Mumbai residents are reporting property tax hikes far beyond BMC's stated 15%, with some bills rising over 25%. Here's a breakdown of the 2025 tax surge, resident reactions, and the pending reforms.

Mumbai homeowners confront steep property tax increases of up to 40% as BMC's controversial hike triggers legal challenges and political outcry across the city.

The Finance Budget 2024's LTCG tax parity at 12.5% for all financial assets and angel tax elimination would promote family office investments in India's startup ecosystem. This should boost early-stage investments and exit opportunities.

CapitaLand India Trust (CLINT), a major real estate investor, bought BlueRidge 3 Phase 1 in Pune's IT corridor. This purchase, worth INR 773 crore, in Hinjewadi, the IT centre, shows CLINT's dedication to creating innovative and growing commercial spaces.

Walton Street BlackSoil, renamed WSB Real Estate Partners, wants to raise more money. With its 700-crore second fund expected to be fully deployed in a few months, the business is focused on south Indian markets.

Property tax or house tax is the amount that the property owners have to pay either to the area's municipal corporation or local government. The owners of all the tangible real estate properties (residential or commercial) like offices, houses, buildings, etc.