Perspective on Maharashtra Government waiving property tax on residential units up to 500 sq ft By Mr. Rohit Poddar, Poddar Housing and Development Ltd
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Below is Perspective on Maharashtra Government waiving property tax on residential units up to 500 sq ft By Mr. Rohit Poddar, managing Director, Poddar Housing and Development Ltd.
“It is a welcome move of waiving off the property tax. This will certainly impact the lives of nearly 16 lakh residential homes in Mumbai. We believe it will be offset by the real estate industry rebounding, with the mid-to upper-end segments purchasing flats in unprecedented numbers. The revenue shortfall of the Government will be filled by the top section certainly.”
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