Updated On: 03 March, 2025 07:11 AM IST | Mumbai | A Correspondent
Revised target of Rs 6200 crore within reach as BMC pushes for final month’s Rs 1200-crore goal; the civic body initially set a target of Rs 4950 crore, which was later revised to Rs 6200 crore

Property tax is the BMC’s primary source of income. Pic/Satej Shinde
The Brihanmumbai Municipal Corporation (BMC) has recovered Rs 5069.77 crore in property tax from April 2024 to February 2025, marking its highest collection in three years. The civic body initially set a target of Rs 4950 crore, which was later revised to Rs 6200 crore. By February, the BMC had collected Rs 5069.77 crore.
Officials from the civic assessment and collection department said, “In one month, we have targeted a collection of Rs 1200 crore.” They also noted that most taxpayers cleared their dues in the last month. In 2022-23, the BMC collected Rs 4994.15 crore, while in 2023-24, the figure dropped to Rs 2860.60 crore. “The recovery of property tax declined due to a pending court case. This year, we are also recovering pending property tax from the last financial year,” an official said.