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.
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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?
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What is use factor in property tax?
Poonam
3641Views
2 Year
2022-10-28T13:18:00+00:00 2022-10-28T13:18:07+00:00Comment
1 Answers
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