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Why is There a Huge Disparity in Property Tax Between New and Old Luxury Towers in South Mumbai?
Luxury skyscrapers in South Mumbai impose financial challenges on occupants. Luxury living in south Mumbai is exemplified by Tardeo's 60-story Imperial Heights, with 220 apartments of various sizes. Maintaining and paying property tax might cost residents Rs 70,000 to Rs 2 lakh per month.
- 14th Feb 2024
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