Mumbai BMC hits record 94% property tax recovery, eyes full target

Mumbai's BMC has achieved 94.12% property tax recovery, collecting ₹6,910 crore of its ₹7,341 crore FY26 target so far. Officials expect to reach 100% by March 31, as last-day payments surge. The civic body intensified action against defaulters, attaching thousands of properties and extending payment hours across facilitation centres.