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Mumbai: BMC okays 50% premium payment discount for realty sector

Mumbai: BMC okays 50% premium payment discount for realty sector Ruling Sena along with Cong, NCP and SP support move while BJP opposes it The Brihanmumbai Municipal Corporation (BMC) Standing Committee (SC) on Friday cleared a special proposal of granting a 50 per cent discount in premium payments to real estate firms for one year. In order to revive the real estate sector, the Deepak Parekh Committee last year had proposed a 50 per cent cut in all the premiums levied on the ongoing and new construction projects till December 31. In January this year, the state government had cleared the proposal in the legislative assembly, directing the municipal bodies of the state to take a call on the implementation. Due to which, the proposal was tabled for final approval in the SC on Friday.

Mumbai: No respite from flooding this monsoon too

Mumbai: No respite from flooding this monsoon too
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

1,305 buildings with 5 or more cases sealed in Mumbai | Mumbai News

1,305 buildings with 5 or more cases sealed in Mumbai | Mumbai News
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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