GHMC property tax: Your guide to calculating and paying property tax online in Hyderabad

[ecis2016.org] Discussed are the steps to pay property tax online if your property falls under the limits of the Greater Hyderabad Municipal Corporation (GHMC)

The GHMC property tax is an expense that all property owners in Hyderabad have to bear. GHMC property tax amount is used for betterment and maintenance of amenities and facilities and for infrastructure development in the area.

You are reading: GHMC property tax: Your guide to calculating and paying property tax online in Hyderabad

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GHMC property tax payment

Property owners in Hyderabad pay property tax to the Greater Hyderabad Municipal Corporation (GHMC). All property owners in Hyderabad are legally obliged to make the GHMC property tax payment once a year, unless they enjoy GHMC property tax exemption, because they belong to a specific category of owners.

Discussed in this article are aspects such as GHMC property tax online payment, property tax slab, liability and steps to pay your property tax in Hyderabad.

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GHMC property tax: Calculation

To calculate GHMC property tax, the GHMC uses the annual rental system for calculation of property tax on residential, as well as commercial buildings. Even if the building is not actually earning any rent, the municipal body levies property tax, based on its potential to generate rent. Depending on the value attached to the property, a specific tax rate is applied. To find out the annual rental value of your property, you could use the GHMC property tax calculator online.

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GHMC property tax: Rates

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

*Rates are inclusive of lighting, drainage and conservancy tax.

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How to calculate GHMC property tax?

The GHMC conducts surveys of every area under its purview and fixes a monthly rent on the plinth area per sq ft. Plinth area is the entire built-up area of your building, including balconies, parking, lawns, etc. You could click here to find out the monthly rent on the plinth area per sq ft on your building.

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GHMC property tax calculation example

How the monthly rental value is decided

You could arrive at the monthly rent by multiplying the plinth area with the state-notified monthly rent value.

In case of a 500 sq ft home, its monthly value would be Rs 2,500, assuming the monthly value per sq ft is Rs 5. By now multiplying the amount by 12, one can arrive at the annual value of the property – Rs 30,000 in this case.

The annual value of the property must be divided in two equal parts – i.e., between the land value and the building value, as has been prescribed by the Hyderabad municipal body. This is done to decide the age of the building and extend rebate on tax payment.

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In our example, thus, the annual value of the property would thus be:

Rs 15,000 in case of land, and

Rs 15,000 in case of building

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Age rebate on building

0-25 years	10%
26-40 years	20%
More than 40 years	30%

Let us assume that a 10% depreciation is allowed on our building value, as it is 15 years old.

The annual rental value of the property would thus be:

Rs 15,000+Rs 13,500 (after reducing 10% or Rs 1,500 from the building value)= Rs 28,000

So, our total net annual rental value would be Rs 28,000.

Since the monthly value of the property exceeds Rs 300, the 30% tax slab would be applicable. On this value, a library cess of 8% has to be applied.

Property tax would be: 30% of Rs 28,000 = Rs 8,400

On the value, we have now reached, 8% library cess has to be imposed.

8% of Rs 8,400= Rs 672

Total property tax for the year: Rs 8,400+672 = Rs 9,072

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How to generate PTIN to pay GHMC property tax?

Before starting the process, the taxpayer should be ready with his 10-digit Property Tax Identification Number (PTIN). In case of old properties, the GHMC allots a 14-digit PTIN.

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How to generate PTIN

Owners of new properties have to get a PTIN generated, by giving an application to the city deputy commissioner along with copies of their sale deed and occupancy certificate. After physically verifying the property and all the legal documents, a PTIN and house number is issued to the owner by the authority.

How to generate PTIN online

The PTIN could also be generated through ‘Online Self Assessment Scheme’ introduced by the GHMC.

Go to https://www.ghmc.gov.in/Propertytax.aspx, and click on ‘Online Services’ to land on ‘Self Assessment of Property’.

ghmc property tax

Now, provide all personal and property details, including locality, building permission number, occupancy certificate number, nature of the building, usage, plinth area, etc. After you key in the details, the approximate annual property tax will be displayed on the screen.