Real Estate Forum on Property Tax Assessment

Latest Answer: Hi Aarav, Thanks for your response. I really appreciate it. However, I think this pertains to Mumbai. My query was related to Pune. The builder has told me that one needs to pay the property tax at Undri Panchayat,Pune, since the project is still not yet in Pune Municipal corporation. I've searched the net for the Panchayat office details, but have been unsuccessful so far. I guess I'll need to make a trip to Pune to sort this matter out, as online payment facility may not be available with the Panchayat. I do thank you for your help. Best, Shilendra

Latest Answer: The assessment base is the yearly rental quality (ARV) or range based rating. Manager possessed and different properties not creating rent are evaluated on expense and after that changed over into ARV by applying a rate of expense, for the most part six percent. Empty area is by and large excluded. Focal government properties are excluded. Rather an 'administration charge' is passable under official request. Properties of remote missions likewise appreciate charge exclusion without a request for correspondence. The duty is generally joined by various administration charges, e.g., water charge, waste assessment, conservancy (sanitation) expense, lighting duty, all utilizing the same expense base. The rate structure is level on rustic (panchayat) properties, yet in the urban (city) zones it is gently dynamic with around 80% of evaluations falling in the initial two chunks

Latest Answer: Hii, I am ex-servicemen & I wanted to know that is there concession in property tax as after its due date is over?