Hyderabad Property Tax Rates

Hyderabad Property Tax payment has been made online by Hyderabad Municipal Corporation. Property Tax Identification Number (PTIN) is given to each taxpayer for each property. This number is unique in itself and is of fourteen digits. You can enter this number in the website and make the payment online. This has really reduced the burden of standing in long queues to make payment. If you do not know the pin you can search for PTIN in website by locality.

There is a provision to check property tax due dates. If the payment is made on time you can get certain rebate in percentage but on the other hand property tax paid after due date will charge 2% extra per month. This is the penalty paid by the taxpayer. The different modes offered by Municipal Corporation to pay the property tax in Hyderabad. Like you can pay by:

  • Debit/Credit Card,

  • AP Online Service centers

  • Citizens Service Centers

  • Bill Collectors

  • Mobile Collection Vans coming in your locality

  • Branches of State bank of Hyderabad

  • By cheque/DD made in the favor of "Commissioner, GHMC"

  • E-Seva Counters

Property tax lawhas evolved substantially. The state government has full control on the maximum and minimum rate that Municipal Corporation can levy on taxpayers. The property tax rate varies with size of the city and location of property in the city. Self-assessment of Property Tax Return form is filled under section 213 of HMC Act 1955, is available online. Property tax rate differ with locality. Posh colonies with all the facilities have higher property tax rate in Hyderabad. The tax is more for commercial establishments than residential ones. Tax on property is revised after every five years. Like Pune, the government in Hyderabad has also made provision to give rebate to taxpayer with eco-friendly housing. 10% rebate will be given to people using solar heating and lighting systems.

To calculate property tax multiply total plinth area with 3.5 and monthly rental value per sq feet (in Rs.). This calculation can also be done online so you can get property tax estimates. . The main advantage of the online procedure in the property tax assessment, calculation and payment is that it has given transparency and swift to the work. For a person who cannot use website property tax bill is send by the Municipal Corporation. He can made payment of the same through any of the procedure written above in points. If one is not satisfied with the property tax assessment then appeal can be made against it. The property tax appeal gives taxpayer an opportunity to challenge the assessed value. You can make it directly or it can be made with the help of consultants and lawyer. They contain all the legal information and can lend a very professional help.

Hyderabad owing to the work of Municipal Corporation has shown improved performance. You can check the official website of Hyderabad Municipal Corporation to calculate property tax, making payment et at http://www.ghmc.gov.in/