MCGM Property Tax Mumbai: Calculation, Due Dates & How to Pay Online Tax

MCGM Property Tax Mumbai: Online Payment, Calculation, and Exemptions Explained

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MCGM Property Tax Mumbai: Online Payment, Calculation, and Exemptions Explained

2 min 14 Apr 2025

Highlights:

What is MCGM Property Tax?
How to Calculate MCGM Property Tax?
How to Pay MCGM Property Tax Online?
Exemptions and Concessions on MCGM Property Tax

Understanding the MCGM property tax in Mumbai is essential for property owners to ensure timely payments and avoid penalties. The Municipal Corporation of Greater Mumbai (MCGM), also known as the Brihanmumbai Municipal Corporation (BMC), levies this tax to fund essential civic services.

What is MCGM Property Tax?

MCGM property tax is an annual levy imposed on property owners within Mumbai's jurisdiction. The revenue collected supports the development and maintenance of public infrastructure and services.

How to Calculate MCGM Property Tax?

The calculation of property tax in Mumbai is based on the property's characteristics and usage. While the exact formula may vary, key factors typically include:

Property Type: Residential or commercial

Carpet Area: The usable floor area within the property

Age of Property: Older properties may have different valuations

Location: The property's location within Mumbai affects its valuation

Usage Category: Owner-occupied or rented out

How to Pay MCGM Property Tax Online?

MCGM offers an online platform for property tax payments, streamlining the process for property owners. To pay online:

Access the Portal: Visit the MCGM Property Tax Portal.
Login or Register: Use your credentials to log in or register if you are a new user.
Locate Property Details: Enter your property account number or other identifying information to retrieve tax details.
Verify Tax Amount: Review the outstanding tax amount displayed.
Proceed to Payment: Choose a payment method (credit/debit card, net banking, etc.) and complete the transaction.
Obtain Receipt: After payment, download and save the receipt for future reference.

Exemptions and Concessions on MCGM Property Tax

Certain properties may qualify for exemptions or concessions on MCGM property tax:

Residential properties up to 500 sq ft are exempt from property tax
Residential properties between 500 and 700 sq ft are eligible for a 60% concession on property tax
Properties used exclusively for charitable purposes or public worship may be exempt
Properties belonging to foreign diplomatic or consular missions as specified by the government

Property owners should refer to the official MCGM guidelines or contact the assessment department to determine eligibility and application procedures for these exemptions or concessions.

It is important to understand the components and processes associated with MCGM property tax in Mumbai. This can help property owners to ensure compliance and benefit from available concessions.

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