GHMC Property Tax: Payment, Tax Dues, How to Calculate and Receipt Download

Paying property taxes is an important civic duty for property owners, and it is of no difference for the Greater Hyderabad Municipal Corporation’s (GHMC) residents. The GHMC property tax funding is used for urban development projects, maintaining infrastructure, and providing city services, contributing to a better quality of life for all city residents. In this article, we will discuss the following:

• GHMC Property Tax
• Procedure to Pay GHMC Property Tax
• Calculation of GHMC Property Tax
• Penalties if GHMC Property Tax is Not Paid
• Exemptions from Paying GHMC Property Tax
• GHMC Property Tax Rates
• FAQs

What is GHMC Property Tax?

Greater Hyderabad Municipal Corporation or GHMC collects house and property tax from the people of Hyderabad. The state government makes the highest portion of their income from the amount of property tax paid by the citizens of this area. In addition, the municipal bodies use these funds to uplift the city’s standard of living through well-maintained public amenities.

Every year, you must pay property tax irrespective of the use, such as using it for residential or commercial purposes. For having a residential property used by you or for letting it out to other people you are liable to pay tax every year, levied by the state government. Likewise, commercial properties must pay taxes imposed on them.

GHMC Property Tax Payment Online and Receipt Download

The Greater Hyderabad Municipal Corporation has developed a fully online system for GHMC property tax payments. Here are a few simple steps you can follow to make the property tax payment in Hyderabad: 

• Visit the Greater Hyderabad Municipal Corporation’s website.
• Click the ‘Property Tax’ option under the ‘Online Payments’ tab.
• Enter the PTI number and your registered mobile number on the redirected webpage.
• Provide the OTP received on your mobile number and check your property details, such as current dues and any arrears.
• Select a payment method and complete the online transaction.
• After paying the tax amount, you can download the receipt for future reference.

GHMC Property Tax Dues

The following are the GHMC property tax dues that you must incur if you delay the property tax payment:

• The last date for bi-annual payments of GHMC Property Tax are 31st July and 15th October.
• An interest of 2% per month will be levied in case of a delay in payment of GHMC property tax.

Moreover, the penalty amount can increase significantly if you continue the delay. In extreme cases of non-payment, the Greater Hyderabad Municipal Corporation can initiate legal proceedings against you. 

How to Check GHMC Property Tax Online?

If you are wondering how to check GHMC property tax online, you can follow this step-by-step guide:

• Visit the official website of Greater Hyderabad Municipal Corporation.
• Click the ‘Property Tax’ option under the ‘Online Payments’ tab.
• Select the ‘Select Your Property Tax’ option from the ‘Property Tax’ menu visible on the left-hand pane.
• Choose your Circle and enter your PTIN number, owner’s name, door number or mobile number. 
• Select your property from the list of properties in the area.
• Verify your dues, total amount payable and check for arrears.
• If you have any dues, you can make the payment using the online mode.

GHMC Property Tax Rates

The GHMC property taxes are different for residential and commercial properties. Here is a table illustrating the GHMC residential tax rate for residential property:

The following table portrays the tax rate for GHMC commercial properties, including drainage, lighting and conservancy tax:

Calculate GHMC Property Tax Payment

The formula to find GHMC property tax differs for properties owned for either residential or commercial purposes. However, the gross annual rental values form the base for computing the final property tax.

• GHMC Property Tax Calculation on Residential Properties

You can calculate the GHMC tax for your residential property in these simple steps:

• Calculate the total built-up area of your property, including covered spaces, balconies and garages.
• Find out the average rent per square foot for the area your property is situated, as it will help you find the monthly rental value per square foot (MRV).
• Calculate the GHMC residential tax using the formula: Annual Property Tax for Residential Property = Gross Annual Rental Value (GARV) X (17% – 30%) Slab rate to be determined on the basis of MRV as fixed by the GHMC- 10% depreciation + 8% library cess.

You can find the gross annual rental value (GARV) using the formula, GARV = Plinth Area x Monthly rental value in Rs./square foot x 12.

• GHMC Property Tax Calculation on Commercial Properties

You can calculate the GHMC property tax for your commercial property by following these simple steps:

• Calculate the plinth area or total built-up area of your property.
• Find out the state-fixed monthly rent per square foot for your area released by the GHMC every year for different localities.
• Calculate the GHMC property tax for your commercial property using the following formula: Annual Property Tax for Commercial Property = 3.5 x Plinth area in square foot x MRV in Rs./sq.ft.

Moreover, ATMs and cell towers/hoardings draw the highest monthly rental value per square foot at the highest rates of Rs. 70 and Rs. 50 per square foot, respectively. Educational institutions will be charged at least Rs. 8, and hospitals at Rs. 9.50 per square foot as their monthly rent, at a minimum. 

GHMC Tax Exemptions

The following are the property tax exemptions offered by the GHMC for residential and commercial properties in the city:

• The educational institutes up to the 10th standard, registered in the government records, enjoy 100% tax exemptions.
• Landlords earning less than Rs. 5 Lakh per annum can avail tax exemptions for GHMC property tax.
• Places of worship, including temples, churches, mosques, gurudwaras, monasteries, and others, are fully exempted from tax.
• Properties that are owned by servicemen or ex-servicemen are not taxable.
• If the owners live on the premises and the annual rent of the property is less than Rs. 600, they are exempt from property tax.
• Owners with empty premises get 50% relief over the annual GHMC Hyderabad property tax.

How to Change My Name in GHMC Property Tax?

You can change your name in the GHMC property tax by following the below-stated steps:

• Visit the official website of GHMC.
• Log in to your account or register yourself as a new user by inputting all the required details, like name, mobile number, etc.
• Navigate to the property tax section after logging in to your account.
• Search for the option to update details like name in the records of property tax.
• Fill out the application form with the new name followed by all the necessary details of the property.
• Then you need to upload copies of documents like identity proof, proof of name change and also proof of property ownership.
• Review all the details you have given in the application form and then submit it.
• After submission, the GHMC will verify the application as well as the documents attached. Note that you might receive an OTP to complete the verification process.
• Lastly, after completing the verification process, you will get a confirmation mail showing that your name has been successfully updated in the property tax papers.

Final Word

Therefore, managing GHMC property tax does not have to be an ordeal. Understanding how to calculate tax, update dues, make online payments, and download receipts will save you much time for timely hassle-free tax compliance. 

Moreover, you can avoid all penalties and contribute to a better Hyderabad in terms of infrastructure and public services. With the current digital conveniences provided by GHMC, you can be a few clicks away from paying your property tax.