Hello sir I require the details about the Hyderabad Municipal Corporation Property Tax Calculation will you please provide me it ??

As you are demanding for the details about the Hyderabad Municipal Corporation Property Tax Calculation

GHMC Property Tax Calculator:

There is a GHMC tax calculator at the other end of this link: GHMC,which will help you calculate your twelve-monthly tax after considering your Total Plinth Area and Rent in Rs. / sft / month.

GHMC Residential Property Tax Calculation:

To calculate your residential property tax, follow the following steps:

Step 1: Measure your plinth area (PA). The plinth area is the whole built-up area, which includes all covered areas including balconies and garages.

Step 2: Determine the present rent-per-square-foot in the market for similar properties in your area if the property is self-occupied.

If you’ve rented the property out, you should consider the rent per square foot as stated in the rental agreement. This value is your Monthly Rental Value (MRV) per square foot.

Step 3: Calculate your residential property tax with this formula:

Annual Property Tax for Residential Property = PA x MRV (per sq.ft.) x 12 x (0.17 – 0.30) depending on the monthly charge value in the below table – 10% depreciation + 8% library cess.

Monthly Rental Value General Tax Conservancy Tax Lighting Tax Drainage Tax Total
Up to Rs.50 Exempt Exempt Exempt Exempt Exempt
Rs.51 – Rs.100 2.00% 9.00% 3.00% 3.00% 17.00%
Rs.101 – Rs.200 4.00% 9.00% 3.00% 3.00% 19.00%
Rs.201 – Rs.300 7.00% 9.00% 3.00% 3.00% 22.00%
Rs.300 and above 15.00% 9.00% 3.00% 3.00% 30.00%

Here is attachment of the Hyderabad Municipal Corporation Property Tax details