The Vasai Virar City Municipal Corporation charges a property tax on real estate. They collect this tax annually from different types of property owners who fall under its jurisdiction. A property tax is also called 'Gharpatti' in Marathi. The municipal body uses Vasai Virar Municipal Corporation property tax for the maintenance of the city. This benefits the residents of the city in several ways such as uplifting property prices, providing a better quality of life to them, etc.
The deadline for paying property tax is December 31. If payments are made within three months after 31st December, they will fall under the grace period. However, after March 31, those who have not paid will be charged a 2% monthly penalty on the remaining balance.
You can conveniently pay the Vasai Virar property tax online by following the steps mentioned below:
You can perform Vasai Virar property tax payment offline by following the steps mentioned below:
To download your Vasai Virar property tax bill, simply tap on the ‘Download Bill’ option, and you will find a PDF of the bill downloaded to your computer.
To determine the Vasai Virar property tax, you need to take into account several factors which are as follows:
Now, you can compute your Vasai Virar property tax using either of the following formulas:
The following are the steps you need to follow to automatically calculate your Vasai Virar property tax:
The property tax amount for Vasai-Virar Mahanagar Palika will then be displayed on the screen.
The manual calculation of the property tax bill is done on the basis of the 'Rateable Value of Property' and the applicable 'Rate of Taxes'. The calculation of the rateable value of the property is using the formula:
Rateable Value of Property = Area x standard rent x 12 - 10% of standard deduction
For checking receipts of your previous Vasai Virar property tax, tap on the ‘Show Receipt History’ option and you can find the complete information in the receipt like the name of the zone, the amount paid and the receipt date.
Staying informed and meeting your Vasai Virar property tax responsibilities is essential for supporting the area's infrastructure and services. Whether paying online or offline, the Vasai Virar City Municipal Corporation provides multiple ways to make the process easier. Moreover, residents can take advantage of exemptions and rebates, promoting timely tax payments and proper waste management.