Revised property tax in Kochi.

Q: I heard that the property owner's of Kochi from now onwards are going to pay property tax in a revised way. What is the revised way of paying property tax in Kochi?

Rajeev Narayanan, Kochi

22nd November 2011

Property Tax in Kochi

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According to the new norms, the floor area of the building will be considered while collecting property tax in Kochi. 25 percent tax will be collected with floor area less than 75 square meters, properties built with marbles, vitrified tiles and etc will have to pay 15 percent tax along with floor area rates. Rental building will increase by 50 percent, hotels and resorts will increase by 75 percent.