Mumbai Civic Body Collects Property Tax Worth Rs 22.14 Bn

29 Mar 2024 CW Team

The Brihanmumbai Municipal Corporation (BMC) has successfully collected property tax amounting to Rs 22.14 billion, indicating a significant revenue achievement for the civic body. This robust collection underscores the BMC's efforts to bolster its financial resources and support the delivery of essential services to residents of Mumbai.

The substantial property tax collection reflects the effectiveness of the BMC's taxation policies and revenue mobilisation strategies. By ensuring compliance with property tax regulations and enhancing tax collection mechanisms, the civic body has been able to secure a considerable sum that will contribute to funding crucial urban infrastructure projects and public services.

The BMC's achievement in property tax collection also highlights the importance of citizen participation and cooperation in municipal revenue generation. Through timely payment of property taxes, Mumbai residents play a vital role in supporting the city's development and ensuring the provision of essential amenities such as sanitation, healthcare, and education.

Furthermore, the successful collection of property tax revenue underscores the BMC's commitment to transparent and accountable financial management. The funds collected will be allocated towards various developmental initiatives aimed at enhancing the quality of life for Mumbai's residents and addressing key urban challenges.

Overall, the Brihanmumbai Municipal Corporation's accomplishment in collecting property tax worth Rs 22.14 billion signifies a significant milestone in its efforts to strengthen municipal finances and promote sustainable urban development. As the BMC continues its endeavours to enhance revenue collection and improve service delivery, Mumbai stands to benefit from enhanced infrastructure, better amenities, and a higher quality of life for its residents.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..