Property Tax Hyderabad
Property Tax in Hyderabad
Buying property can be one of the biggest milestones to achieve but there are other legal factors beyond signing. Property tax in Hyderabad is one of the crucial factors of homeownership. Nonetheless, the government is required to preserve your neighbourhood. You may find yourself with more questions than answers when navigating Hyderabad's complex property tax system.
This guide will help you get through the tax payment process in just a few steps. For a comprehensive reference on property taxes in Hyderabad, continue reading. You'll find details on rates, the Greater Hyderabad Municipal Corporation (GHMC) property tax deadline, and instructions on how to check and pay your taxes online.
About Property Tax in Hyderabad
The Hyderabad Municipal Corporation property tax is imposed by the GHMC to raise funds for the city's betterment. The tax is collected twice a year.
There has never been a better time to invest in this area, with well-known townships and business centres setting the standard. One important component of homeownership in Hyderabad that significantly contributes to the growth of the city is property tax.
The property tax is calculated according to the plinth area (built up area), including balconies and verandas. These parameters are assigned by the GHMC and are available on their official website.
The tax must be paid on a half-yearly basis once by July 31st and the other half by October 15th. 2% of the due tax will be charged per month as a fine for delayed payment.
How Can I Check My Property Tax in Hyderabad?
Here is a step-by-step guide on how to check property tax in Hyderabad:
Step 1: Visit the official website of GHMC property tax portal.
Step 2: Enter your registered mobile number and the PTIN number.
Step 3: Select ‘Know Property Dues’.
Step 4: You will be able to see the details of your property tax in this way.
What is the Property Tax Rate in Hyderabad?
Here are the property tax rates in Hyderabad.
Monthly rental value. | General tax rate |
---|---|
Up to Rs. 50 | Exempt |
Rs. 50 – Rs. 100 | 1 - 3% |
Rs. 101 – Rs. 200 | 3 - 4% |
Rs. 201 – Rs. 300 | 5 - 8% |
Rs. 300 and above | 10 - 16% |
How Can I Register My Property Tax Online in Hyderabad?
Follow the steps below to register your property tax online in Hyderabad:
Step 1: Visit property tax portal of GHMC.
Step 2: Below the option of entering your PTIN, an option is provided to register your mobile number.
Step 3: Once you click on that option, you must fill a form providing the details of your property.
Step 4: Click on ‘Submit’ to register your property tax.
How to Pay Property Tax Online in Hyderabad
You can process the GHMC property tax online payment easily in Hyderabad. Here are the steps to pay it online:
- Step 1: Visit the GHMC property tax website.
- Step 2: Enter your PTIN and registered mobile number and enter the OTP to proceed.
- Step 3: Click on ‘Know Property Dues’ and you will be able to see the amount to be paid.
- Step 4: Choose a payment method and make the payment.
Frequently Asked Questions (FAQs)
Here are the answers to some of the commonly asked questions about property tax in Hyderabad:
1. How can I download the property tax receipt in Hyderabad?
Visit the GHMC website and click on the property tax drop-down menu to the left side of the page. You will then find a ‘Download Receipts’ option under this menu.
2. How can I change my mobile number in Hyderabad Property Tax online portal?
To change your official registered mobile number, you will have to log in to the main website and submit a request to have your registered mobile number changed.
3. How is property tax calculated in Hyderabad?
The property tax in Hyderabad is calculated taking into factors like weightage of the property's type, location, age, usage and the property's use.
4. What is the last date for paying property tax in Hyderabad?
Taxpayers need to ensure the sum due is paid on or before October 15, after which a penalty of 2% will be charged monthly for the delay.
5. How can I get my property tax bill number in Hyderabad?
You can visit the GHMC website and under the property tax section you will be able to access your bill details.
Disclaimer: The content on this page, including rates, charges, fees, commissions, brokerages, etc. is provided for informational purposes only and may not be entirely accurate/updated. It is compiled from various online sources and is subject to change. To make informed decisions, kindly consult with a relevant professional.
Table of content
- Property Tax in Hyderabad
- About Property Tax in Hyderabad
- How Can I Check My Property Tax in Hyderabad?
- What is the Property Tax Rate in Hyderabad?
- How Can I Register My Property Tax Online in Hyderabad?
- How to Pay Property Tax Online in Hyderabad
- Frequently Asked Questions (FAQs)