Property Tax in Nashik: Is it true that residential flat given on rent in Nashik attracts double the property tax?

Q: Where can one find more details on the property tax applicable under NMC (Nashik Municipal Corporation)

Suren, Apartment Resident

6th June 2016

Property Tax in Nashik

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nashik municipal corporation

property registration charges in nashik

hike in ready reckoner rate in nashik

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Replies (3)

is it true that you have to pay double to triple property tax if the construction is illegal (small house) on own's land

Technos Sup,

13th July 2016

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Hi Suren,
Do you know that the Maharashtra Government has raised the Ready Reckoner Rate by 7% in Nashik. The state government has increased the Ready Reckoner Rates in the range from 2 to 20% with an average hike of 10% in various pockets across Nashik with effect from April 1st 2016.

Manilal Patel, Mumbai

7th June 2016

Comment

Right Mani,
In a move to support the central government's vision of housing for all by 2022, the Maharashtra government is has waived stamp duty for houses with an area of less than 250 sq-ft and offered concessional rates for residences up to 450 sq-ft. Residences above 450 sq-ft in area will not get any concession or waiver. This is the first time the government will give up stamp duty, levied at 5% of the property value, or offer a concession on the charge for homebuyers.

Rajatrawal, Mumbai

7th June 2016

Hi Suren,
You can find more details on property tax applicable under Nashik Municipal Corporation in the link provided just click the link and find the multiple departments functioning under it. Here is the link http://www.nashikcorporation.in/

Ravi Waghmare, Mumbai

7th June 2016

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