mumbai properties
Premium on FSI hiked in Mumbai, homes to become more expensive
Mumbaikars should gear up for more expensive homes after Maharashtra Chief Minister issued a notification, increasing both the premium amount and the floor space index (FSI) in Mumbai’s suburbs. This announcement comes after the Maharashtra Budget’s proposal to increase the premium on the floor space index (FSI) to generate more revenue. FSI denotes the total […]
BMC proposes 14 per cent property tax hike
Mumbaikars should prepare themselves to pay higher property tax bills from April 1, 2015. The Brihanmumbai Municipal Corporation (BMC) has proposed to increase the property tax by up to around 14 per cent and this hike has been planned in the revised property tax rules that will be adopted by the BMC till 2019. The […]
