BMC
Latest News and Stories related to BMC
Reduction in Property Tax for Apartments in Mumbai
Monday, May 14th, 2012Builders will protest against clearance delays
Tuesday, April 24th, 2012The members of Maharashtra Chamber of Housing Industry (MCHI) and Confederation of Real Estate Developers’ Association of India (Credai), have decided to go on a token strike and on May 3. This decision is taken to protest the lack of continuity in policies and inordinate delays in getting clearances for various projects. According to the [...]
BMC is preparing action plan for demolishing illegal shrines
Wednesday, April 18th, 2012The Brihanmumbai Municipal Corporation (BMC) is preparing an action plan in respect of demolition of 666 illegal shrines. In 2010, BMC passed a resolution for demolishing all illegal shrines. Following strong resistance from locals, the government had issued another subsequent resolution in March 2011, stopping the demolition drive. Now the government is planning to regularize [...]
Property prices going unrealistic in Mumbai
Monday, April 16th, 2012The Bandra-Khar popularly known as Mumbai’s costliest real estate belt is experiencing unrealistic property prices. As well known, the property prices across India is showing clear signs of real estate market meltdown. Down the lane, within a span of six years the prices of property in Mumbai is spiraling from Rs 15,000 per sq ft [...]
Adoption of open spaces in Mumbai is getting pricey!
Monday, April 9th, 2012After the caretaker scheme has been implemented, the adoption of the open spaces in Mumbai is getting tougher and costlier! The civic authority had earlier proposed to reduce the minimum bidding price but the groups which take care of open spaces feel it is the adoption policy which is stringent. Bandra Bandstand Residents’ Trust which [...]
Unhygienic conditions surround Byculla
Friday, April 6th, 2012Residents of Byculla, Mumbai have been staying in unhygienic condition from past twenty days. The reason being the nearby Masina hospital has flouted all rules and has thrown all biomedical wastes in the neighbourhood. BMC is quiet uninterested in this matter and residents have to bear the unbearable stench and unpleasant view in their locality. [...]
New property tax system in Mumbai has taken a back bench!
Wednesday, April 4th, 2012The new property tax system have been stalled for the third time by the civic body in Mumbai. BMC has stalled the offer to implement the new capital value property tax system. However, the only ease is that there will be a provision for rebate for the owners who pay the tax on or before [...]
Mumbai residents not ready with parking penalty
Thursday, March 29th, 2012The recent news on penalizing the residents who park their vehicles outside on the road did not go well with them. Residents of the apartments in Mumbai and Navi Mumbai are worried about the paying fine. The home minister has plans of penalizing those who park their vehicles beneath flyovers also. Also, residents in Walkeshwar [...]
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