Hey Friend,
House tax is calculated on the basis of different factors such as
Gram Panchayat, municipal corporation, type of property etc.
The method, therefore, differed from other civic corporations
Other details such as rented or self-occupied, type of property – land, residential, commercial, infrastructure offered, floor and carpet area, number of floors of the construction are some factors that should be considered for house tax.
The formula to calculate house tax is:
Property tax = base value × built-up area × Age factor × type of building × category of use × floor factor.
Property tax on residential properties for RCC can be divided into zones
If you possess self occupied property you will be charged:
Zone A - Rs. 2.50
Zone B- Rs. 2.00
Zone C- Rs. 1.80
Zone D- Rs. 1.60
Zone E- Rs. 1.20
Zone F- Rs . 1.00
The depreciation rate for a 30 year old building is 33% in Bangalore
I hope this was helpful.
Read more:
How To Pay Gram Panchayat Property Tax Online?
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Residential RCC 30 yrs old house tax calculation in gram panchayat
Mallikarjun
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2021-12-21T10:13:19+00:00 2021-12-21T13:46:34+00:00Comment
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