MCGM Property Tax Rate and Online, Offline Methods

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Introduction

Property owners in Mumbai have to pay an annual fee in the form of property tax to the Municipal Corporation of Greater Mumbai (MCGM). This tax is calculated based on the area and location of the property. Used by MCGM to provide essential services and maintain infrastructure in the city.

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Failure to pay property tax can result in fines or legal action by municipal authorities. Property owners should ensure timely payment of property tax to avoid any consequences. MCGM also offers various incentives and discounts for prompt payment of property tax. Property tax differs from place to place and can be paid through online or offline methods. Openplot fully explains how to determine and pay MCGM property tax in Mumbai.

What is BMC or MCGM?

In Mumbai, the Brihanmumbai Municipal Corporation (BMC), is also known as the Municipal Corporation of Greater Mumbai (MCGM). It is responsible for governing the city and providing civic amenities to the residents. The BMC is one of the largest municipal corporations in India, overseeing various aspects of urban infrastructure and services in Mumbai.

It plays a crucial role in maintaining the city’s cleanliness, public health, and overall development. The BMC also manages important functions such as water supply, waste management, and public education initiatives in Mumbai.

The BMC is also involved in urban planning, issuing building permits, and regulating construction activities to ensure sustainable development in the city. Additionally, it plays a key role in disaster management and emergency response to protect the residents of Mumbai during crises.

How is BMC Property Tax Calculated in Mumbai?

If you are a property owner in Mumbai, the Municipal Corporation also known as BMC has a capital value-based system for computing property tax. Property tax is calculated as a percentage of the capital value of the unit. The civic body considers various factors such as ward, zone, area, property use, type of occupancy, carpet area, age of the property, and soil type to determine the percentage of tax payable.

How to Check MCGM Property Tax?

Homeowners in Mumbai can check their MCGM property tax bill through an online or offline method. By visiting the official MCGM website and entering their property details, homeowners can easily access and review their property tax bills online. This convenient process keeps residents informed about their tax obligations.

Helps to make timely payments. Homeowners can also make online payments through the website, ensuring a hassle-free and efficient transaction process. This method saves time and eliminates the need to physically visit government offices for tax-related matters.

  • Visit the BMC official website https://www.mcgm.gov.in
  • Go to the ‘For Citizens’ section. Under the ‘Pay’ menu, click on the ‘Property Tax’ option
  • You will be redirected to a new window. There you have to click on the link provided under the ‘Tax Calculator’ option
  • In the next screen, enter various details like ward, zone, sub-zone, occupancy type, effective date, user main category, user sub-category, user sub-category, floor, floor sub-type, year of construction, nature and type of building, Metered/non-metered, carpet area and tax code
  • Click the ‘Calculate’ button
  • The applicable property tax is displayed on the screen

How to Pay MCGM Property Tax Online in Mumbai

Civic association allows property owners to pay property tax in Mumbai offline and online. Online payment can be made through the official website of Greater Mumbai Municipal Corporation. This is a convenient option for property owners who prefer to make payments from the comfort of their homes. Online payment also ensures speedy processing. For online users, BMC Property Tax Payment Steps

  • Visit the official portal for BMC property tax payment
  • Scroll down on the ‘For Citizens’ options in the top menu tab.
  • Click the ‘Pay’ option at the bottom right.
  • Click on ‘Property Tax (New)’ on the left-hand side of the page in the ‘Popular’ section of the MCGM official portal.
  • On clicking on ‘Property Tax’ in the ‘Pay’ section the site will redirect to a new webpage.
  • Cross out irrelevant pop-ups on the screen
  • Enter ‘Property Account Number’. This property account number is printed on previous property tax receipts
  • Next, enter the captcha and click on ‘Login’
  • The website also enables online calculation of BMC property tax.
  • After login, you need to fill in KYC details if not already filled
  • After entering the property account number, select the ‘Pay’ option
  • Fill in all the required bank details to pay the due MCGM property tax amount
  • Select a payment method to complete the transaction

MCGM Property Tax Payment Offline Process

By opting to pay your property tax offline, you need to go to the nearest Assistant Revenue Office, BMC Center, or Citizen Facilitation Center in any Ward Office. This option allows you to complete the payment process in person and avoid any potential online issues. Additionally, paying offline allows you to receive a physical receipt immediately.

Providing you with a tangible record of your payment. It also allows you to seek assistance from staff members if you have any questions or concerns regarding the payment process. This personal interaction can also help ensure that all your queries are addressed promptly and accurately. Moreover, paying offline can give you peace of mind knowing that your payment has been successfully processed.

MCGM Property Tax Exemptions

Exemption from payment of BMC property tax is applicable except for residential units below 500 square feet. For flats between 500 sq ft to 700 sq ft, a concession of 60 per cent of the total computed property tax is given. The initiative aims to provide relief to small homeowners and promote affordable housing in the city.

It encourages the development of compact living spaces in Mumbai. This approach helps make housing more accessible to low-income individuals and families. It also promotes the efficient use of limited urban space. By promoting the construction of small residential units, BMC is also addressing the problem of housing shortage.

In addition, the policy is in line with the government’s objective of promoting sustainable urban development by promoting compact living. It also supports the overall vision of creating a more inclusive and equitable housing market in Mumbai.

Conclusion

Brihanmumbai Municipal Corporation (BMC), also known as Municipal Corporation of Greater Mumbai (MCGM) in Mumbai. It is the governing civic body of Mumbai and is responsible for providing various public services to the residents of the city. BMC is one of the largest municipal corporations in India and plays a key role in the development and maintenance of Mumbai’s infrastructure.

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