Property Tax Eligibility and Calculation in Hyderabad

Q: I’ve recently inherited some property in Hyderabad. I haven’t a clue though about the property tax that I’m supposed to pay. What are the various details that I need to know before paying my property tax in Hyderabad?

Ramesh Gullapalli, Hyderabad

19th June 2014

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The Greater Hyderabad Municipal Corporation uses the annual rental value for calculating the property tax of commercial properties. Simply put, 30 percent of the annual rental value of a commercial establishment is equivalent to the property tax. Residential buildings, on the other hand, use a slightly different variant of this system. The monthly rental value and the plinth area of the building are taken into consideration before coming to final calculation. An updated list of monthly rental values for each location can be obtained from the GHMC’s website online. Using these figures, you have to follow a certain formula to obtain the exact value of your property tax.

Lokesh Gowda, Hyderabad

21st June 2014

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Property taxation in Hyderabad is handled by the Greater Hyderabad Municipal Corporation (GHMC). This organisation takes a number of aspects into consideration before calculating the property tax of any given property. Certain kinds of property such as the ones belonging to active or ex-servicemen, religious places of worship, and charitable institutions are not liable to be taxed under Government law. Residential property can however be taxed, and physical dimensions of the building are taken into account before calculating property tax. GHMC also provides a property tax calculator online, using which you can quickly figure out the value of your property tax.

Lata Rao, Hyderabad

20th June 2014

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