The local municipal authority is responsible for maintaining cleanliness, ensuring water supply, managing local roads, and maintaining the drainage system, all while promoting the overall development of the area. To fund these services, they depend on property tax revenue. Property owners have to pay this tax to their respective municipal bodies.
If you own property in Vasai Virar, Maharashtra, you have to pay Vasai Virar property tax to the Vasai Virar City Municipal Corporation (VVCMC). Continue reading to learn more about VVCMC property tax in detail.
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.
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:
Step 1: Go to the official page of Vasai Virar City Municipal Corporation's tax calculator.
Step 2: Choose the relevant zone, construction type, usage type, and ward. After selecting these, more options will appear. Fill in the necessary details and press 'Calculate'.
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
You can conveniently pay the Vasai Virar property tax online by following the steps mentioned below:
Step 1: Go to the official portal of Vasai Virar City Municipal Corporation.
Step 2: Scroll below and tap on the ‘Property Tax’ button.
Step 3: Select the ‘Online Payment’ option and search for the property either with the property owner's name or the property number.
Step 4: Provide the ward and zone details and click the ‘Search’ button.
Step 5: Go through the property-related details like the property owner’s name, address, discount in the property tax, and the tax amount of the property for one year or five years.
Step 6: Next, mention the other required details, like mobile number, email ID, and captcha code.
Step 7: Choose your preferred mode of payment and complete your transaction.
You can perform Vasai Virar property tax payment offline by following the steps mentioned below:
Step 1: Go to the head office of Vasai Virar City Municipal Corporation
Step 2: Upload the required documents and pay the property tax amount.
Step 3: Get the VVCMC property tax payment slip.
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.
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.
The deadline for paying property tax in 2024 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.
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.
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