Civic body to restore property tax on sub-500 sq ft housing units, Real Estate News, ET RealEstate

MUMBAI: Dwelling units in Mumbai of less than 500 sq feet will soon attract higher property tax than in the previous year. “It was a mistake,” said municipal commissioner Iqbal Chahal about the previous year’s assessment. “The state legislature while amending the BMC Act had allowed the waiver of only general tax. Instead of waiving […]

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