BMC notices Mumbai Metro contractors for Rs 3.7- bn tax
RAILWAYS & METRO RAIL

BMC notices Mumbai Metro contractors for Rs 3.7- bn tax

The assessment and collection department of the Brihanmumbai Municipal Corporation (BMC) issued a notice to contractors working on the Mumbai Metro rail project. The notice stated that they had failed to pay property tax amounting to over Rs 3.7 billion. It was mentioned by the BMC that, due to ongoing Metro construction activities at various locations, the contractors were responsible for paying property tax for the casting yard plot.

Delays in payment were reported, and notices were served to companies including HCC ? MMC, CEC ? ITD, Doga Soma, and L&T. It was informed that in March 2022, the BMC had seized 24 properties of Mumbai Metro One, including Azad Nagar, Versova, and DN Nagar metro stations, due to non-payment of property tax since the commencement of operations.

It was also stated that the BMC had managed to collect Rs 22.13 billion in property tax so far, out of its target of Rs 45 billion for the fiscal year 2023-24. Property tax was noted as the second-highest revenue source for the municipal corporation. The BMC mentioned that it was prioritising the recovery of pending property tax. Notices had been issued to several contractors involved in the Mumbai Metro Rail project, and the names of contractors who were yet to fulfil their property tax obligations for the casting yard had been publicly disclosed.

The assessment and collection department of the Brihanmumbai Municipal Corporation (BMC) issued a notice to contractors working on the Mumbai Metro rail project. The notice stated that they had failed to pay property tax amounting to over Rs 3.7 billion. It was mentioned by the BMC that, due to ongoing Metro construction activities at various locations, the contractors were responsible for paying property tax for the casting yard plot. Delays in payment were reported, and notices were served to companies including HCC ? MMC, CEC ? ITD, Doga Soma, and L&T. It was informed that in March 2022, the BMC had seized 24 properties of Mumbai Metro One, including Azad Nagar, Versova, and DN Nagar metro stations, due to non-payment of property tax since the commencement of operations. It was also stated that the BMC had managed to collect Rs 22.13 billion in property tax so far, out of its target of Rs 45 billion for the fiscal year 2023-24. Property tax was noted as the second-highest revenue source for the municipal corporation. The BMC mentioned that it was prioritising the recovery of pending property tax. Notices had been issued to several contractors involved in the Mumbai Metro Rail project, and the names of contractors who were yet to fulfil their property tax obligations for the casting yard had been publicly disclosed.

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?