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Mumbai Property Tax Bills Jump Nearly 16% After Decade-Long Freeze; Waste Collection Fee Deferred

It stems from a Ready Reckoner valuation update that lifted taxable property values citywide.

Mumbai, India - May 16, 2025: BMC`s garbage truck collecting garbage from designated area at Prabhadevi in Mumbai, India, on Friday, May 16, 2025. (Photo by Anshuman Poyrekar/ Hindustan Times) (Hindustan Times)
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MUMBAI  (20)
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Overview

  • The BMC’s first tax revision since 2015–16 produced a 15.89% average increase for 2025-26 bills.
  • A 3.39% Ready Reckoner rate hike in March translated into locality-based spikes as high as 40%.
  • Residential units smaller than 500 square feet remain exempt under a 2017 state directive.
  • State leaders ordered a pause on the proposed solid waste management fee to ease household budgets.
  • The civic body is owed Rs 14,320 crore by 481 entities, and BJP’s Ravi Raja urged recovery from major defaulters before regular taxpayers bear further hikes.