real estate trend in Mumbai
BMC’s 20 per cent property tax hike to pinch customers
Property holders in Mumbai are likely to pay higher property taxes in the new year as The Brihanmumbai Municipal Corporation (BMC) has decided to add 20 per cent area to carpet area to calculate the property tax. The Bombay High Court had directed the BMC to see whether the formula to calculate the property tax […]
Mumbai Real Estate – Constraint-Driven Growth Pattern
Mumbai city was originally reclaimed from the sea by joining seven islands, with the intention of creating a shipping and trading hub for the British. However, the city that resulted from this exercise attracted a magnitude of population which was very disproportionate to that in any of the surrounding regions. The MMR was notified in […]
