BMC: Mumbai: BMC attaches assets worth over Rs 300 crore of 24 Metro One | Mumbai News – Times of India

Mumbai: BMC 24 properties of Mumbai Metro One, including Azad Nagar, Versova and DN Nagar stations, for non-payment of property tax since it started operations.
Officials said that Rs 220 crore were from properties in (West) ward, while Rs 80 crore were from (East) ward. Most of the metro lines fall in these two wards. If payments are not made by the end of the financial year, the civic body is likely to go against them, by first cutting off the water supply, and auctioning them if necessary. Tension between Mumbai Metropolitan Region Development Authority (MMRDA) and Mumbai Metro One Pvt Ltdmmopl) which was leading to non-payment, the officials said.
MMOPL operates 11.5 km long metro line between Versova-Andheri-Ghatkopar. This is Mumbai’s first metro line, which has been built on the Public-Private Partnership (PPP) model.
Industrialist Anil Ambani-owned R-Infra holds a major stake (74%) in MMOPL, while MMRDA holds 26%. Assistant municipal commissioner (evaluation and collection department) Vishwas Mote said notices were stuck outside stations and other properties such as yards, car sheds, store buildings, workshops and electric substations.
“MMOPL claimed that it was not their liability and were passing it on to MMRDA. After studying the matter, we concluded that MMOPL would have to pay the amount,” Mote said. If property tax is not paid by the end of the financial year, the BMC will cut off the water supply, and in extreme cases, the attached properties may be auctioned.
An official of Mumbai Metro One said, “Based on the orders of the Bombay High Court, the Government of Maharashtra on April 17, 2018, directed the BMC to provide exemption to Mumbai Metro One from payment of local taxes/property tax as it is a It is a public transport project. Effective from the date of enactment of Metro Act (October 16, 2009). BMC local ward offices have not yet complied with the orders of the Government of Maharashtra.”
A BMC official clarified that since MMOPL is a ‘private limited’, it is not exempted from municipal taxes. In the past, the fare structure has been a source of friction between MMRDA and MMOPL. Property tax is a primary source of revenue for the BMC and during the Budget (2021-22), it set a target of Rs 5,400 crore till March 10, of which Rs 4,571 crore was collected.