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Home > Mumbai > Mumbai News > Article > Mumbai BMC collects Rs 2200 crore property tax

Mumbai: BMC collects Rs 2,200 crore property tax

Updated on: 28 March,2024 12:47 PM IST  |  Mumbai
mid-day online correspondent |

BMC said the assessment and collection department has collected the amount, and the highest chunk of Rs 174.15 crore was collected in the K-West ward in western suburbs, followed by the S-ward (Rs 170.77 crore) and H-East ward (Rs 168.34 crore)

Mumbai: BMC collects Rs 2,200 crore property tax

Representational Image. Pic/iStock

The Brihanmumbai Municipal Corporation (BMC), the richest civic body in the country, said it has collected Rs 2,213 crore through property tax in the current fiscal.


In a release issued on Wednesday, it said the assessment and collection department has collected the amount, and the highest chunk of Rs 174.15 crore was collected in the K-West ward in western suburbs, followed by the S-ward (Rs 170.77 crore) and H-East ward (Rs 168.34 crore).


The civic body collected Rs 9.51 crore property tax from the government-owned properties, it said.


"Among the top 10 property owners whom the department pursued for collection of the tax was a private company from the S-ward in the eastern suburbs. The property tax bill of the company was Rs 49.12 crore, followed by another company from G-south ward in the city having a Rs 20.84 crore property tax bill," it said.

The department is currently focusing on the recovery of large property tax bill arrears in the city and its suburbs, besides the recovery of past dues, the release said.

The civic body also highlighted that continuous efforts are being made in different ways to meet the property tax collection target for the financial year 2023-24.

Its 24 ward offices are continuously witnessing a heavy rush of citizens for payment of property tax, the BMC said, urging citizens to cooperate by paying their tax before the March 31 deadline.

The civic facility centres in all 24 administrative wards and the BMC headquarters in Fort will remain open from 8 am to 10 pm till March 30 and till midnight on March 31 so that the property owners can pay the tax.

Earlier this week, the Mumbai civic body had said that it has no plans to impose any water cut in the metropolis as sufficient water is available in reservoirs.

"Due to low rainfall between June and September 2023, relatively less water is available in reservoirs, but the water supply to the city won't get affected," the Brihanmumbai Municipal Corporation (BMC) stated on Tuesday.

The state government has also made additional water available for Mumbai from the reserve quota, it said.

A high-level meeting was held at the civic headquarters on Tuesday to review the water supply situation of the metropolis.

"The municipal administration is keeping a close eye on the available water storage in the dam," the BMC said and appealed to citizens to use water sparingly and judiciously.

Mumbai gets its daily water supply from seven different lakes - Tansa, Bhatsa, Modak Sagar, Tulsi, Vihar, Upper Vaitarna, and Middle Vaitarna. Most of these lakes are located on the outskirts of Mumbai and in neighbouring Thane and Nashik districts.

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