Property tax in Indore is payable semi-annually or annually and is charged based on the area, location, building type and occupancy status of the property.
You can pay property tax in Indore online or in person. Online payments can be made via the IMC Indore official website or the Indore Nagar Nigam property tax portal.
IMC provides both online and offline modes to pay property tax in Indore. Residents can visit any one of the corporation’s civic centres to pay tax or pay it online via IMC Indore or MP e-Nagar Palika websites. Follow the given steps to learn how to pay property tax online in Indore:
Online Process
Offline Process
Besides online payments, you can pay your due property taxes via designated bank branches, authorised agents, or the IMC office. Follow the given steps:
The property tax that residents of Indore must pay varies from one locality to another. The tax value is based on the dimensions, built-up area, location of the property, and construction type. Here are the main factors:
Based on the above factors, the following formula is used to calculate property tax (on residential properties):
Property tax = PA x MRV x 12 x (0.17-0.3) – [(10% depreciation) + 8% library cess]
IMC has a set date to pay property tax, and it's June 30 of every year. Every property owner must pay their due taxes within this date or face penalties. To incentivise timely payment of taxes, Indore Municipal Corporation typically offers a 6.5% rebate on property tax and 6% on water bills for advance payments.
Any resident who fails to pay property tax in time has to pay penalties ranging from 1.5 to 2 times their outstanding tax according to an amendment to Section 136 of the State Municipal Act, 1956.
Property owners can use the following information to contact Indore Municipal Corporation:
It is important that Indore Nagar Nigam property tax is paid by individuals residing in the area. You must keep in mind the last payment date of your property tax so that you are not charged with any penalties. Moreover, make sure to align yourself with the rebates and exemption laws and check whether you fall into that category before paying the property tax. By on-time payment of property tax in Indore, you help the authorities take initiatives to beautify the area and take measures to enhance the structural facilities.
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