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BMC to e-auction six high-value properties over ₹455 crore property tax arrears

Feb 13 2026

BMC to e-auction six prime properties over ₹455 crore property tax arrears

Mumbai, Feb 13, 2026:
The Brihanmumbai Municipal Corporation (BMC) has initiated e-auction proceedings against six high-value properties across the city after their owners failed to clear property tax arrears amounting to ₹455.48 crore, including penalties. The action is part of a special recovery drive against major defaulters undertaken by the civic body’s Assessment and Collection Department.

Officials said attachment and distraint (seizure) proceedings were carried out against eight properties on February 12. Of these, six have been taken up for public e-auction, while two property owners have been served final 21-day notices. If dues are not cleared within the stipulated period, these properties too will be auctioned.

The properties identified for e-auction are located across multiple wards and include hotels, commercial premises, residential land and industrial units.

Properties identified for e-auction

  • Hotel in Goregaon West owned by Aamir Park & Amusement Pvt Ltd
    Reserve price: ₹268.16 crore

  • Shops and offices in Bandra West owned by Bhikabhai and Upadhyay and M J Bhatt
    Reserve price: ₹51.42 crore

  • Residential plot in Dahisar owned by Vikalal Investment Company
    Reserve price: ₹34.81 crore

  • Open plot in Parel held by trustees Laxman Raghunath Shetye and Gopal Pundalik Shetye
    Reserve price: ₹34.14 crore

  • Oil mill, warehouse and office in Mazgaon owned by Jayant Oil Mill
    Reserve price: ₹23.20 crore

  • Commercial air-conditioned shed in Kurar village, Malad owned by Bacchubhai Daschov & Co
    Reserve price: ₹9.23 crore

Civic officials said the drive targets chronic large defaulters who failed to respond to repeated notices issued over the past several months. “The e-auction process will be conducted as per prescribed norms and procedures. Proceeds from the sale will be adjusted against outstanding property tax dues,” a senior BMC official said.

The corporation is expected to intensify recovery action against other major defaulters in the coming weeks as part of its revenue augmentation measures.




October

The Brihanmumbai Municipal Corporation (BMC) has announced the sale of 426 “inclusive homes” across Mumbai, with the online application process now open. The scheme is targeted at individuals from the Economically Weaker Sections (EWS) and Lower Income Groups (LIG) — those with an annual income of up to ₹9 lakh.

The homes, spread across prime city locations such as Kandivali, Bhandup, Jogeshwari, Goregaon, Byculla, and Kanjurmarg, range in size from 322 sq ft to 645 sq ft and are priced between ₹60 lakh and ₹1 crore.

The civic body expects to generate around ₹300 crore from this sale. However, housing experts argue that despite being labeled “inclusive,” these homes are still far from affordable for the intended segments.

Application and Lottery Schedule

  • Applications Open: October 16, 2025, 10:00 AM

  • Last Date to Apply: November 14, 2025, 5:00 PM

  • Eligible Applicants List: November 18, 2025

  • Lottery Draw: November 21, 2025, 5:00 PM

Interested buyers can apply through the official BMC housing portal:
 https://bmchomes.mcgm.gov.in

Boucher

For assistance, applicants can contact the BMC Estate Department at 022-22754553 or email bmchomes@mcgm.gov.in.

Distribution of Flats

This marks the first time in BMC’s history that it is selling flats acquired under Regulations 15 and 33(20)(B) of the Development Control and Promotion Regulations (DCPR), 2034, which came into effect in 2018.

  • 186 homes were obtained under Regulation 15, which mandates that 20% of the area or flats in residential projects on plots larger than 4,000 sq. m must be handed over to BMC. Of these, 20% are reserved for project-affected persons (PAPs).

  • 240 homes at Bhandup were acquired under Regulation 33(20)(B) for EWS housing, each measuring 322 sq ft or below.

Category-wise Allocation

  • EWS Category: 122 homes (up to 322 sq ft)

  • LIG Category: 64 homes (up to 645 sq ft)

  • EWS Bhandup Homes: 240 units

  • Kanjurmarg Homes: 27 units require minor repairs before occupancy

The flats are primarily located in Borivali, Marol, Jogeshwari, Goregaon, Malad, Kandivali, Byculla, and Kanjurmarg.

Pricing and Controversy

While BMC maintains that the flats are priced at ready reckoner rates as per DCPR provisions, critics argue that the pricing defeats the purpose of “affordable housing.”

Housing expert Chandrashekhar Prabhu commented:

“These homes may be slightly cheaper than the market rate, but they are not affordable. A house is considered affordable if it costs within five years of a person’s annual income. Here, it’s at least ten years. Who will pay ₹60 lakh for a 300 sq ft home when they can get a proper 2BHK in Navi Mumbai for the same cost? The policy benefits builders, not buyers.”

He further added that the inclusive housing policy has failed to make housing genuinely affordable for low-income citizens, citing the builder-politician-bureaucrat nexus as the major obstacle.

BMC’s Stand

A senior official from the Estate Department defended the pricing, stating that the valuation adheres strictly to the ready reckoner rates, ensuring transparency. The civic body also claimed that this sale is being conducted to maximize utilization of acquired housing stock and offer ownership opportunities to eligible citizens.

How to Apply

Eligible applicants can visit the BMC Homes website to apply:
 https://bmchomes.mcgm.gov.in

For support:
 022-22754553
 bmchomes@mcgm.gov.in
 Or contact the Assistant Commissioner (Estate Department) at the BMC headquarters.

The BMC’s inclusive housing sale is a landmark initiative under DCPR 2034, aiming to make Mumbai’s real estate more accessible. However, the debate around true affordability continues, with experts calling for a more realistic approach to housing for the city’s working-class population.