India, March 8 -- The Brihanmumbai Municipal Corporation (BMC) has issued long-term e-auction notices to the owners of 34 properties, including vacant land, commercial buildings, hotels and mixed-use premises, for failing to clear property tax dues. The civic body said the 34 defaulters collectively owe Rs.548.69 crore in pending property taxes.
Of the 34 defaulters who received notices, the civic body chose to put up 11 properties for e-auction. However, a senior civic official said that, for now, only six properties have been put up for e-auction, because as soon as the process began, five other property defaulters cleared arrears of Rs.10.45 crores and managed to stall auction action against them.
The six properties currently listed ...
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