Get a quote

Major Cities Witness Record Property Tax Collections in 2025

Apr 04 2025

Major Cities Witness Record Property Tax Collections in 2025

Municipal corporations across major Indian cities have reported record-breaking property tax collections in the financial year 2024-25. Several factors contributed to this surge, including digitisation, strict enforcement measures, and increased taxpayer participation. 

 

Mumbai: BMC Achieves Historic Rs 6,198 Crore Collection

The Brihanmumbai Municipal Corporation (BMC) recorded its highest-ever property tax collection, accumulating Rs 6,198 crore in FY 2024-25, nearly meeting its Rs 6,200 crore target. The G South ward, covering Lower Parel and Worli, contributed the highest amount at Rs 624.50 crore, followed by the K East and K West wards at Rs 526.64 crore and Rs 504 crore, respectively.

Bengaluru: BBMP Inches Towards Rs 5,000 Crore Mark

The Bruhat Bengaluru Mahanagara Palike (BBMP) collected Rs 4,800 crore by March 30, 2025. officials aimed to surpass Rs 5,000 crore, banking on last-minute payments. The administration implemented stricter recovery measures, including property auctions for chronic defaulters and enhanced IT systems for tax enforcement.

Chennai: Civic Body Surpasses Rs 2,000 Crore for the First Time

The Greater Chennai Corporation (GCC) collected Rs 2,020 crore in property tax from April 1, 2024, to March 31, 2025, surpassing the previous year’s Rs 1,755 crore. Over Rs 100 crore was collected in the last week of March.

Delhi: NDMC and MCD Struggle to Meet Targets

The New Delhi Municipal Council (NDMC) collected Rs 1,050 crore in FY 2024-25, an increase of Rs 24 crore from the previous year. However, it fell short of its Rs 1,150 crore target. Meanwhile, the Municipal Corporation of Delhi (MCD) collected Rs 2,150 crore, far below its Rs 4,000 crore goal.

Ahmedabad: AMC Reports Four-Year High in Collections

The Ahmedabad Municipal Corporation (AMC) reported a 3.57 per cent increase in property tax revenue, collecting Rs 1,739.90 crore in FY 2024-25 compared to Rs 1,679.98 crore the previous year. AMC also saw growth in professional tax (Rs 270.06 crore) and vehicle tax (Rs 224.42 crore), bringing its total tax revenue to Rs 2,256.31 crore.

Hyderabad: GHMC Crosses Rs 2,000 Crore for the First Time

The Greater Hyderabad Municipal Corporation (GHMC) recorded a property tax collection of Rs 2,034 crore, surpassing the Rs 2,000 crore mark for the first time. The One-Time Settlement (OTS) scheme, offering a 90 per cent waiver on interest for defaulters, significantly contributed to the increase.

Thane: Near-Target Achievement at Rs 810 Crore

The Thane Municipal Corporation (TMC) collected Rs 810 crore in property tax for FY 2024-25, achieving 95 per cent of its Rs 850 crore target. The Majiwada-Manpada ward led with Rs 246.14 crore. The corporation attributed its success to digital payment options and awareness campaigns.

Nashik: Highest Collection in 40 Years

The Nashik Municipal Corporation (NMC) collected Rs 256 crore, marking a 25 per cent rise compared to FY 2023-24. This was the highest collection in NMC’s 40-year history. The administration incentivised early payments by offering a rebate of up to 10 per cent for online transactions.

Pimpri-Chinchwad: Record Rs 966 Crore Collection

The Pimpri-Chinchwad Municipal Corporation (PCMC) collected Rs 966 crore in property tax in FY 2024-25, with 5.02 lakh regular taxpayers and 92,465 newly assessed properties contributing to the record-breaking figure.

Ludhiana and Mohali: Rising Collections with Strict Enforcement

  • The Ludhiana Municipal Corporation (LMC) achieved a record Rs 153 crore in property tax collection, exceeding its Rs 150 crore target. This was a significant increase from the Rs 137.70 crore collected in FY 2023-24.
  • Mohali Municipal Corporation (MC) collected Rs 50 crore, surpassing last year’s expectations by Rs 10 lakh. Officials issued property seizure notices to defaulters, ensuring compliance.

Kurnool and Vizianagaram: Southern Cities Improve Tax Revenue

  • The Kurnool Municipal Corporation (KMC) collected Rs 75 crore in property tax for the financial year 2024-25, achieving over 75 per cent of its target. Tax collection and water charge payments concluded on March 31.

  • Vizianagaram Municipal Corporation collected Rs 38.65 crore, exceeding the previous year’s Rs 35.17 crore.

Key Trends in Property Tax Collection for FY 2024-25

  • Technology Integration: Many cities adopted online payment options, mobile collection vans, and SMS reminders to facilitate tax payments.

  • Strict Enforcement: Civic bodies issued property seizure notices and service interruptions to defaulters.

  • Incentives & Rebates: Cities like Nashik and Hyderabad offered rebates and OTS schemes to encourage compliance.

  • Public Awareness Campaigns: SMS alerts, auto-rickshaw promotions, and social media drives helped increase tax participation.

Future Outlook: Increasing Targets and Digital Transformation

With digital platforms facilitating easy payments and municipalities enforcing stricter collection policies, property tax revenues are expected to rise further in the coming years. Many cities are now setting ambitious targets for FY 2025-26, aiming to surpass previous records while ensuring a streamlined tax collection process.

 

https://www.livehomes.in/news_letter

Image 1
Image 2
Image 3
Image 4
Description of the image

Download Livehomes App
and Notification for New Properties

Play Store Logo iOS App Store Logo

To Make Your Builder Floor Apartment, flats, Villa, Search convenient and attractive  

Real Time Experience | Budget friendly Search | Notification as on Date

Frequently asked questions

Yes, we offer property management services for landlords who require assistance with managing their rental properties. Our services include finding tenants, collecting rent, handling maintenance issues, and ensuring compliance with legal requirements.

Construction is the process of building, assembling, or erecting structures, infrastructure, or facilities.

Look for designers with experience in projects similar to yours, check their portfolio, and ensure they understand your vision and budget.

Trends vary, but some popular ones include sustainable design, biophilic design (connecting with nature), and minimalist aesthetics.

The borrower receives a lump sum of money from the lender, which is then repaid over time with interest, typically through monthly payments.

About Us | Properties | Home Loan | Join Venture | Contact us