BMC collects record property tax of Rs 6,198 crore in FY 24-25

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....MC collects record property tax of Rs 6,198 crore in FY 24-25<BR>News and Press Release<BR>Dated:- 1-4-2025<BR>PTI<BR>Mumbai, Apr 1 (PTI) The Brihanmumbai Municipal Corporation (BMC) collected its hig....

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....hest-ever property tax of Rs 6,198 crore during financial year 2024-25, almost meeting its target, officials said on Tuesday. The property tax collection in the last financial year was "record-breaki....

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....ng," the corporation noted in a release. The country's richest civic body had set itself a target of collecting property tax of Rs 6,200 crore, and succeeded in collecting 99.97 percent of the amount....

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...., it said. The G South ward in the Island City which includes areas like Lower Parel and Worli contributed the highest Rs 624.50 crore, followed by K East and K West wards with Rs 526.64 crore and Rs....

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.... 504 crore, respectively. Additionally, Rs 178.39 crore was collected in the form of fines, the release said. PTI KK KRK<BR> News - Press release - PIB....