Updated On: 23 November, 2024 07:15 AM IST | Mumbai | Sameer Surve
Property seizures to begin as civic body serves notice to top twenty defaulters

The BMC has set a target of collecting R4,550 crore in property tax this year. File Pic/Ashish Raje
The Brihanmumbai Municipal Corporation (BMC) has taken strong action against the city’s top 20 property tax defaulters, who collectively owe Rs 822 crore. The BMC needs to collect R3,178 crore in the next four months to meet its financial target.
According to a BMC official, notices have been issued to the top 20 defaulters owing Rs 822 crore. The seizure notices were issued under Article 203 of the BMC Act, 1888. This article gives defaulters a 90-day period to pay their property tax. If the payment is not made within this period, a final 21-day notice is issued, after which the process of property attachment begins, the official explained.