BBMP launches major tax enforcement action targeting 2.75 lakh property owners with ₹787 crore in outstanding dues across Bengaluru, utilizing digital notices and legal mechanisms for revenue recovery.

Bangalore real estate major Puravankara posted a ₹6.7 crore net loss in Q1 FY26 despite achieving 6% pre-sales growth, as revenue declined 20% amid rising operational costs.

The Brihanmumbai Municipal Corporation (BMC) announced on July 21, 2025, that it had successfully collected approximately ₹269 crore in property tax from commercial establishments operating within Mumbai's slum settlements for the first time in the civic body's history.

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.

BMC collected a record ₹5,847 crore in property tax over nine months in 2024, with December alone contributing ₹2,501 crore. Strategic campaigns and extended office hours boosted collections, with the western suburbs leading contributions.

February 2024 saw record property registrations in Mumbai's real estate market. Under the Brihanmumbai Municipal Corporation's (BMC) authority, 12,040 units were registered by 8 p.m. on Thursday, with predictions of a little rise.

Mumbai real estate, the centre of the Indian property sector, saw a dazzling increase in registrations during Navratri. Under BMC's oversight, property registrations rose to 4,594 units from October 15th to 23rd, 2023.

Revenue Minister Krishna Byre Gowda said the Karnataka Stamps and Registration Department collected Rs 311 crore and registered 26,058 documents on September 27, a record single-day collection.