No property tax on residential properties up to 500 sq ft in Mumbai, says CM Uddhav Thackeray
The Hindu
Decision will benefit over 16 lakh house owners in BMC limits
Property tax on residential units of up to 500 sq ft, located within the Mumbai municipal area limits, will be waived off, Maharashtra Government said on Saturday.
Chief Minister Uddhav Thackeray announced the decision at a meeting of the Urban Development Department earlier in the day, an official release said.
The waiver comes ahead of Mumbai Municipal Corporation elections due next month.
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