How does TND Listings help NRIs manage property in Mumbai remotely?

TND Listings handles tenant sourcing, verification, rent collection, two-stage inspections, maintenance, and RERA-compliant documentation on behalf of NRI owners, with live updates available through the TND app.

Which areas of Mumbai does TND Listings cover?

TND Listings manages properties across Western, Central and South Mumbai, as well as Navi Mumbai and Thane.

Mumbai Property Tax Portal — Pay, Check & Calculate BMC Property Tax

Mumbai property tax — everything you need to know

Property tax in Mumbai is levied by the Brihanmumbai Municipal Corporation (BMC) — also known as MCGM. It is payable twice a year (April and October) and is calculated on the capital value of the property. As a buyer, always check for outstanding property tax dues before finalising a purchase — unpaid dues are inherited by the new owner.

Check and pay BMC property tax online: Visit www.mcgm.gov.in → “Property Tax” → search by property account number or address. Online payments via net banking, UPI, credit/debit card accepted.

How Mumbai property tax is calculated

Since 2010, Mumbai uses a Capital Value System (CVS) for property tax calculation:

Capital Value (CV) = Area (sq m) × Ready Reckoner Rate × Building factor
Annual Rateable Value (ARV) = CV × 5%
Property Tax = ARV × Tax Rate (varies by use type and area)

Residential Property Tax Rate

Approximately 0.316%–2.296% of capital value per year depending on property value band and location.

Commercial Property Tax Rate

Higher rates apply to commercial properties — typically 1.5x to 3x the residential rate for the same location.

Early Payment Rebate

BMC offers a 2% rebate if property tax is paid in full by May 31 (April instalment) and November 30 (October instalment).

Penalty for Late Payment

Late payment attracts interest at 2% per month on the outstanding amount. Severe arrears can result in property attachment by BMC.

What buyers must do before purchase

Ask the seller for the latest property tax receipts for the past 3 years.
Cross-verify on the BMC portal using the property account number.
Ensure no outstanding dues exist before executing the sale deed.
Transfer the property tax account to your name within 30 days of registration.

For NRI owners

If you own a Mumbai property and live abroad, your property tax bills are sent to your registered address. TND Listings monitors property tax due dates for all managed properties and ensures timely payment on your behalf — this is included in our standard property management service. Learn about TND Property Management.

Never miss a property tax due date

Let TND manage your Mumbai property — we handle tax, maintenance, tenants and more.

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