{"id":15271,"date":"2013-03-13T06:17:14","date_gmt":"2013-03-13T06:17:14","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=15271"},"modified":"2020-06-15T04:20:50","modified_gmt":"2020-06-14T22:50:50","slug":"15271-outrage-against-new-property-tax-in-mumbai","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/15271-outrage-against-new-property-tax-in-mumbai\/","title":{"rendered":"Outrage Against New Property Tax in Mumbai"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-15272\" alt=\"property-tax-outrage\" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/03\/property-tax-outrage.jpg\" width=\"300\" height=\"250\" \/>Mumbai<\/strong>: The calculation of property tax using the new capital value-based system is creating troubling currents in Mumbai&#8217;s air. Let&#8217;s look why: A resident in Marol who lives in a 300 sq ft house (that costs around 1 crore) paid a tax of about Rs 13,900 while a resident of a 10,000 sq ft flat at Colaba (that costs around 12 crore) paid Rs 5200. What can be the answer to this miscalculation? Thus the reaction of the residents sparked with anger resulting into an outrage that includes around 35,000 housing societies and multiple NGO&#8217;s.NGOs like Watchdog Foundation, SOUL, the Bombay Catholic Sabha and Federation of Housing Societies also participated along with people against the civic body. It is asked from the authority to bring back the old method of calculating property tax because people are upset with the new system that is faulty and unacceptable. The mass agitators also decided go on 1-day hunger strike at Azad Maidan before April. The mismanagement of BMC is making it hard for people who have to pay unusual amount of tax.Apart from that the BMC is also lagging to carry out the survey of slums in the city as it is planned to include the slums areas into the property tax circle.&nbsp;<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The calculation of property tax using the new capital value-based system is creating troubling currents in Mumbai&#8217;s air. Let&#8217;s look why: A resident in Marol who lives in a 300 sq ft house (that costs around 1 crore) paid a tax of about Rs 13,900 while a resident of a 10,000 sq ft flat [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15271","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Outrage Against New Property Tax in Mumbai -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/15271-outrage-against-new-property-tax-in-mumbai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Outrage Against New Property Tax in Mumbai -\" \/>\n<meta property=\"og:description\" content=\"Mumbai: The calculation of property tax using the new capital value-based system is creating troubling currents in Mumbai&#8217;s air. 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