Property Tax in Gurgaon and Its Calculation

Property Tax in Gurgaon and Its Calculation

Property Tax is an amount charged annually by the local governing authority of the jurisdiction, applicable on all tangible real estate properties like houses,office buildings malls, shops, plots etc. This tax amount is paid by land owners based on size, type of building and use of property. The collected tax amount is used for public services like road repairs, water and sewer improvements, lights and fire protection ,construction of schools and library and many other benefits for community.

Property Tax Rate on Vacant Plots In New Gurgaon

  • Up to 100 sq yd ( Residential/Commercial ) annual property tax is nil.
  • From 101 sq yd to 500 sq yd ( Residential) Annual Property tax is Rs. 0.50 per sq yd.
  • Above 500 Sq.yd ( Residential) annual property tax is Rs.1 per sq.yd.
  • From 101 sq yd and above (Commercial ) annual property tax is Rs. 5 per sq yd .
  • From 500 sq yd and above (Industrial & Institutional) annual property tax is Rs. 2 per sq yd.
  • Property Tax Rate on Housing Societies Apartments In New Gurgaon.

On carpet area up to 2000 sq ft applicable annual property tax is Rs. 1 per sq ft.
On carpet area from 2001 sq ft to 5000 sq ft applicable annual property tax is Rs. 1.20 per sq ft.
On carpet area above 5000 sq ft applicable annual property tax is Rs. 1.50 per sq ft.
Property Tax Rate on Houses In New Gurgaon

Up to 300 sq yd annual property tax is Rs 1per sq.yd.
From 301 sq yd to 500 sq yd annual property tax is Rs. 4 per sq yd.
From 501 sq yd to 1000 sq yd annual property tax is Rs. 6 per sq yd.
From 1001 sq yd to 2 acres annual property tax is Rs. 7 per sq yd.
Above 2 acres annual property tax is Rs. 10 per sq yd.

Property Tax Rate on GF Shops In New Gurgaon- Commercial Property
Up to 50 sq yd annual property tax is Rs 24 per sq.yd.
From 51 sq yd to 100 sq yd annual property tax is Rs. 36 per sq yd.
From 101 sq yd to 500 sq yd annual property tax is Rs. 48 per sq yd.
From 500 sq yd to 1000 sq yd annual property tax is Rs. 60 per sq yd.

If you want to check your property tax the you are required to register and login on the haryana govt portal. www.ulbhryndc.org

Dear Readers we like to hear from about this blog updates on gurgaon real estate market. If you have any query or suggestion please do post a comment in below comment box.
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