4,80,000 people visited this section in last 30 days. Apply Online

Get Cashback of Upto ₹ 1,000* on Loans Apply Online

MyLoanCare Customer Ratings - 4.5/5.0 Apply Online

GHMC Property Tax

Hyderabad Property Tax

Last Updated 15th Jun 2021

  • In Hyderabad, Greater Hyderabad Municipal Corporation levies a property tax on all the residential & commercial properties.
  • The tax has to be paid bi-annually on 31st July & 15th October.
  • Taxpayers can pay property tax in Hyderabad through both online & offline processes.
  • If the individuals do not pay the dues on time, a penalty of @2% of the outstanding amount every month is charged.
  • Property tax is not charged for properties whose monthly rental value is upto ₹ 50, public places of worship, recognized educational institutions and property owned by former military personnel etc.
INCOME TAX CALCULATOR

GHMC Property Tax Payment

If you are an owner of the property in Hyderabad, then Greater Hyderabad Municipal Corporation of the city will levy a property tax on both the residential & commercial properties. The property tax is imposed to ensure efficient & smooth maintenance of the civic activities to maintain various activities such as the maintenance of local roads, drainage, cleanliness in the area, public parks etc. The tax has to be paid within the stipulated date bi-annually. GHMC also slaps a penalty of 2% of the outstanding amount every month if the property tax is not paid on time.

How to Calculate GHMC Property Tax Payment?

The property tax on both the residential & commercial properties in Hyderabad is calculated based on the Gross Annual Rental Value. It varies based on the type of property, built-up area, usage of the property, location etc.

How to Calculate Residential GHMC House Tax?

Tax-payers can calculate the residential GHMC house tax using the formula as mentioned below:

Annual property tax = Gross Annual Rental Value (GARV) x (17% – 30%) Slab rate to be determined based on MRV as fixed by GHMC – 10% depreciation] + 8 % library cess,
where GARV = Plinth area x Monthly rental value in ₹/ sq ft x 12
Plinth Area= Total built-up area, including balconies & verandahs.

Here are the varying property tax rates based on the monthly value of the property.

Monthly rental value of property Tax Rate*
₹ 50 Nil
₹ 51 - ₹ 100 17%
₹ 101 - ₹ 200 19%
₹ 201 - ₹ 300 22%
More than ₹ 300 30%

Steps for payment of GHMC property tax

Individuals can pay property tax in Hyderabad through both offline & online processes. To pay offline tax in Hyderabad, one needs to draw a cheque/ demand draft in favour of 'Commissioner, GHMC' and submit at any of the Mee-Seva counters, citizen service centres, Bill Collectors, AP Online Service Delivery or at any State Bank of Hyderabad branch. Below-mentioned is steps to pay GHMC property tax online.

  • Visit the official online portal of GHMC property tax by clicking at https://www.ghmc.gov.in/.
  • Under the Online Payments tab, click on the property tax.
  • On the displayed page, enter your unique PTI NO and click on Know Your Property Tax Dues.
  • Verify details about arrears, property tax and make payment via different modes such as net banking, credit or debit card etc.
  • Finally, enter payment details & complete the payment for property tax.

Exemption/Concession from payment of property tax

GHMC gives the following exemptions/ concessions for Hyderabad property tax:

  • Taxpayers can get 100% tax exemption on the following properties:
    • Any public place of worship
    • Recognized educational institutions
    • Any property owned by a former military personnel
    • Property with monthly rental value upto ₹ 50
  • Upto 50% concession is available for vacant premises. However, it is subject to the tax inspector's inspection and report.
  • Due to the ongoing COVID pandemic, a one-time concession of 50% of Hyderabad Property Tax for 2020-2021 is available to residential properties under GHMC, whose annual property tax assessment is upto ₹ 15,000/-.

Steps for Assessment of a New Property

To apply for the assessment of a new property, individuals need to follow the steps mentioned below:

  • Visit the official GHMC website at https://www.ghmc.gov.in/.
  • Now, click on Self Assessment of property tax under the tab 'Online Services'.
  • On the new page displayed, enter the mobile number and validate the same using the OTP.
  • In the self-assessment form, enter various personal details & property details. Also, attach all the necessary documents.
  • As one enters all the measurement details and clicks on the Add button, he/she can view the tentative tax amount.
  • Click on the 'Save button' to submit your request to the concerned authority.
  • Finally, after the assessment of property tax individuals can get a new PTIN number.

Due date, penalty and other rewards for GHMC Property Tax Online

  • The property tax in Hyderabad is to be paid bi-annually before 31st July & 15th October.
  • Any arrears in the property tax payments attract a penalty of @2% of the outstanding amount every month.
  • GHMC also introduced cash rewards for property tax payment before the specified dates for the year 2016-17.

FAQs

How much is the property tax in Hyderabad?

The property tax in Hyderabad varies for every property based on factors such as type of property, built-up area, rental value, locality, usage of property etc. and is calculated using the formula as mentioned below:
Residential Property Tax= Gross Annual Rental Value (GARV) x (17% – 30%) Slab rate to be determined based on MRV as fixed by GHMC – 10% depreciation] + 8 % library cess, where GARV = Plinth area x Monthly rental value in ₹/ sq ft x 12
Commercial Hyderabad Property Tax= 3.5 x Plinth Area in sq.ft. x Monthly Rental Value in ₹/sq.ft.

How can I check my property tax in Hyderabad?

While you can pay property tax in Hyderabad both through the online & offline process. However, all the details about property tax including your due amount for property tax, the total amount to be paid etc. can be checked online at the official GHMC website using your Property Tax Identification Number (PTIN). The link for the official GHMC property tax web portal is https://www.ghmc.gov.in/.

How can I check my GHMC property tax online?

To check your property tax in Hyderabad, you need to visit the official website of GHMC by visiting at https://www.ghmc.gov.in/. Under the Online Payments tab, click on Property tax and enter your unique Property Tax Identification Number (PTIN) to know all about your property tax dues.

How can I change my name in property tax in Hyderabad?

To change your name on the property tax records, you would require essential documents including receipt of last tax last paid, attested copy of the sale transaction deed along with No Objection Certificate from the associated housing society and duly-filled application form with signatures etc. These documents along with the required application form then need to be submitted to the Commissioner of Revenue. Once the application is verified it will be approved within 15-30 days.


Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.65%. Cashback of up to ₹ 1,000.

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000 .

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.50% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 7.20%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 6.95%.

    Invest Now
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Loader
Please wait while your information is being processed...