PCMC property tax rates are not fixed. To determine property tax rates in Pune, one must know all the details of their property and they can do a self assessment of the property tax. I will share a step by step guide for you to determine the right PCMC property tax rate of your property.
Before calculating the PCMC property tax, one must know what is the locality, type of property, age of the property, and usage of the property.
Here is a step by step guide to calculate property tax.
- Visit
Property Tax - Pune Municipal Corporation
- Enter Peth name, construction year, construction type, property carpet area in square feet and mobile number
- Submit and calculate the property tax rate
You will be intrigued to know that property tax payers in Pune enjoy several benefits for paying property taxes.
- A discount of 10% is given on general tax if the annual rateable value is upto Rs. 25,000 on residential properties, non-residential, and open plots which are registered as residential buildings.
- For properties with solar, vermiculture, and rain-water harvesting facilities, a 5% discount on municipal tax (excluding water tax and government taxes) has been announced.
I hope you are clear about PCMC property tax rate and discounts available on payment of pune property taxes.
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The property tax by PCMC depends on the locality, region, usage, type, total plinth area, property age, etc.
Property tax is basically a percentage of the actual value of a property based on reckoner or circle rate used by the Department of Revenue to calculate the stamp duty. The calculation can be made using the following formula.
You can visit
Property Tax - Self Assessment
on the official website of PCMC. Select the zone, Sub-use type, construction type, and property area and click on ‘Calculate Property Tax.’
PCMC provides rebates and rewards on payment of property tax on time. Following are the details related to it.
1. The residential properties, non-residential, open plots registered as residential buildings get 10% discount on general tax in case of annual rateable value up to Rs 25,000 and 5% discount on general tax in case of the annual rateable value of Rs 25,001 and above.
2. If the residential properties have solar, vermiculture, and rain-water harvesting, 5% discount on municipal tax (excluding water tax and government taxes) in case of one of these projects and 10% discount on municipal tax (excluding water tax and government taxes) in case of two of these projects.
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✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & DeliveryIntercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
How much is the property tax by PCMC property?
Wasim
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3 Year
2021-02-19T12:28:13+00:00 2021-03-31T20:27:26+00:00Comment
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