Hey,
I pay property tax for my residential bungalow in a posh area of North Delhi. In the receipt, I noticed several types of charges were incurred. I asked my husband for details about the use factor in property tax and how it impacts our total tax amount. I will share the details below.
Know the fair value of your property by consulting experts at NoBroker here.
Opt for NoBroker buyer plans to get the best deals on property buying.
In Delhi, the Municipal Corporation of Delhi calculates property tax based on the following factors.
Unit area
Age factor
Use factor
Structure factor
Occupancy factor etc.
As the name suggests ‘ the use of the property decides the amount of tax needed to be paid. It is a factor that takes into account the usage of the property and demarcates lower tax for residential use properties. Non-residential use properties are demarcated with higher taxes.
If the property is more in use, the property owner needs to pay higher taxes. Take a look at the table below to know the use factor 2 in property tax.
Property type |
Use factor |
Residential property |
1 |
Non-residential public purpose |
1 |
Non-residential public utility |
2 |
Industry, entertainment and clubs |
3 |
Restaurants, hotels up to 2-star rating |
4 |
3-star and above hotels, towers, hoarding |
10 |
This is all the information I have on use factor in property tax
Read more:
How to do property tax pay through online?
How to pay property tax?
What is SUC in property tax?
Authors Of The Question
What is use factor in property tax?
Poonam
3569Views
1 Year
2022-10-28T13:18:00+00:00 2022-10-28T13:18:07+00:00Comment
1 Answers
Share