With the financial situation grim, the BMC is considering revising the Property Tax rates in the upcoming fiscal year - FY 2021-22. The civic body was supposed to revise the rates last year, but had to postpone it by a year because of the COVID-19 pandemic.

The Brihanmumbai Municipal Corporation awaits a court judgement related to a component in the new rules implemented in 2012. It plans to go ahead and revise the rates as soon as the order is here. Mumbaikars might then have to cough up an additional 10 to 18 per cent while paying their property tax.