Estimate Your Annual Property Tax
Calculate your property tax based on city, zone, property type, and built-up area. Covers all major municipal corporations across India.
Property Details
GHMC (Greater Hyderabad Municipal Corporation) uses the Annual Rental Value (ARV) for property tax calculation. Payment deadline: April 30. Early payment rebate: 5%.
Tax Estimate
Annual Property Tax
₹36,000
Monthly Equivalent
₹3,000
Early Payment Savings
-₹1,800
Tax Breakdown
Sample Tax Bill Preview
GHMC (Greater Hyderabad Municipal Corporation)
Property Tax Assessment Notice
City-wise Property Tax Rates
Base rates per sq ft for residential properties
| City | Corporation | Method | Base Rate | Early Rebate | Deadline |
|---|---|---|---|---|---|
| Hyderabad | GHMC (Greater Hyderabad Municipal Corporation) | Annual Rental Value (ARV) | ₹30/sq ft | 5% | April 30 |
| Bengaluru | BBMP (Bruhat Bengaluru Mahanagara Palike) | Capital Value | ₹25/sq ft | 5% | March 31 |
| Chennai | GCC (Greater Chennai Corporation) | Annual Rental Value (ARV) | ₹28/sq ft | 5% | April 15 |
| Mumbai | BMC (Brihanmumbai Municipal Corporation) | Capital Value | ₹35/sq ft | 5% | March 31 |
| Delhi | MCD (Municipal Corporation of Delhi) | Unit Area System | ₹22/sq ft | 15% | June 30 |
| Pune | PMC (Pune Municipal Corporation) | Capital Value | ₹27/sq ft | 10% | March 31 |
Annual Rental Value (ARV) Method
Used by GHMC (Hyderabad), GCC (Chennai), and several other municipal corporations. Tax is calculated as a percentage of the expected annual rental income of the property.
Tax = ARV x Tax Rate x Zone Factor x Age Factor
Capital Value Method
Used by BBMP (Bengaluru), BMC (Mumbai), and PMC (Pune). Tax is calculated based on the market value or circle rate of the property.
Tax = Capital Value x Base Rate% x Zone x Age x Type
Payment Deadlines & Penalties
Early Payment
Pay before deadline and save 5-15% on your total property tax. Delhi MCD offers the highest rebate at 15%.
Late Payment
Late payment attracts 1-2% monthly penalty. Some cities also charge compounding interest on the penalty amount.
Non-Payment
Persistent non-payment can lead to property attachment, legal notice, and in extreme cases, auction of the property by the municipal corporation.
Property Tax Saving Tips
Save money and avoid penalties
Pay Before the Deadline
Most municipal corporations offer 5-15% early bird rebate on property tax paid before the deadline. Delhi MCD offers up to 15% rebate.
Check Your Property Assessment
Verify that your property's built-up area, zone, and usage type are correctly recorded. Incorrect assessment can lead to higher tax.
Claim Available Exemptions
Ex-servicemen, senior citizens, and disabled persons may get 10-30% exemption on property tax in many cities.
Avoid Penalties
Late payment attracts 1-2% monthly penalty in most cities. Some cities also charge interest on unpaid dues.
Property Tax FAQ
Manage Property Expenses Smarter
Track property tax, maintenance costs, and rental income with PropYaar's integrated accounting tools