3 metro contractors asked to pay ₹300 cr for using govt land
8 months, 3 weeks ago

3 metro contractors asked to pay ₹300 cr for using govt land

Hindustan Times  

MUMBAI: The BMC has slapped a property tax bill of approximately ₹300 crore on three Mumbai Metro Rail Corporation Ltd contractors for utilising a plot of land for a casting yard at Wadala Truck Terminal. The three Mumbai Metro Rail Corporation Ltd contractors took over a plot of land for a casting yard at Wadala Truck Terminal. “ stated that, as per Clause 31 of the Act, they are exempted from payment of property tax, as the plot of land is assessed for a casting yard. However, a casting yard is not covered in the said Clause 31 of the Railways Act.” Joshi further stated in her order, ‘As per Section 146 of the MMC Act 1888, the actual occupier is liable for the payment of property tax.

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Mumbai real estate: BMC declares list of top 10 property tax defaulters who owe it ₹600 crore
1 month ago

Mumbai real estate: BMC declares list of top 10 property tax defaulters who owe it ₹600 crore

Hindustan Times  

Mumbai: The Brihanmumbai Municipal Corporation has issued notices to 100 prominent property tax defaulters in the city, with the top 10 owing the civic body approximately ₹600 crore in total. The Brihanmumbai Municipal Corporation has issued notices to 100 prominent property tax defaulters in the city. The top two defaulters are Raghuvanshi Mills Limited at ₹119.59 crore, followed by 104.78 …

HC interim relief for 4 metro contractors asked to pay ₹370 cr property tax for using govt land
7 months, 4 weeks ago

HC interim relief for 4 metro contractors asked to pay ₹370 cr property tax for using govt land

Hindustan Times  

MUMBAI: The Bombay high court this week granted ad interim relief to four Mumbai Metro Rail Corporation Ltd contractors who were slapped with a property tax bill of ₹370 crore by the BMC for utilising a plot of land as a casting yard at Wadala Truck Terminal. While Dogus Soma JV was liable to pay a property tax of ₹66.64 …

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