Property Tax Calculator

Both authorities use the unit area method: a notified rate per square metre for your sector category, multiplied by covered area and adjusted for usage, occupancy, age and construction type. The resulting annual value is taxed at roughly 15% for residential property. Sector categorisation matters most. A Category A sector can carry nearly double the unit area value of a Category D sector for an identical flat.

Interest accrues at around 12% a year, and the dues attach to the property rather than to you personally. That means they pass to any buyer, so arrears surface during a sale and become a direct deduction from your price. Prolonged default allows municipal bodies to attach and auction the property, though this is rare compared to the more routine problem of a stalled transaction.

Generally no until possession, since the liability sits with the builder while the property is under construction. Once you take possession and the property is mutated into your name, the liability becomes yours from that date. Check that the builder has actually cleared tax for the construction period. Unpaid dues from that time can attach to your unit.

Mutation records you as the owner in municipal records and is separate from registration. Apply to the municipal corporation with the registered sale deed, previous tax receipts, an indemnity bond and identity proof. Without mutation, tax demands continue in the previous owner's name, which causes problems at your next sale and can complicate a home loan against the property.

Yes. Municipal taxes actually paid during the year are deductible from gross rent before computing income from house property, and this is in addition to the 30% standard deduction. The key word is paid — you can only claim tax you have actually discharged in that financial year, not tax that was merely due.

Notified unit area values, category boundaries and multipliers are revised by each municipal body and vary by ward, and some authorities apply additional cesses or arrears adjustments that a general calculator cannot know about. Treat this as an indication of the order of magnitude. Your official demand notice or the authority's own portal is the authoritative figure.