Property tax waiver for homes less than 500 sq ft

04 Jan 2022 CW Team

Chief minister Uddhav Thackeray declared a complete property tax waiver for all houses measuring less than 500 sq ft in Mumbai.

BMC chief Iqbal Chahal told the media that the property tax waiver is complete and would be applicable from January. Recently, the BMC mopped up Rs 11,000 crore in premiums from the construction industry after the government declared a 50% waiver in premiums on account of the Covid-19.

Chahal said that till December 31, the BMC had additionally collected Rs 3,450 crore in property tax when its aim was just Rs 800 crore. For 2021-22, the property tax aim is Rs 5,000 crore, and they shall effortlessly cover it, he said, adding the waiver would cost the BMC about Rs 463 crore.

Thackeray had held a meeting of Shiv Sena leaders from Mumbai, comprising urban development minister Eknath Shinde, his son and guardian minister for Mumbai suburbs Aaditya Thackeray, mayor Kishori Pednekar and Congress leader and island city guardian minister Aslam Shaikh.

The chief minister said that the party had given a similar waiver in 2017, but this time it is a complete waiver and would come into effect immediately.

Image Source

Also read: Tax Adalat to address property tax issues from 22 November

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..