India, Sept. 11 -- The Brihanmumbai Municipal Corporation (BMC) has announced plans to auction several immovable properties to recover long-standing property tax arrears. This step is being taken under section 200(2) of the Mumbai Municipal Corporation Act, 1888, in line with municipal regulations related to the sale of such assets.

Vishwas Shankarwar, joint municipal commissioner of the Assessment and Collection Department, confirmed the public notice issued on Wednesday.

The BMC has identified multiple properties across various wards with significant unpaid dues, including penalties. Property owners and assesses have been given a 21-day deadline from the date of the notice to settle their outstanding taxes along with applicable penalt...