Mumbai: Three weeks after the BMC announced an auction of four properties worth Rs 8.55 crores to recover long-pending property tax dues, the civic body has yet to receive any bids. Although several individuals have inquired about the properties, no one has submitted a bid so far. The BMC remains hopeful of attracting bidders in the remaining one week, as the final date for the auction is October 29.

Auction Announcement And Recovery Plan

On October 1, the BMC issued a public notice to auction five immovable properties over unpaid property taxes. One of them — a Vile Parle property with dues and penalties amounting to Rs 19.36 crore — has since cleared its outstanding amount.

However, the remaining four, which include land parcels, shops, and a residential house, remain up for auction

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