MMRDA Seeks Rs 5.50 Bn Property Tax Waiver on Metro Yards and RMC Plants

01 Jul 2025 CW Team

The Mumbai Metropolitan Region Development Authority (MMRDA) has requested the State Urban Development Department to direct the Brihanmumbai Municipal Corporation (BMC) to waive Rs 5.50 billion in property tax levied on temporary casting yards and Ready Mix Concrete (RMC) plants set up by Metro contractors. This request follows a letter sent by the BMC in December 2024, demanding recovery of the pending dues.

J Kumar Infraprojects was allotted seven plots by MMRDA across various BMC wards—H/East (Santacruz), H/West (Bandra), K/East (Andheri), P/North (Malad), and M/West (Chembur)—to establish casting yards and RMC plants for Metro construction. The company has reportedly refused to pay the property tax, citing a contractual clause that assigns payment responsibility to MMRDA.

On December 9, 2024, BMC’s Joint Municipal Commissioner from the Assessment and Collection Department formally urged MMRDA to address the issue and settle the dues.

In response, MMRDA approached the Additional Chief Secretary of the UD Department in February 2025, requesting that BMC be instructed to waive the tax. In its communication to the BMC, MMRDA stated that coercive recovery actions should be held off until the state government makes a decision on the proposal.

The BMC, amid an ongoing recovery initiative, has identified several major tax defaulters, including real estate firms and government bodies. Total outstanding property tax dues since 2010, including penalties, have reached Rs 220 billion. As part of this drive, the civic body has begun serving notices to large defaulters and plans to auction 25 properties of non-compliant entities in the near future.

News source: Free Press Journal

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..