Are you willing to purchase a property in Nagpur?

If yes, then you must know all the costs associated with a property purchase.  For each property you own in Nagpur, the municipality levies a direct tax known as property tax. The Municipal Corporation of Nagpur collects property tax to improve local amenities such as repairing roads, maintaining parks, schools and so on.

Read the following sections to have a clear idea of property tax in and how to calculate and pay your property tax.

Property tax is the annual charge that the Nagpur Municipal Corporation imposes on the property owners  in Nagpur.

Individuals have to pay property tax to Municipal Corporation, depending on the location of their property.

With the fundamentals of property tax out of the way, let’s move to the calculation and payment section.

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Nagpur Municipal Corporation uses Unit Area System to calculate house tax amount.

Under this process, property tax amount is calculated based on the per-unit price of the built-up area of a property. Here, the calculation occurs evaluating the expected returns of a property.

Property tax = Rate of tax x Annual value

Here,

Annual value = Unit area of property x Unit area value per sq metre x Use factor x Age factor x Occupancy factor x Structure factor

Factors like age of the property, location of a property, occupancy type (self-owned or rented), built-up area (total size of a property), and type of property (residential or commercial) determine house tax amount in Nagpur.

To pay house tax in Nagpur, one can take both the online and offline routes. Follow the steps to complete property tax payments in Nagpur.

Step 1 – Visit the official website of Nagpur Municipal Corporation. Click on ‘Property Tax’ under ‘Services’.

Step 2 – Click on ‘Pay Tax and Generate Receipt’.

Step 3 – Individuals will be redirected to a new webpage where they have to enter their index number.

Step 4 – After that, a new webpage will open, which will display all the information of taxpayers.

Step 5 – Next, click on the ‘Action’ button and from the drop-down menu, select ‘Choose’.

Step 6 – Click on ‘Pay tax’. Payable tax amount will appear on screen.

Here, individuals can see options for paying house tax of five years in advance. Property owners can choose this option if they wish to pay in advance.

Individuals willing to avail rebate must click on ‘full’ option and discard the option ‘partial’. Remember, the rebate is available only in case of full payment of house tax in Nagpur. Here, the full amount will appear on screen after deducting the rebate.

Step 7 - Complete payment through a suitable payment gateway. After successful payment, an acknowledgement slip will be generated. Save it for future reference.

Step 1 – Visit the Nagpur Municipal Corporation office.

Step 2 – Locate the authorised counter for paying property tax in Nagpur.

Step 3 – Make payment via cash or cheque.

Step 4 – Collect acknowledgement receipt after paying tax amount.

Now that individuals know the payment procedure of property tax in Nagpur, they can complete the task without any hassle.