BMC to waive off around Rs 41 cr property tax for hotels

25 Sep 2021 CW Team

The Brihanmumbai Municipal Corporation (BMC) has proposed a wellness package for 234 hotels in Mumbai that offered room to quarantine high-risk patients and international passengers during the second wave of the Covid-19 pandemic.

According to the officials, property taxes of about Rs 41.9 crore are to be waived off from February to May.

In 2020, from April to June, BMC waived property taxes of Rs 22 crore for 182 hotels and lodges during the first wave of the Covid-19 pandemic.

BMC has proposed the second wellness package in front of the civic standing committee. As per the package, the health department of BMC will pay Rs 41.9 crore to the property tax department from February to May.

Declining the proposal, Congress said that BMC could not selectively waive off the tax. Slamming BMC for not waiving the tax for structures up to 500 sq ft.

Congress Corporator, Ravi Raja, told the media that the five-star hotels had charged the patients and international passengers for food and stay.

Ravi Raja further said that the Shiv Sena failed to provide a 100% property tax waiver for structures less than 500 sq ft, but it will waive off the tax for five-star hotels.

Last year, the standing committee of the Shiv Sean proposed to give a tax waiver to 182 hotels and lodges for Rs 22 crore from April to June since they were taken over as quarantine centres for patients and travellers from Vande Bharat flights.

The wellness package proposal was cleared despite other political parties like Congress, Nationalist Congress Party (NCP), Bharatiya Janata Party (BJP) and Samajwadi Party, opposing the proposal, saying that out of the 182 hotels, various have defaulted on their property tax payments.

Image Source

Also read: Bengaluru property owners wait for BBMP to waive property tax penalty

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..