Property Tax on Non-Residential Property = 6% of Taxable Annual Value (TAV)

Municipal Corporation : 1

Municipal Council : 0.75

Municipal Committee : 0.5

It is the built area or the vacant area in respect of which the tax liability is being calculated, as the case may be, in square feet. In the case of Property tax on built area, it refers to the total covered area of that floor in square feet. In case of areas with winter snowfall, the area of the attic shall not be counted in built-up area. In the case of Property tax on vacant land not appurtenant to a building, the area of the vacant land in square feet shall be entered. In the case of Property tax on vacant land appurtenant to a building, the area to be entered in the formula shall be the area, in square feet, in excess of two times the built-up area of the ground floor.

For calculating the liability of different floors and vacant land abutting the building, the floor factor shall be entered in the formula as follows.

Residential buildings including flats : 1

Other buildings:

Ground floor : 1

First floor : 0.8

Second floor : 0.7

Third floor and above : 0.5

Vacant land : 0.1

Basements for all types of buildings : 0.5

Residential apartment/ flat : 2

Residential house : 2.5

Industrial (Manufacturing) : 5

Institutional/Public/ Semi Public : 7

Commercial, except 3 star and above Hotels, : 12

towers & hoardings

3 star and above Hotels, : 15

towers & hoardings.

RCC construction : 1

Pucca (without RCC) construction : 0.9

Prefabricated structure : 0.8

Kuccha/Bamboo/Wood/Tin Structure : 0.6

The value for this factor shall be entered in the formula as follows:

0-20 years old : 1.00

20-30 years old : 0.90

30-40 years old : 0.80

40-50 years old : 0.70

50-60 years old : 0.60

More than 60 years old : 0.50

The value of slab factor shall be entered in the formula as follows based on the total built-up area calculated as indicated at 3 above.

Residential houses/ apartments

Upto 1000 sft : 0

Above 1000 sft upto 1500 sft : 0.75

Above 1500 sft upto 2000 sft : 1.0

Above 2000 sft upto 2500 sft : 1.15

Above 2500 sft upto 5000 sft : 1.30

Above 5000 : 1.5

Other usage types

Upto 100 sft : 0.50

Above 100 sft upto 250 sft : 0.75

Above 250 sft upto 500 sft : 1.00

Above 500 sft upto 1000 sft : 1.15

Above 1000 sft upto 2500 sft : 1.30

Above 2500 sft upto 5000 sft : 1.5

Above 5000 sft : 2.0

The value of this factor for built-up properties shall be entered in the formula as follows:

Self-occupied for more than 6 months : 0.75

Others : 1.0