
Under the earlier structure, residential properties were taxed at INR 2.40 per square foot per month, while non-residential properties were charged INR 4.50 per square foot per month.
As per the newly approved rates, residential properties will now be taxed at INR 4 per square foot per month, and non-residential properties at INR 6 per square foot per month. The revised rates were approved by Mayor Dimple Mehta.
The new tax rates will be applicable to newly registered properties from April 1, 2026.
The decision faced opposition from the Congress party and the Shiv Sena-led development alliance. Notably, BJP corporator Neela Soans also reportedly opposed the hike.
Jay Thakur, leader of the development alliance, alleged that the ruling BJP is repeatedly imposing tax hikes on citizens by using its majority power. He criticized the move, stating that the civic body has increased taxes without addressing persistent civic issues in the city. He also questioned how the additional revenue generated from the hike would be utilised.
The decision is expected to increase the financial burden on residents and has triggered strong reactions across the city.
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