India, Feb. 13 -- The BMC has initiated e-auction proceedings against six high-value properties after their owners failed to clear property tax dues amounting to Rs.455.48 crore, including penalties. Two other property holders have been served 21-day final notices, failing which their properties will also be put up for auction.

The action, taken on February 12 by the civic body's Assessment and Collection Department, forms part of a special drive against large defaulters who have allegedly failed to pay dues despite repeated notices.

According to the BMC, attachment and distraint (seizure) proceedings were carried out against eight properties across the city. These include open plots, residential land, commercial and industrial premises...