Aug 22, 2023

NMC Property Tax in 2023 | Understanding NMC Nagpur Property Tax

by Godrej Properties Limited

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Property tax in Nagpur is more than just a yearly financial commitment; it's a crucial contribution towards the betterment of the city. When you pay your property tax to the Nagpur Municipal Corporation (NMC), you're essentially investing in essential amenities like uninterrupted water supply, consistent electricity, and well-kept roads. Our detailed guide is your compass through the intricacies of the NMC Nagpur property tax, unveiling the factors shaping its calculation and presenting user-friendly payment methods for your convenience. Explore the world of property tax in Nagpur with us and discover its significance in creating a better urban experience.
 

Historic Tax Collection by Nagpur Municipal Corporation

The Nagpur Municipal Corporation achieved a remarkable feat by collecting a historic Rs 69.29 crore in property tax during the first three months of FY 2023-24. This substantial revenue was contributed by 1.41 lakh property taxpayers from various segments, including residential, commercial, industrial, mixed-use, and vacant lands.
 

Factors Affecting Property Tax in Nagpur

Several factors influence the calculation of Nagpur NMC property tax:

  • Location
  • Area of the Property
  • Market Value
  • Age of Property
  • Type of Building

Conducting Online Assessment of Property Tax

Assessing and verifying property tax online is a simple process:

  • Visit the NMC Nagpur property tax page and select the 'property tax' service.
  • Choose 'online assessment verification using property details.'
  • Search and verify your property's location on the Nagpur map using UPIN/index number or owner name.
  • Enter the captcha details and click 'search' to view all the required information.

Calculating Annual Letting Value (ALV)

The Annual Letting Value (ALV) is vital for property tax calculation. Follow these steps to calculate your ALV:

  • Click on the ALV option from the NMC property tax homepage to access a spreadsheet.
  • Input the relevant values in the spreadsheet to calculate your ALV.

Checking the Last Tax Receipt

To view your last Nagpur municipal corporation tax receipt, follow these steps:

  • Go to the Nagpur Municipal Corporation property tax portal.
  • Click 'Property Tax' and then 'Check your Last Tax Receipt.'
  • Use the owner's name, house number, or UPIN/Index number to search.
  • Enter the captcha and click 'search' to view the receipt.

In Conclusion: Simplifying NMC Tax Nagpur

Understanding property tax in Nagpur is essential for contributing to the city's development while enjoying the benefits of well-maintained infrastructure. By adhering to the NMC's guidelines and paying property tax on time, citizens can make a meaningful impact.
 

FAQs

Q. How property tax is calculated in Nagpur?

A. Factors such as property age, property location, type of occupancy (ownership or rental), urban area (total size of property), and property type (residential or commercial) determine Nagpur property tax. Paying before the last day (July 31) entitles you to a 10% rebate on your bill.
 

Q. How to pay NMC Nagpur property tax online?

A. Log in to your NMC tax Nagpur account on the NMC website, and click the "property tax" option. You might also need to enter the owner's name, house number, or UPIN/Index number. 

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