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The one-year discount window shuts today evening (31-12-2021)


The one-year discount window on premium to be paid to BMC for real estate development shuts today evening (31-12-2021)

Why should 50% discount continue?

  • Slashing the premium in 2021 BMC earned a massive financial bonanza of Rs. 12,000 crore.

  • The concessions should continue as it largely contributes towards making many #redevelopment projects viable

  • It has and will boost the real estate sector

  • It will also help in price control for end-users.

  • The revenue earned will also boost the infrastructure, a win-win situation for the overall development of the city.

#realestatedevelopment #BMC #Mumbai #infrastructure

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