AuthorMy blog is all about Real Estate property coming to Bangalore, Chennai, Delhi & Mumbai. Archives
September 2018
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A Guide To Pay Property Tax In Mumbai1/25/2019 Looking To Pay Property Tax In MumbaiProperty tax is a certain amount of fund collected in the form of tax for the government by the municipal corporation from the property owners with in the jurisdiction of that specific corporation. The amount collected will be used for the developing of that jurisdiction such as the maintenance of roads, provision of civic amenities like the street lights, proper roads, drainage system, parks and curbing the crime rate. This tax is imposed on half-annual or annual basis which is to be paid to the municipal corporation however, the amount of tax to be imposed varies from one location to the other location. Godrej Kharghar | Retreat Kharghar, an upcoming residential project in Navi Mumbai is for the inhabitants of in and around Navi Mumbai and Mumbai. Lets know the process to pay the Property Tax and enjoy the ownership of your dream house Godrej Kharghar. Stage government taking initiatives on the levied property tax, BMC (BrihanmumbaiMumcipal Corporation) passed a proposal on July 7th,2017 to exempt the impose property tax on the houses which has a carpet area of 500 sq. ft. It has also proposed 60 per cent concession for those houses with the dimensions from 500 sq. ft to 700 sq. ft. Chief Minister of the state also supportively said aboud the eradication of property tax. Initially, this will be applicable only for the houses which falls under the jurisdiction of BMC. Quickie to the calculation of property tax |