Informative

RBI Invites Bids To Sell Three Lonavala Bungalows At Base Price Of Rs 6.55 Crore

Update / Judgement Date

22 Aug 2025

Source

News18

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal MattersRBI

The RBI has invited bids to sell three bungalows in Lonavala at a base price of ₹6.55 crore. The sale is a significant step towards a more transparent and less intrusive tax environment. The move is aimed at promoting tax compliance while being sensitive to the practical difficulties faced by businesses. This decision by the tax authority is aimed at promoting tax compliance.

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RBI Invites Bids To Sell Three Lonavala Bungalows At Base Price Of Rs 6.55 Crore

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