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Mumbai Property Tax Hiked by 16% as BMC Revises Capital Values After 9 Years

BMC has increased Mumbai’s property tax by nearly 16% due to a rise in ready reckoner rates. Flats below 500 sq ft remain exempt. Garbage tax levy has been deferred.

By Admin

  • 1st Jun 2025
  • 1159 Views
7 Reasons Why Mumbai’s Unsold Luxury Inventory Surged in Q1 2025

Mumbai’s luxury housing segment saw a sharp 36% rise in unsold inventory in Q1 2025, driven by aggressive new launches, rising prices, and shifting buyer preferences. This piece decodes the top reasons behind the slowdown and what it means for the city’s high-end real estate market.

By Admin

  • 1st Jun 2025
  • 1176 Views
Mumbai Residents Allege Steeper Property Tax Hikes Than BMC's Claimed 15% Cap

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.

By Admin

  • 31st May 2025
  • 1163 Views
Mumbai Property Tax 2025 – Higher Bills Due to Revised Ready Reckoner, No Rate Hike

Mumbai’s 2025 property tax bills rose due to revised Ready Reckoner property valuations - not because of any increase in tax rates. Here’s what every homeowner needs to know.

By Admin

  • 30th May 2025
  • 1169 Views
Mumbai Property Tax Increase - 40% Hike Sparks Legal Battle - Homeowners Face Financial Challenges

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.

By Admin

  • 29th May 2025
  • 1163 Views
Andheri West Property Rates 2025: Area-wise Guide for Homebuyers & Investors

Discover average property prices, ready reckoner rates, investment zones, and growth trends in Andheri West. Your complete 2025 real estate market guide.

By Admin

  • 28th May 2025
  • 1243 Views
Maharashtra Ready Reckoner Rates City-Wise Breakdown & Stamp Duty Impact

Explore Maharashtra's revised Ready Reckoner Rates for 2025-26 with city-wise hike details, premium charges for high-rise flats, and stamp duty calculations. Essential for buyers, sellers, and investors.

By Admin

  • 22nd May 2025
  • 110 Views
Nagpur Misses Stamp Duty Target by ₹125 Cr in FY25 – Experts Cite Slow Transactions, Modest Rates

Nagpur's stamp duty collections for FY 2024–25 stood at ₹1,675 crore, 7% below the target of ₹1,800 crore. Experts cite weak property transactions and slow growth in ready reckoner rates as key reasons.

By Admin

  • 19th May 2025
  • 1182 Views
Ready Reckoner Rates Explained: The Guide to Smarter Property Deals

Discover how Ready Reckoner Rates impact stamp duty, property pricing, and negotiations. Save lakhs by using these official rates wisely when buying or selling real estate in India.

By Admin

  • 13th May 2025
  • 1175 Views
Major Relief for Mumbai’s Cessed Building Occupants as MHADA Slashes Extra Area Charges

In a move to accelerate rehabilitation, MHADA has lowered charges for extra space allotment to 100% of RRR for eligible cessed building residents, applicable from December 2023 onwards.

By Admin

  • 27th Apr 2025
  • 1246 Views
How Circle Rates Impact Property Deals in Uttarakhand

Discover how circle rates affect property prices in Uttarakhand. From tax implications to area-wise rates—this guide has you covered.

By Admin

  • 16th Apr 2025
  • 1362 Views
Complete Guide to Ready Reckoner Rates in Maharashtra

Discover Maharashtra’s Ready Reckoner Rates for 2025. City-wise property rates, stamp duty insights, premium floor charges, and real estate impact across Mumbai, Pune, Thane & more.

By Admin

  • 11th Apr 2025
  • 1513 Views
RR Rate Hike in Mumbai: 5-10% Rise Coming in 2025 - What You Should Do Now

Mumbai’s property market faces a Ready Reckoner rate hike. Understand the impact, risks, and why completing your transaction before March 31 could save you lakhs.

By Admin

  • 31st Mar 2025
  • 1319 Views
Guide to Ready Reckoner Rates in Bangalore: Area-wise Circle Rates & FAQs

Planning to buy property in Bangalore? Get area-wise ready reckoner rates, understand guidance value, and get answers to FAQs. Must-read for smart property buyers.

By Admin

  • 28th Mar 2025
  • 1308 Views
Ready Reckoner Rates in Navi Mumbai Explained: 2025 Area-Wise Breakdown

Get an area-wise list of Navi Mumbai's 2025 ready reckoner rates for residential, commercial, and industrial properties. A must-read for smart property investors.

By Admin

  • 26th Mar 2025
  • 1596 Views
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