BMC Sets Record with INR 5847 Crore Property Tax Collection in 9 Months
- 5th Jan 2025
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The Brihanmumbai Municipal Corporation (BMC) collected ₹5,847.68 crore in property tax between April and December 2024, setting a record. A significant ₹433.87 crore was collected over two days, with ₹173.59 crore on December 30 and ₹260.28 crore on December 31, 2024.
Yearly Targets and Achievements
For the financial year 2024-25, BMC set a property tax collection target of ₹6,200 crore. As of now, 68% of the target (₹4,187.19 crore) has been achieved. In comparison, BMC collected ₹1,660 crore in the entire 2023-24 financial year.
December Breakthrough
December alone saw a collection of ₹2,501.07 crore, the highest monthly figure for the year. Extended working hours and awareness campaigns played a crucial role in this achievement.
Western Suburbs Lead in Contributions
The western suburbs contributed the highest, accounting for ₹2,979.45 crore of the total collection.
Contributions by region:
- Western suburbs: ₹2,979.45 crore
- Eastern suburbs: ₹1,091.10 crore
- The city: ₹1,774.43 crore
Key Facts and Figures
- Total Collection (April–December 2024): ₹5,847.68 crore.
- December Collection: ₹2,501.07 crore.
- Two-Day Collection (December 30–31): ₹433.87 crore.
- Target for FY 2024-25: ₹6,200 crore.
- Collection Achieved So Far: ₹4,187.19 crore (68% of target).
Regional Contributions:
- Western suburbs: ₹2,979.45 crore.
- Eastern suburbs: ₹1,091.10 crore.
- City area: ₹1,774.43 crore.
BMC’s Strategic Efforts
Offices remained open for 14 hours on December 30 (8 AM to 10 PM) and until midnight on December 31 to accommodate last-minute payments.
Awareness campaigns led by senior BMC officials encouraged timely payments.
Extended hours at ward offices and citizen centers maximized collections.
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