All You Need to Know About NMMC Property Tax

Navi Mumbai, a satellite city of Mumbai, mandates property owners to contribute towards the revenue of the Navi Mumbai Municipal Corporation (NMMC) through annual property tax payments. This crucial source of funding plays a pivotal role in supporting various development projects in Navi Mumbai. In this post, we delve into the various aspects of NMMC property tax and provide comprehensive information on the different methods available for conveniently depositing your taxes.

What is NMMC Property Tax? 

Mumbai is one of the metropolitan cities of India. One can also call it the hub of dreams. Some of the localities confine the mixed-sized wealth of the entire city. Composed of the towns like Vashi, Belapur, Turbhe, Nerul, Airoli, Ghansoli, and Koparkhairane, this whole area comes under a common name, “Navi Mumbai.” Spanning an area of around 105 km, this area is administered by the municipal corporation. The municipal corporation’s tax from the property owners is known as Navi Mumbai Property Tax. 

NMMC Property Tax Calculator

The basis of the Navi Mumbai municipal corporation property tax calculator calculation depends on the value of the property concerned. This value itself decides the rate at which the tax should be imposed on the land/property. The Navi Mumbai municipal corporation itself announces it every year and the factors determining the value for a particular year are: 
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• The type of construction of the property 
• The rate of the rent the property owner collects 
• The uses, additions, and extensions of the concerned property

Customers can utilise this formula by going to the online tax calculator at the official website of NMMC and calculating it there itself. For residential properties, this tax is about 38.7% of the rateable value of the property. The property’s rateable value is calculated based on various factors and helps in involving reasonable costs such as taxes and other formalities. 

In the case of commercial or non-residential property, the value of the same tax hikes at 68.33%of the rateable value. Besides, it is easy to calculate the rateable value by deducting 10% of the statutory portion from the expected annual rent rate. 

Areas under NMMC

The first and most important factor to consider is if you are covered by the NMMC. It has a total size of 108.5 square kilometres. Vashi, Belapur, Turbhe, Nerul, Airoli, Ghansoli, and Koparkhairane are all directly under the NMMC. If you own property in these wards, you will be subject to the NMMC’s restrictions, which are similar to those that apply to Greater Mumbai. To get a clear idea of what you would have to pay, use the property tax calculator – Navi Mumbai.

Checking Your Property Tax Value

So, before you pay your NMMC property tax bill online, you’ll need to consider and figure out how much you’ll have to pay. A simple procedure can be used to accomplish this.

There is a “Self Assessment of Property Tax” option on the left-hand side of the website. You will be taken to a new page where you must fill in some vital facts such as the Ward number, plot type, occupancy status, and if the property is for residential, commercial, or industrial use. Your property tax bill online for Navi Mumbai will be computed automatically and displayed on the screen once you have entered all of the required information.
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If you’re wondering how this is done, you should know that the NMMC property tax is computed using the property’s market value.

Assume you purchase a property in your name at market value. The price you paid for it now determines how much property tax you will have to pay. If the property’s market value rises, your property tax value will rise as well. Your property tax value decreases as the market value decreases. So, this is how the calculation system works.

MCGM Property Tax Mumbai: Your Guide to Paying BMC Property Tax

The MCGM property tax is the tax paid on a person’s property in the Mumbai Metropolitan Region (MMR). Property tax in Mumbai is calculated by the state government based on the property’s value. Property tax in Mumbai is due to the Brihanmumbai Municipal Corporation (BMC) every year by owners of residential properties in Mumbai. The MCGM property tax website allows them to pay property tax online in Mumbai.

Starting April 1, 2022, the MCGM property tax may be revised by 10-18% for the new fiscal year 2022-23. The most recent revision was scheduled for 2020 but was postponed due to the epidemic. According to the Mumbai Municipal Corporation Act, property taxes are revised every five years. Property tax on a capital basis was last revised in 2015. BMC may adopt an increase in MCGM property tax, including capital value revision, beginning this year and lasting for the following three years, as MCGM property tax is one of BMC’s fixed incomes.
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NMMC Property Tax Online Payment 

In today’s digital generation, everything is possible online only. Taxation and payments are not an exception. For NMMC Property Tax payment online, you have to follow some simple steps:

• Visit the official website of Navi Mumbai municipal corporation. 

• Go to the payment page and enter your property code

• On entering the property code, all the details like the owner details, mobile number, address, id of the property would be spontaneously visible.
• Now Click on the “Pay Online” Button

• On redirection, you will now see multiple online payment modes available for your tax payment. Choose the desired mode of online payment and complete the payment procedure. 

Screenshot source: https://www.thecurrentindia.com/tax/nmmc-property-tax-online-payment/

• You will receive an acknowledgement with the receipt ID and transaction information after you have completed your NMMC Online Property Tax Payment.

NMMC Property Tax Offline Payment 

Not everyone is comfortable paying taxes online. Some might prefer to pay in person. Here are the details of the Navi Mumbai municipal corporation property tax bill payment via offline mode. The steps included in the offline process are given below:
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• The first step is the same as in online payment. Visit the official website and go to the payment page.

• Enter the property code and wait for your property details to load. 

• After the details load, like the owner’s phone number, address, property ID, and others, verify them.
• Select the payment mode as offline.

• The next instruction is to download the challan and pay at the ward office.
• Irrespective of whether the mode of payment is online or offline, saving the tax receipt is essential. In case any property dispute arises, this would be helpful.

How to Register for E-Demand/ SMS Alert for NMMC Property Tax?

To set up SMS alerts or e-demand alerts for your NMMC Property tax, click on the “E-Demand/ SMS Alerts” button on the website. This will lead you to a pop-up where you will need to fill out details like email ID, property code that you can find usingthe site’s code search option, and registered mobile number.

NMMC Property Tax Online Bill 

Follow the instructions below to check your most recent Navi Mumbai property tax bill online:

• Open the official website of the Navi Mumbai municipal corporation and navigate to the bill view page. 

• Enter the property code, click on the search button and then wait a few seconds for the search to complete.

• On the screen, you will see your property information as well as the overdue bill amount. Select the “View Current Bill” option from the menu at the bottom of the screen.

• On the screen, you’ll see your most recent Navi Mumbai property tax bill. The bill is also available for download in PDF format.

Source: thecurrentindia.com

NMMC Property Tax Bill Search by Name 

What to do if you somehow lose the property code and suddenly need to retrieve any details. For the entire process of the Navi Mumbai municipal corporation property tax bill search by name, here are the main steps: 

• Visit the official website of NMMC and head to the property section.
• Here click on “search by name” option.

• From the dropdown menu, select your ward and Enter your first and last names. You can also choose the housing society or your apartment name from the list. 
• Now press the Search button and your property details will be visible on the screen.

• It is not necessary to include the building name, plot number/name or ward name, although doing so can help you receive more precise findings.

NMMC Property Tax Online Tax Payment Receipt

Saving receipts is an important task. If any legal dispute arises, it will serve as a legal piece of evidence. Steps to get the Navi Mumbai municipal corporation property tax payment receipt are here: 

• Visit the official website of Navi Mumbai municipal corporation and go to the property tax page.
• In the search option, type the property code. 

• All the details of the property will be displayed on the page.

• Click on the view ledger button, and a ledger with all the details of the previous tax payments would be displayed.
• Click on the receipt print icon to save the hard copy of the document for future reference. 

NMMC Property Tax Online Name Change 

You might need to change the name of the documents. As far as the Navi Mumbai municipal corporation property tax online name change is concerned, some steps would help the customers get their names changed. 

• A receipt for the tax paid the last time is the first thing you need. 
• A tax name change form is filled out appropriately. 
• An attested copy of the deed of the transactions carried over time. 
• Finally, you would need a no-objection certificate signed by the authorised housing society. 

NMMC Property Tax: Delay Payment Charges on Failure of Payment

The NMMC has strict rules on the payment of property taxes. The failure to pay property tax on time accrues Delay Payment Charges (DPC). The DPC is basically a penalty charge placed over the principal amount owed to the NMMC. Defaulters will have to pay the usual property tax and the DPC. Failure to do so could result in strict action being taken as per NMMC rules, including confiscation of property. 

Abhay Yojana: The NMMC Property Amnesty Scheme

Due to the COVID-19 pandemic that surged over two years, a number of Navi Mumbai property owners were unable to pay property taxes as they usually would. There was a drastic reduction in the revenue collected from property taxes. Despite confiscation notices being sent out by the municipal corporation, there were no changes in the revenue collected. The NMMC was asked to delay payment or penalties on the late tax payments. 

This is when the Abhay Yojana was put into place. This allowed citizens who had not paid property taxes to pay their taxes in full along with a 25% penalty charge as opposed to a much higher penalty in other circumstances. The scheme was initially extended up until the 30th of November, 2021. It was later extended till January 31, 2022, until it was again extended up to March 31, 2022. 

In December 2021, the Abhay Yojana initiative enabled the NMMC to collect Rs. 159 crores in property taxes. Despite the COVID-19 pandemic, the NMMC managed to collect approximately Rs. 540 crores in the financial year 2020-2021, which was Rs. 90 crores short of their target. 

Navi Mumbai residents can benefit from the Abhay Yojana by visiting the NMMC Property Tax website or using the link https://www.nmmc.gov.in/property-tax-amnesty. By entering their property ID and providing the necessary details, residents can view the outstanding tax amount with penalty charges and proceed with payment by clicking “I Agree.”

NMMC Property Tax Contact Number 

The government issues some emergency assistance in case of the customers land in problematic situations. There are multiple ways of doing it. First, you can register your complaint on the website itself. Second, in case of any emergency, you can dial the NMMC Property Tax contact no.

Different areas covered under the NMMC have other numbers to contact the officials in the case of disputes. They would make help readily available to those with problems. All the contact details (phone numbers and email addresses) are available on the official website of NMMC. 

As a diligent and responsible taxpayer, these are the key aspects you should be aware of regarding the NMMC property tax. Besides the offline method, you could opt to pay NMMC property tax online, which is hassle-free and saves time. To know more about different types of property taxes, you can visit our site. If you are still confused about how the NMMC property tax works, you can contact our NoBroker legal experts to seek guidance and support.

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