India, Feb. 15 -- The Brihanmumbai Municipal Corporation (BMC) has initiated a crackdown on commercial establishments and real estate developers with significant property tax arrears by issuing notices to seize their properties and auction them if the defaulters fail to clear their dues. These properties include plots as well as residential-commercial buildings, commercial clusters, industrial clusters, etc.

On Friday, the BMC pasted notices to seize 18 properties of DBS Realty at Sangharsh Nagar in Kurla, Chandivali for non-payment of property tax dues to the tune of Rs.178.64 crore. If the company fails to pay its outstanding dues within 21 days, the property will be seized and auctioned.

Vishwas Shankarwar, joint municipal commission...