Own a flat or shop in Hyderabad? You owe the Greater Hyderabad Municipal Corporation (GHMC) property tax each year, if you live in it, rent it or vacate it. Missing deadline means 2% monthly penalty starts pilling up and continued non-payment can even invite legal action. Whereas the good aspect is that GHMC has made the entire process online, from checking your dues to paying and downloading your receipt in a few clicks. This article covers GHMC property tax, the exact calculation formula for residential and commercial properties, payment deadlines and exemptions.
The Greater Hyderabad Municipal Corporation (GHMC) is responsible for collecting house and property tax from residents of Hyderabad. Property tax forms a major source of revenue for the state government and is crucial for improving urban infrastructure and maintaining civic amenities.
Whether your property is used for residential or commercial purposes, you are required to pay property tax annually. This applies to self-occupied homes as well as rented-out residential units. Similarly, owners of commercial properties must pay tax as per GHMC’s applicable rates. Timely payment ensures continued development and a better standard of living in the city.
GHMC Property Tax Due Date
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.
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:
1. Visit the Greater Hyderabad Municipal Corporation’s website.
2. Click the ‘Property Tax’ option under the ‘Online Payments’ tab.
3. Enter the PTI number and your registered mobile number on the redirected webpage.
4. Provide the OTP received on your mobile number and check your property details, such as current dues and any arrears.
5. Select a payment method and complete the online transaction.
6. After paying the tax amount, you can download the receipt for future reference.
If you are wondering how to check GHMC property tax online, you can follow this step-by-step guide:
1. Visit the official website of Greater Hyderabad Municipal Corporation.
2. Click the ‘Property Tax’ option under the ‘Online Payments’ tab.
3. Select the ‘Select Your Property Tax’ option from the ‘Property Tax’ menu visible on the left-hand pane.
4. Choose your Circle and enter your PTIN number, owner’s name, door number or mobile number.
5. Select your property from the list of properties in the area.
6. Verify your dues, total amount payable and check for arrears.
7. If you have any dues, you can make the payment using the online mode.
The GHMC property taxes are different for residential and commercial properties. Here is a table illustrating the GHMC residential tax rate for residential property:
| 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% |
The following table portrays the tax rate for GHMC commercial properties, including drainage, lighting and conservancy tax:
| Monthly Rental Value of Property | Tax Rate |
| Up to Rs. 500 | 30% |
| Rs. 501 - 1000 | 35% |
| Rs. 1001 - 2000 | 40% |
| More than Rs. 2000 | 50% |
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.
You can calculate the GHMC tax for your residential property in these simple steps:
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.
You can calculate the GHMC property tax for your commercial property by following these simple steps:
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.
You can change your name in the GHMC property tax by following the below-stated steps:
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.