GHMC Property Tax 2023

GHMC Property Tax 2023

If you own a property in Hyderabad, you must be aware of the GHMC property tax that you have to pay every year or half-yearly. GHMC property tax is a levy imposed by the Greater Hyderabad Municipal Corporation (GHMC) on the owners of buildings or lands within its jurisdiction. The property tax is used for the development and maintenance of civic amenities and infrastructure in the city.

But do you know how to calculate your property tax, how to pay it online or offline, how to check your dues or receipts, how to file an objection or get an exemption, and what are the benefits of paying it on time? If not, then this blog post is for you.

In this blog, we will explain everything you need to know about GHMC property tax 2023, such as the tax structure, rates, calculation, payment modes, due dates, penalties, rebates, exemptions, and more.

GHMC Property Tax Structure

When it comes to the GHMC Property Tax structure, a few aspects are taken into consideration. Firstly, the location of the property is an important factor. GHMC divides Hyderabad city into five zones (North, South, Central, East, and West) and 18 circles. Each zone and circle has a different monthly rental value (MRV) fixed by GHMC for each locality and usage. Other than that, the size, nature, and the age of the property is also a crucial determinant. The GHMC property tax is calculated by applying the following formula for residential and non-residential properties: Residential Property Tax = Plinth Area x MRV per sq ft x (1 - Age Rebate) x 12 x Tax Rate Non-Residential Property Tax = Plinth Area x MRV per sq ft x 12 x Tax Rate. 

The following table shows the GHMC tax structure for property tax. 

Tax Component Tax Base Tax Rate Payment Mode Payment Due Date
Property Tax (Residential) Annual Rental Value 0% to 30% (slab rate) Online or Offline July 31 and October 15 (bi-yearly)
Property Tax (Non-Residential) Annual Rental Value 30% to 50% (slab rate) Online or Offline July 31 and October 15 (bi-yearly)

How to Calculate GHMC Property Tax Payment?

The GHMC property tax is calculated based on the annual rental value of the property, which the GHMC determines based on various factors such as the nature, usage, size, location, and age of the property.

GHMC Property Tax Rates

The GHMC property tax rates are different for residential and non-residential properties. The following table shows the tax rates for residential properties. The rates are inclusive of lighting, drainage, and conservancy tax.

Monthly Rental Value of Property Tax Rate
Rs 50 Nil
Rs 51-100 17%
Rs 101-200 19%
Rs 201-300 22%
More than Rs 300 30%

The following table shows the tax rates for non-residential properties. The rates are inclusive of lighting, drainage, and conservancy tax.

Monthly Rental Value of Property Tax Rate
Up to Rs 500 30%
Rs 501-1000 35%
Rs 1001-2000 40%
More than Rs 2000 50%

Steps to Calculate GHMC Residential Property Tax

The steps to calculate GHMC residential property tax are as follows:

  • Visit the GHMC official website and click on the Property Tax Calculator link.
  • Enter the necessary details, such as the property type, size, location, and age.
  • Click on the ‘Calculate’ button to get the tax amount.

Alternatively, you can also use the following formula to calculate the residential property tax:

Property Tax = Plinth Area x Monthly Rental Value per sq ft x (1 - Age Rebate) x 12 x Tax Rate

Where,

  • Plinth Area is the total built-up area of the property, including balconies, parking, lawns, etc.
  • Monthly Rental Value per sq ft is the monthly rent fixed by GHMC for each locality and usage.
  • Age Rebate is a percentage deduction given for older buildings as per the following table:
Age of Building Age Rebate
Up to 10 years Nil
11-20 years 10%
21-30 years 20%
More than 30 years 30%

Steps to Calculate GHMC Commercial Property Tax

The steps to calculate GHMC commercial property tax are similar to the residential property tax, except that there is no age rebate for commercial properties. You can use the following formula to calculate the commercial property tax:

Property Tax = Plinth Area x Monthly Rental Value per sq ft x 12 x Tax Rate

How to pay GHMC Property Tax?

GHMC property tax is an annual or semi-annual levy imposed on the owners of buildings or lands within the GHMC limits. Property owners can pay their property tax online or offline through various modes offered by GHMC. The following are the steps to pay GHMC property tax online and offline:

Online Payment

  • Visit the official website of GHMC at https://www.ghmc.gov.in/ and click on ‘Online Payments’ and select ‘Property Tax’ from Menu.
  • It will redirect to the online payments page. Select ‘Property Tax Payment’ under the ‘Property Tax’ option.
  • Enter your Property Tax Identification Number (PTIN) and registered mobile number and click ‘Get OTP’.
  • Enter the OTP received on your mobile and click on ‘Submit’.
  • You will see your property tax details, such as the owner's name, address, assessment year, tax amount, etc. Verify the details and click on ‘Pay Now’.
  • You will be redirected to a payment gateway where you can choose your preferred mode of payment, such as credit card, debit card, net banking, UPI, etc., and complete the transaction.
  • You will receive a confirmation message and a receipt for your payment. You can also download or print the receipt for future reference.

Offline Payment

  • You can pay your property tax offline by visiting a Mee-Seva counter, Citizen Service Centre, bill collector, or any branch of the State Bank of Hyderabad.
  • You will have to carry your PTIN number and a cheque or demand draft drawn in favour of the GHMC commissioner.
  • You will have to fill out a challan form with your property tax details and submit it along with your payment mode.
  • You will receive a receipt for your payment. You can also check your payment status online by entering your PTIN number.

Due Dates to Pay GHMC Property Tax

GHMC property taxes are required to be paid on time. There are preset due dates for all owners, which they need to adhere to. Anyone failing to pay their taxes before the due date will have to face consequences such as interest, legal notice, attachment of property, and so on. Therefore, it is only prudent to remember the important dates for GHMC property tax payment. 

The following table shows the due dates to pay GHMC property tax and the penalty for late payment:

Payment Mode Due Dates Penalty
Online July 31 and October 15 2% interest per month on the outstanding amount
Offline July 31 and October 15 2% interest per month on the outstanding amount
Advance Anytime No penalty

Documents Required for GHMC Property Tax Payment

The documents required for GHMC property tax payment depend on the mode of payment chosen by the property owner. The following are some of the common modes and documents required:

Online Payment

The property owner can pay the property tax online through the GHMC website or mobile app by entering the Property Tax Identification Number (PTIN) and a registered mobile number. No other documents are required for online payment.

Offline Payment

The property owner can pay the property tax offline by visiting a MeeSeva counter, Citizen Service Centre, bill collector, or any branch of the State Bank of Hyderabad. The property owner will have to carry the following documents to make the payment:

  • Sale deed
  • Occupancy certificate
  • Copy of the building plan
  • Cheque or demand draft is drawn in favour of the GHMC commissioner

New Property Assessment

Suppose the property owner wants a new property assessed for tax purposes. In that case, they will have to submit an application with the following documents to the concerned Deputy Commissioner or Citizen Service Centre within 15 days of completion or occupation of the building:

  • Building permission
  • Occupancy certificate
  • Sale deed
  • Photographs of the building
  • Any other document as required by GHMC

GHMC Property Tax Rebate and Exemption

GHMC offers some rebates and exemptions on property tax for residential and non-residential property owners in Hyderabad.

  • GHMC offers a 5% discount for full payment of property tax before April 30 of every year. 
  • GHMC also offers lucky draw prizes for advance payment of property tax at any time of the year.
  • GHMC announced a 50% rebate in property tax for residential property owners in the state as a one-time relief due to the Covid-19 pandemic and heavy rains. The rebate is applicable for those who have been paying property tax up to Rs 15,000 annually in GHMC limits and up to Rs 10,000 in other municipalities and corporations.
  • GHMC exempts certain properties from property tax or grants concession based on the ownership, usage, or nature of the property. Some of the categories of exempted properties include properties owned by NPOs, veterans, government organisations, and religious orders. Moreover, spaces used for worship, charity, education, or health care are also exempted. Additionally, any please affected by a natural calamity or any sort of major accident can also be considered in this list.

Penalties and Consequences for Non-Payment of GHMC Property Tax

Property owners in Hyderabad are legally obliged to pay their property tax on time, failing which they may face penalties and consequences such as:

  • A penal interest of 2% per month on the outstanding amount in case of delay beyond the due dates.
  • A legal notice from GHMC demanding the payment of arrears along with interest and penalty.
  • A seizure or attachment of the property by GHMC for recovery of dues.
  • Cancellation or suspension of any license or permission granted by GHMC for the property.
  • A denial or restriction of any civic service or facility provided by GHMC for the property.

The following table shows the payment data for GHMC property tax:

Payment Mode Due Dates Rebates
Online July 31 and October 15  5% discount for full payment before April 30
Offline July 31 and October 15 5% discount for full payment before April 30
Advance Anytime Lucky draw prizes for advance payment

GHMC Property Tax Assessment and Revision

Assessment and revision of property taxes prior to estimating the amount to be paid by the owner of a property in Hyderabad is essential on the part of GHMC. A few factors come into play when determining GHMC property taxes. These are based on the following.

  • The nature of the building (residential or non-residential)
  • The usage of the building (commercial, industrial, educational, etc.)
  • The plinth area of the building (the built-up area including balconies and garages)
  • The locality of the building (the zone or circle where it is located)
  • The age of the building (the depreciation rate applied)

The procedure for assessing and revising property tax varies depending on whether it is a new or existing property.

For new property owners, submitting applications with relevant documents to the concerned authority is imperative. All this needs to be sorted out within 15 days of the completion of the building. However, one has the provision to do an online self-assessment by providing property-related documents and data. The application is forwarded to the concerned authority for inspection. After the PTI Number and House Number generation, a notice will be issued to the property owner. Moreover, for existing properties, there is no revision of property tax on residential buildings.

Frequently Asked Questions (FAQs)

How can I check my GHMC property tax online?

You can check your GHMC property tax online by going to the GHMC website, clicking on the “e-Services” tab, and then clicking on the “Pay Property Tax” option. Enter your property identification number (PID) and the captcha code, then click the “Proceed” button. This will show you the details of your property tax dues.

Can we pay GHMC property tax online?

Yes, you can pay GHMC property tax online. To do so, go to the GHMC website, click on the “e-Services” tab, and then click the “Pay Property Tax” option. Enter your property identification number (PID) and the captcha code, then click the “Proceed” button.

How to pay property tax in GHMC Hyderabad?

You can pay property tax in GHMC Hyderabad through several modes. GHMC offers online, NEFT, and RTGS modes of payment, and you can also pay at any of the 537 branches of 8 Banks. You can also pay offline by visiting a MeeSeva counter, Citizen Service Centre, bill collectors, or any State Bank of Hyderabad branch. 

How much is property tax in GHMC?

GMMC uses the annual rental value as the basis for collecting property tax in Hyderabad and adopts a slab rate of taxation for residential properties. You can use the property tax calculator on Urban Money to get an estimation of the payable GHMC house tax by filling in the relevant details about your property.

What factors are considered in GHMC Property Tax calculation?

The GHMC property tax calculation considers factors such as the plinth area (total built-up area), the monthly rent per sq. ft. (determined by GHMC through surveys of every area under its purview), and the slab rate (determined by the monthly rental value). Depreciation and library cess are also taken into account.

 

Can you provide an example of how to calculate GHMC Property Tax?

Property tax on residential property = Plinth area * (monthly rent per sq. ft. x 12) * (slab rate) – 10% depreciation + 8% library cess.

How can I pay GHMC Property Tax online?

You can pay your GHMC property tax online through the GHMC website. Go to the GHMC website, click on the “e-Services” tab, and then click the “Pay Property Tax” option. You can enter your property identification number (PID) and follow the prompts to complete your payment.

What are the available payment options for GHMC Property Tax online payment?

You can pay your GHMC property tax online through the GHMC website. The available payment options include credit cards, debit cards, net banking, or UPI.

How can I pay GHMC Property Tax offline?

You can pay your GHMC property tax offline by visiting a MeeSeva counter, Citizen Service Centre, bill collectors, or any branch of the State Bank of Hyderabad. You can pay through cash or by using a debit/credit card.

What are the available payment options for GHMC Property Tax offline payment?

You can pay your GHMC property tax offline by visiting a MeeSeva counter, Citizen Service Centre, bill collectors, or any branch of the State Bank of Hyderabad. You can pay through cash or by using a debit/credit card.

What documents are required for GHMC Property Tax payment?

If you are paying your GHMC property tax offline, you will have to carry the following documents to make the payment: sale deed, occupancy certificate, copy of the building plan, and a cheque or a demand draft drawn in favour of the GHMC commissioner.

What happens if I don't pay GHMC Property Tax on time?

If the property tax is not paid on time, the GHMC levies late payment charges and penalties. The late payment charges are calculated at the rate of 2% per month on the outstanding tax amount. Moreover, the GHMC may also initiate legal proceedings against the defaulting property owner.

What are the penalties for late payment of GHMC Property Tax?

If the taxpayer is unable to pay the GHMC property tax by the due dates, he/she will have to pay an additional amount of 2% per month on the outstanding amount as the penal interest.

What legal actions can be taken against GHMC Property Tax defaulters?

GHMC has been issuing warrant notices and red notices to property tax defaulters, warning them to attach the properties if they fail to clear the dues. Besides sending notices, legal action will also be initiated against defaulters.

How can I request GHMC Property Tax assessment or revision?

You can request a new assessment of property tax by submitting an application with relevant documents to the concerned Deputy Commissioners/CSC for assessment of Property Tax along with documents. Other than that, GHMC also offers an Online Self Assessment Scheme where the property owner can submit an application for new assessment online.

What are the criteria for GHMC Property Tax rebate and exemption?

GHMC offers a 5% rebate on property tax under its Early Bird Scheme for the financial year 2023-24. There are also certain exceptional circumstances wherein GHMC exempts a property from taxes or concessions. For example, a property owned by a non-profitable organisation, veterans, government organisation, or religious order enjoys exemption from property taxes.

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