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12% increase in residential property tax proposed by Mumbai Mumnicipal Administration
Q: Hi, from April 1st the owner of a residential property will have to pay only 11.74% more than what is paid now.

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property tax in mumbai
mumbai property tax
revised property tax
increase in property tax
Latest Answer: Yup, Even the BMC Official were confident the new formula would be approved in the standing committee meeting. If the new formula is not approved, then property tax will increase by 27.43%.
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