CM Uddhav Thackeray on Saturday announced waiving full property tax for homes up to 500 sqft in Mumbai. It is one of the promises that the Shiv Sena had made in its manifesto during the last BMC election in 2017.

Though in March 2019, the then BJP-Shiv Sena government had approved amending the Property Tax Act to effect the waiver, the GR in 2019 only amended section 140 (C) of the Act, which caters to the general tax component.