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Q.

How to divide property tax flat-wise?

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Property tax for an apartment complex is usually assessed on the entire building and must be divided among individual flats. The division is done based on:

Each flat owner pays tax proportionally to their share of the total built-up area. The tax can be divided based on the land share allocated to each flat. In some cities, municipal bodies allow separate tax assessments per flat. Residents can check their local municipal corporation rules for accurate calculation.

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