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Local governments in India rely heavily on money collected from property taxes as their primary source of income.
In Hyderabad, Telangana, the Greater Hyderabad Municipal Corporation is in charge of levying and collecting property taxes (GHMC).
Following Hyderabad’s incorporation into the newly formed state of Telangana, the Greater Hyderabad Municipal Corporation (GHMC) Property Tax became an essential part of the Greater Hyderabad Municipal Corporation’s (GHMC) taxes and levies. Property tax is a direct tax collected throughout Telangana by the state government via the various municipal and civil bodies.
The GHMC fee is being used to fund the construction of municipal infrastructure and the improvement of social amenities in the surrounding area of Hyderabad. The Greater Hanover Municipal Corporation imposes a property tax on land parcels, residential structures, commercial structures, and apartment complexes.
To improve accessibility and promote openness, the GHMC now accepts payments of property taxes via an online platform. PTIN stands for “Property Tax Identification Number,” which is used to pay the GHMC property tax. The present value of the property is taken into account, together with annual rental values and other aspects, in the calculation of the GHMC property tax, which is based on the value of the property.
In The Context Of The GHMC Property Tax Payment, What Does PTIN Stand For?
A Property Tax Identification Number is what is meant by the abbreviation PTIN. It is a ten-digit number that has never been used before and was provided by the Greater Hyderabad Municipal Corporation (GHMC). A PTIN is assigned to every apartment, independent residence, and villa in the city of Hyderabad.
A PTIN is necessary for the payment of GHMC property taxes. An individual may search for the property tax obligations for the corresponding year using the specific PTIN. If a person owns both a villa and an apartment, the GHMC will issue that person two different PTINs.
What are the procedures for obtaining GHMC property tax information in Hyderabad?
Online access is available for the GHMC property tax form. To get further information on the accumulated property tax in Hyderabad, please follow the procedures provided below.
You may get an estimate of your GHMC property tax by using any of the following information: Number and Name of the PTIN Owner, as well as Door Number
- The first thing you need to do is go to the GHMC’s official website, which can be found at https://www.ghmc.gov.in/ghmc.aspx.
- Navigate to the ‘Online Payments’ button at the very top of the page, and then choose the ‘Property Tax’ option.
- When you click on the page labelled “Property Tax,” you will be sent to the website at https://onlinepayments.ghmc.gov.in/.
- From the drop-down menu labelled “Property Tax,” choose the option labelled “Search Your Property Tax.”
- Select which of the following information you want to fill in: circle, PTIN number, owner’s name, or door number. To get your OTP, choose the “Get OTP” option. A one-time password (OTP) will be sent to the registered mobile phone number.
Where Can I Find The Instructions For Paying My GHMC Property Taxes Online?
- First, navigate to https://onlinepayments.ghmc.gov.in/ in your web browser.
- Select “Property Tax Payment” from the list of options in the drop-down box labelled “Property Tax.
- The window that is seen below will appear. Please enter the PTIN number in this space, then click the “Submit” button.
- After you have entered your information and clicked “Submit,” the specifics of your property tax, including any arrears, interest on arrears, and adjustments, will be shown on the screen. You can validate the facts.
- Navigate to the payment page and make your payment using a method of your choosing, for example, a debit card, a credit card, or online banking.
It should be emphasized that the information provided online is current and that there is no need to visit the GHMC office in person.
How Can I Make An Offline Payment Toward My GHMC Property Tax Bill?
The GHMC property tax can be paid in person or via mail in addition to being paid online. The following are the non-digital methods through which you may pay the GHMC property tax.
Over 72 Mee-Seva Centres inside GHMC boundaries. GHMC-affiliated bill collectors’ handheld devices; Citizen Service Centres (CSCs) in 19 circles; and the GHMC headquarters’ Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), and Online Payment at 537 branches of more than eight banks. You may also send a demand draft (DD) to the Commissioner of the GHMC. If you are experiencing trouble paying your GHMC property tax online, you can pay it offline instead.
How Can I Have Access To The GHMC Property Tax Information Based On My Door Number?
After the GHMC has completed the house inspection and verified all property documents, they will issue a Door Number to each household.
If a person does not have a PTIN number that the GHMC granted, that individual is still able to make a payment on their GHMC property taxes by utilising the door number.
If you complete this task successfully, be sure to follow the steps given below.
- First, navigate to https://onlinepayments.ghmc.gov.in/ on your web browser.
- From the “Property Tax” drop-down menu, choose the option to “Search Your Property Tax.”
- To get the One Time Password, provide the information for the ‘Door number,’ as well as the registered mobile phone (OTP). After entering the OTP, the required GHMC property data will be made available to you.
What Is The Formula For Calculating The GHMC Property Tax In Hyderabad?
The GHMC property tax is calculated differently for residential structures than it is for commercial ones. A formula for determining the GHMC property taxes that apply to residential structures
The GHMC uses a taxing method known as a slab rate to compute the amount of property taxes owed by homeowners. For residential properties, the GHMC uses the following formula to compute property taxes:
- Annual Property Tax = Gross Annual Rental Value X (17 percent – 30 percent ) (Slab Rate Less a Depreciation of 10%) + 8% Fee for the use of the Library
Note: GARV = Plinth Area X (Multiplied by) Monthly Rental Value in Rs /Sq ft X 12
*Slab rate will be determined based on GHMC-established Mo(nthly Rental Value (MRV).
[Here: GARV = Plinth Area X (Multiplied by) Monthly Rental Value in Rs /Sq. ft X 12]
The term “Plinth Area” refers to the whole built-up area, which includes the balconies and garages. When determining the annual rental value of a self-occupied property, the rent paid
on similar properties is considered. When determining the rent value for a rented residence, the “Rental Agreement” between the homeowner and the tenant is referred to.
A formula is used in the computation for commercial properties, the same as in the computation for the GHMC property tax for residential structures.
Commercial Property Tax Calculation By GHMC
The GHMC determines the monthly rental values (MRVs) for commercial properties by taking into account the location type and taxation zone, the kind of construction, and the purpose of the property.
The formula for calculating the annual property tax for commercial buildings is 3.5 x plinth area (in square feet) x monthly rental values (MRVs per sq. ft per month).
GHMC’s Property Tax Evaluation for Newly Constructed Properties
When it comes to newly constructed homes, an application must be submitted to the Deputy Commissioner of Property Assessment. Documentation supporting the application, such as proof of occupancy or a sale deed, must be submitted with the application.
Following the approval of the application, a GHMC-authorized tax inspector/Valuation officer/Assistant Municipal Officer will conduct a physical inspection of the structure.
They will also review the title deed, the sale deed, and any other important paperwork to ensure that it is legitimate. After the inspection, the property tax is computed considering the current tax rates. After a Property Tax Identification Number (PTIN) has been successfully generated, the inspection is considered complete. This is set aside for potential payments of property taxes in the future.
The GHMC Mobile App For Property Tax
Using the My GHMC app, you can make your GHMC property tax payment. It is a mobile application that may be used for integrated services such as viewing the status of Layout Regularisation Scheme (LRS) applications, downloading birth certificates and death certificates, and paying property taxes and trade license fees.
Android users can download and use this mobile application. To pay your GHMC property tax online, you will first need to download the app onto your mobile device. If this is your first time using the site, you will need to register yourself first.
At this point, choose Property Tax, enter the property ID, and make the payment. We strongly suggest you save the receipt for the payment in case you need it in the future.
In Hyderabad, delinquent payments of property taxes may result in financial penalties. It is a means of payment that occurs twice a year, on the 31st of July and the 15th of October, and payment is due on both dates.
Late GHMC Property Tax Payments Are Penalised
Everyone who lives in Hyderabad or elsewhere within the GHMC’s jurisdiction and owns a residence is required to pay property taxes. If you are late with your payment of the GHMC property tax, you will be assessed a penalty of two percent per month, calculated on the total amount still owed.
Waiver Of Obligatory GHMC Property Taxes
Even though the payment of GHMC property tax is required of all property owners located within the limits of GHMC, Hyderabad, the municipal body allows periodic reductions and refunds in payment of the full amount of overdue property tax. By the GHMC rental value slabs, properties with a monthly rental value (MRV) of Rs 50 per square foot per month or less are free from having to pay GHMC property tax.
| Rental (per month) | General Taxes | lighting, drainage, and misc. taxes | Total Tax amount |
| Up to MRV 50 | Exempted | Exempted | Exempted |
| MRV 51-100 | 2% | 15% | 17% |
| MRV 101-200 | 4% | 15% | 19% |
| MRV 201-300 | 7% | 15% | 22% |
| MRV 300 and above. | 15% | 15% | 30% |
Taxation Rates For Calculating GHMC Residential Property Taxes
(Note: The MRV is expressed in rupees per square foot each month.)
Formerly owned assets, schools for military personnel, charitable organisations, and religious buildings.
A GHMC-authorized property tax inspector is required to certify that a building qualifies for a property tax reduction of 0 percent, as it is given for buildings with empty building premises.
Information Regarding GHMC Property Tax: Contacts
If you have any inquiries about the GHMC property tax, please do not hesitate to get in touch with the following individuals:
- Office Location: CC Complex Tank Bund Road, Lower Tank Band Hyderabad: 500063
- Internet address: www.ghmc.gov.in
- Telephone number: 21111111
You may also complain to the IGRS Hyderabad by utilising their website.
To summarise, GHMC property owners in Hyderabad are obligated to make payments toward their annual property taxes. Every property owner is expected to make on-time payments of their GHMC property tax, with a few notable exemptions. Should this not be done, the GHMC will administer a harsh penalty.
FAQs
Q: Where can I obtain a copy of the GHMC PTIN that was issued to me?
PTIN stands for “Patent Transfer and Improvement Number,” and it is a unique ten-digit identification number for patents. It is being presented by the Global Health Management Consortium, an organization.
Q: Where exactly on the internet can I find information regarding the GHMC’s property taxes?
Go to the website onlinepayments.ghmc.gov.in, and once you’re there, select the menu item labelled “Search Your Property Tax” from the list of available options. This will give you access to an online version of the GHMC property tax check-up. It will reveal any property tax liabilities that are associated with the PTIN that was submitted.
Q; Where can I find the information I need to make an online payment for my property tax in Hyderabad?
When paying GHMC Property Tax online, you will need a PTIN to complete the transaction. After you have obtained it, you will be able to pay the GHMC property tax by going to the
website onlinepayments.ghmc.gov.in, where you will select the “Property Tax Payment” option after clicking on the website.
Q: What aspects of a person’s property are considered during the valuation process for the GHMC’s property tax in Hyderabad?
The formula that must be used to calculate the GHMC property tax that applies to residential properties can be found below –
The annual property tax is calculated as follows: Gross rental yearly value multiplied by (17 percent minus 30 percent) [fixed rate minus depreciation of 10 percent]. + Eight Dollars in Charges for the Library
Q: Can you cater for the GHMC, Hyderabad’s contact information?
The following is the address of the administrative offices run by the GHMC: GHMC, CC Complex, Tank Bund Road, Lower Tank Bund, Hyderabad 500063.
Q: To get in touch with the Greater Hyderabad Municipal Corporation (GHMC), what are the appropriate phone numbers to dial?
The GHMC can be reached by calling either 21111111 or 040-23225397. These are the numbers that should be dialed.
Q: When is the final day that payments can be made for GHMC property taxes? When is that date?
On a semi-annual basis, payments of the GHMC property tax are due on the 31st of July and the 15th of October of each year. These dates serve as the due dates for payments.
Q: Is it possible to pay the property tax in a manner that does not involve the internet?
In addition to making payments online, you can pay the GHMC property tax at Mee-Seva kendras, registered banks, and recognised GHMC service centres. This is permitted.