Home / Mumbai / Mumbai News / Article / BMC's tax recovery hopes crash as seized choppers now worth just Rs 45 lakh

BMC's tax recovery hopes crash as seized choppers now worth just Rs 45 lakh

In headline grabbing move, civic body had seized two Squirrels from Mesco Aerospace before pandemic to recover Rs 1.95 crore in property tax. Delay in auction means they are left with skeletons missing vital parts

Listen to this article :
A modern pre-owned Squirrel costs around $2.4 mn or around Rs 18 crore

A modern pre-owned Squirrel costs around $2.4 mn or around Rs 18 crore

Two helicopters parked at a Juhu hangar seemed like a prized recovery for the BMC after it seized the flying machines from a property tax defaulter in March 2020. While the pending tax was then Rs 1.95 crore, the civic body’s hopes crashed when it found that the choppers are worth a mere Rs 45 lakh as many parts were missing from them.

MESCO Aerospace owed Rs 1.65 crore to the BMC in property tax as of March 2019. The BMC disconnected the water supply to its office but the company still didn’t pay up. The next year, the civic body seized its two Eurocopter AS350 Ecureuil (Squirrel) choppers at Juhu aerodrome. The pending tax has now soared to Rs 2.76 crore.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Mumbai: Had no choice but to hike price, say vada pav sellers

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement