After a gap of 12 years, the BMC is finally set to auction properties that were attached over non-payment of property tax and has sought expression of interest from auctioneers for the same. The civic body has attached more than 2,875 properties worth over Rs 3,047.76 crore over the past three years, since it started a crackdown on property tax defaulters.

“We are in the process of appointing an agency to conduct the auction, which will be held in the next few months. This type of auction will be conducted for the first time after implementing capital base property tax,” said Deputy Municipal Commissioner Sunil Dhamne.