I have a 1room kitchen admeasuring 18'x10', @ shanti Nagar, wagle Estate (illeagal bldg. of 1990) , would like to how

Q: much propertytax I should pay for this area?

Joseph John, Thane

17th January 2016

Property Tax in Wagle Industrial Estate, Thane

property tax in thane

illegal constructions in thane

illegal constructions in wagle industrial estate

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Replies (2)

Hi Joseph,
In this matter you must consult with a property lawyer. He will give you the right idea of the property tax and whether the building is legal or illegal. Nobody can help you better than a property expert.

Sankalp, Mumbai

18th January 2016

Comment

I think Sankalp is right,
However, most such lands in Thane do not have clear ownership title. The landlords leased out their plots in return for a financial consideration for 60 years to 100 years. The temporary ownership of this land now rests with the lessee, who constructed the chawls or buildings on these plots and thus created third party share on this land

Rakshit, Mumbai

18th January 2016

First of all i would like to tell you the calculation of old property. These are the simple steps which you have to follow while you are calculating property tax of an old building in Thane.

(Capital value-based system) Capital value = Base value x Built up area x Use category x Type of
building x Age factor x Floor factor

Bikram, Mumbai

18th January 2016

Comment

Undoubtedly, Thane district is the Wild West as far as the construction/realty industry in the Mumbai Metropolitan Region is concerned. Illegal construction has flourished as successive governments have been merciful and as authorities like corporation officials and policemen, their pockets well-lined, turned a blind eye. In return, poor buyers will have to suffer a lot during redevelopment is concerned.

Rakshit, Mumbai

18th January 2016