MCGM ( BMC )Property Tax Pay Online Payment & Online Reciept

Property owners who own their property in mumbai, they need to pay property tax to Brihan mumbai Municipal Corporation (BMC). Paying this tax is simple. there seems to be 10%-18% of revision in property tax around this year 2022-2023.

Homepage of mgcm

For every 5 years MCGM conducts a revision But the year 2020 Has gone with pandemic that’s why revision didn’t conducted. But now this year 2022 revision will be conducted.

Mumbai is a very big city, all the tax is collected through various ways. Every minute there is a development and modification of mumbai corporation rules. From this taxes public properties are maintaining , repairing and rebuilding them. Extra tax is applied for the one who don’t pay within the time. Mumbai corporation is changing and updating the ways of corporation.

MCGM Property Tax Calculation

  • visit Official website@www.mcgm.gov.in.
  • Now, Enter the ward, zone, Sub zone, type of occupancy, date of effect, User main category, floor, sub floor,Year of construction, type and Nature of the building etc.
  • After completing it Now click on the calculate to calculate the tax
  • The property tax which is to be paid will be shown.

MCGM Property Tax Pay Online

  • Firstly, visit official website@https://www.mcgm.gov.in
  • To login enter the account number as well as Capthcha.
  • Afterthat, you able to pay the tax on next page.
  • After payment you will get a receipt.
  • Check once again that all your information are without errors

MCGM Property tax Exemption

Residential properties in Mumbai that are 500 sq.ft that are exempted from the tax. Public residential properties uch as hospitals, Educational institutions and parks. properties which are used to charities and worshiping purposes.

Highlights of MCGM Property tax

  • MCGM stands for Municipal Corporation Greater Mumbai.
  • In case of non tax payer on time 2 % Penalty will be added.
  • Tax must be paid Before 30 th june.

Formula To Calculate MCGM Property Tax

Photo of calculation

Property tax= Tax Rate × Capital value

Capital value = Rate of the base value/ Market value of the property× build up area× Types of buildings × Category of use × floor factor

Important info for paying property tax

  • Check out for the required documents to pay tax.
  • Therefore, For further more information please contact help line number 1916 of BMC.
  • Property tax application will be acceptable only through MCGM portal. otherwise it will be rejected.
  • Lookout for the personal errors and the systematic errors.

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