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	<title>Property News India and Featured Real Estate Stories &#187; Civic Act</title>
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		<title>BMC introduces new Property tax</title>
		<link>https://groups.commonfloor.com/news/bmc-introduces-new-property-tax-7647</link>
		<comments>https://groups.commonfloor.com/news/bmc-introduces-new-property-tax-7647#comments</comments>
		<pubDate>Wed, 21 Sep 2011 05:40:03 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Municipality]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[BMC]]></category>
		<category><![CDATA[Brihanmumbai Municipal Corporation]]></category>
		<category><![CDATA[Civic Act]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[property tax]]></category>

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		<description><![CDATA[Brihanmumbai Municipal Corporation (BMC) has introduced new property based tax system that would hit the vacant ownership as well as self-occupied properties in the Mumbai city. This property tax exemption holds good both for owner as well as the tenants of the new buildings in both residential and commercial segments. The property tax percentage is said [...]]]></description>
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