Jun 21, 2023Investments

Steps to Pay Property Tax in Mumbai (Online and Offline)

by Godrej Properties Limited

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Property owners in Mumbai are required to pay the Municipal Corporation of Greater Mumbai (MCGM), a recurrent annual cost known as property tax. Payments can be made offline or online and the amount differs depending on the area. The Mumbai MCGM property tax is collected by the Brihanmumbai Municipal Corporation (BMC). 

The Thane Mahanagar Palika is responsible for collecting taxes in Thane. Navi Mumbai state taxes are collected by Navi Mumbai Municipal Corporation. Continue reading to learn how to pay MCGM property tax.

Paying Property Tax in Mumbai

What is MCGM Property Tax?

MCGM property tax, also known as BMC property tax, is a levy imposed on property owners in the Mumbai Metropolitan Region (MMR). This tax is determined by the state government and is based on the assessed value of the property.

How is MCGM Property Tax Calculated?

The calculation of MCGM property tax is carried out using the Capital Value System (CVS), which relies on the property's market value. Here's how it's done: 

  • Visit MCGM Property Tax Calculator: Access the property tax calculator on the MCGM website.
  • Provide Property Details: Enter specific property details into the calculator. These details typically include the ward number, floor, nature and type of building, carpet area, zone, user category, year of construction, FSI factor, tax code, sub-zone, user sub-category, and other relevant information.
  • Click 'Calculate': After inputting the necessary details, click the 'Calculate' button to obtain a detailed BMC property tax bill.

MCGM Property Tax: How to View Property Tax Mumbai Bill on the MCGM Website?

To access your property tax Mumbai bill and view outstanding dues online, follow these steps:

  • Visit MCGM Portal: Go to the MCGM portal for property tax payment at portal.mcgm.gov.in.
  • Enter Property/Account Number: Provide your property or account number as required.
  • Captcha and OTP: Complete the captcha and enter the OTP sent to your registered mobile number to proceed.

You will then be directed to your account on the MCGM website, where you can conveniently view all your outstanding and paid property tax Mumbai bills.

What is the procedure to pay MCGM property tax in Mumbai?

Mumbai's civic organization permits property owners to pay their property taxes in Mumbai both offline and online. 

Here is how to pay property tax online:

To pay  Mumbai property taxes online, go to the official website: https://ptaxportal.mcgm.gov.in/CitizenPortal

  1. Go to the top menu tab's "For Citizens" option.
  2. Look for the 'Pay' option in the bottom-right corner of the list of options by scrolling down.
  3. Alternatively, on the MCGM official website, scroll down and click on "Property Tax (New)" under the "Popular" section on the left side of the page.
  4. When you select "Property Tax" from the section labelled "Pay", the website will take you to a different page.
  5. Enter your 'Property Account Number'. You can find yours on prior property tax receipts. Once you enter the same, complete the captcha and click "Login".
  6. If you are a first-timer and do not have the Property Account Number, select "Search" from the menu that appears after "KYC Non-Reg. User" and "Login".
  7. The website also enables the online computation of BMC property taxes. Enter the Know Your Customer (KYC) information after logging in, if you haven't done so already.
  8. After entering the property account number, select the "Make payment" option.
  9. Enter all necessary bank information to pay the MCGM property tax amount.

  10. Choose the payment method to complete the transaction.

These simple steps will make Property Tax Online Payment Mumbai convenient and simple.

Here is how to pay property tax offline:

In order to pay the MCGM property tax bill offline, the owner must go to the closest Assistant Revenue Office, BMC facility, or citizen facilitation centre at any of the ward offices. Payments can be made through credit cards and debit cards, net banking, or the National Electronic Funds Transfer (NEFT) system from banks.

Delayed Payment and Penalties on Delayed MCGM Property Tax Payment

The deadline for submitting property tax in Mumbai is June 30th of each year. Failure to pay within this timeframe incurs a penalty of 2% per month on the outstanding tax amount. Property owners need to adhere to the stipulated deadlines to avoid additional charges.

The final word

Property owners in the city are no longer required to physically visit centres because the BMC is making the online property tax process easier and seamless. They can now pay from the convenience of their own home, but it is advised to carefully follow the instructions at each stage to prevent any errors. The steps given above will make the process simple!
 

Frequently Asked Questions

1. Who in Mumbai is required to pay property taxes? 

Ans: Property tax must be paid by the owner of the property in Mumbai.

2. What is my Property Account Number, and where can I get it?

Ans: The Property Account Number Search function on the portal can be used to locate the Property Account Number.

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