Naved, Thane
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How can i calculate property tax for a 100 sq.ft. shop constructed in 2017 in mumbra (thane)

Latest Answer: Hi all, The above-mentioned answers are for calculating property tax in Mumbai, not in Thane. Property tax in Thane can be calculated with the help of the following method (Capital value-based system) Capital value = Base value x Carpet area x Use category x Type of building x Age factor x Floor factor. Property tax once fixed, will not be revised for 5 years and after that, the increase will be restricted to 40 percent. Residential units with greater than 500 sqft carpet area will pay twice the old tax or tax calculated by new system Residential units with less than 500 sqft carpet area will pay taxes as per old system.

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