reviewing the collections at the BMC headquarters on Thursday, Additional Municipal Commissioner Dr Ashwini Joshi said, “Taxpayers have been repeatedly urged to pay on time to avoid penalties.”
She warned that deliberate defaulters would face strict action under the law, including attachment and seizure of plots, residential, commercial and industrial properties.
KYC update urged
Joshi has urged property taxpayers to complete the Know Your Customer (KYC) process without delay. KYC is required to keep property details—area, usage (residential, commercial or industrial), ownership, and contact information such as phone number and email—up to date.
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“This will enable accurate property tax assessment and more effective collection. The process can be completed online through the civic body’s official website or offline at the respective administrative ward offices,” Joshi added.
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