Updated On: 20 December, 2024 10:09 AM IST | Mumbai | Sameer Surve
Encroached plots to be added in land bank; new leases to boost revenue

The BMC is exploring new revenue sources. File pic/Ashish Raje
The Brihanmumbai Municipal Corporation (BMC)-owned land parcel may soon witness significant changes, including an increase in the area it officially owns. At present, while calculating the size of its land bank, the BMC often excludes encroached areas, even if the plot legally belongs to the civic body. However, the corporation now plans to include encroached areas when determining the total size of its land bank.
During a review of properties owned by the BMC, the estate department observed that encroached plots might have been overlooked in some cases. Officials estimate that around 10 to 15 per cent of BMC-owned properties are not accounted for. An officer involved in the project stated that the estate department has recently recorded 10,000 properties.