Property owners in Navi Mumbai, a satellite city of Mumbai, are required to pay the Navi Mumbai Municipal Corporation a yearly property tax known as the NMMC Property Tax. The income generated by the property tax is a crucial revenue stream for the municipal authority. In addition, the gathered funds help to support development initiatives in Navi Mumbai. Like other districts in India, property taxes in the Navi Mumbai Municipal Corporation zones vary based on the kind of property. Property taxes are due to the Navi Mumbai Municipal Corporation, whether you own residential or commercial property.
Areas Subject to Navi Mumbai Property Tax
NMMC (Navi Mumbai Municipal Corporation) covers nine zones: Belapur, Airoli, Dahisar Mori, Digha, Ghansoli, Nerul, Koparkhairane, Turbhe, and Vashi. All property owners in these locations must pay an annual property tax to the Navi Mumbai Municipal Corporation.
Property Tax Calculator for NMMC
NMMC property tax payment is calculated based on the subject property’s assessed value. This valuation determines the tax rate levied on the land or property. The municipal government of Navi Mumbai itself publishes it annually, and the following elements determine the amount for any given year:
- The construction type of the property.
- The rent is collected by the property owner.
- The uses, additions, and expansions of the property in question.
Customers may use the NMMC property tax calculator on the Navi Mumbai Municipal Corporation website and do the calculation there. This tax is about 38.7% of the rateable value of residential dwellings. Calculating a property’s rateable value based on various parameters allows for the inclusion of acceptable charges, such as taxes and other formalities.
In the event of commercial or non-residential property, the rateable value tax value increases by 68.33%. It is also simple to get the rateable value by subtracting 10% of the statutory amount from the expected yearly rent rate.
Obtaining Your Property Tax Valuation
Before you pay your NMMC property tax online, you must evaluate and calculate the amount due by a straightforward process. First, the website has a “Self Assessment of Property Tax” option on the left-hand side. Then, the site will guide you to a new page where you will be required to provide crucial information such as the Ward number, plot type, occupancy status, and if the property is residential, commercial, or industrial. Once you have supplied all the essential information, your online property tax bill for Navi Mumbai gets immediately calculated and shown on the screen.
Searching the NMMC Property Tax Code
If you have forgotten your property tax code or property data, you may get them from the official website of Navi Mumbai Municipal Corporation by following the steps given below:
- Navigate to the website of Navi Mumbai Municipal Corporation.
- Choose property tax from the Online Services tab on the Home Page.
- Now click on Search Property and choose ward information from the drop-down menu.
- Select the sector and the plot from the drop-down menu, and input the building number.
- Enter the owner’s name and click the search button to locate your information online.
- The code and associated fees will be presented upon finding a match.
- Use this information to make an NMMC property tax online payment.
How to Pay Online Property Tax in Navi Mumbai
Step 1: Go to the official Navi Mumbai Municipal Corporation (NMMC) website.
Step 2: Enter your property’s identification code on the payment page.
Step 3: After inputting the property code, all of the property’s data, including the owner’s information, mobile number, and address, will be reviewed before the “Pay Online” option comes up.
Step 4: Click the “Online Payment” button after you’ve confirmed the information.
Step 5: You will now see numerous online payment options for your tax payment upon redirection. Select the selected online payment method and finish the payment process.
Step 6: After completing your NMMC Online Property Tax Payment, you will get a receipt ID and transaction details. Please carry a copy with you for your records.
Online NMMC Property Tax Bill
Follow the guidelines below to see your most current property tax statement for Navi Mumbai online:
- Navigate to the bill view page on the municipal corporation of Navi Mumbai’s official website.
- You will have to wait for the search to finish after entering the property code and clicking the search button.
- You will see your property details and the amount of your late bill on the screen. Then, choose “View Current Bill” from the menu on the screen.
- You will see your most current Navi Mumbai Municipal Corporation property tax bill on the screen. The bill is also available in PDF version for download.
What is the NMMC Property Tax Forgiveness Program?
Unpaid NMMC property taxes lead to the loss of government revenue. Government levies a penalty for unpaid property taxes. This property tax assists the government’s efforts to recover losses. Due to the pandemic, the government decided to exempt most Navi Mumbai Municipal Corporation property taxpayers from the hefty fines by implementing the “Abhay Yojana” or “Amnesty Scheme.” Under this arrangement, citizens may pay the delinquent tax by paying just 25% of the penalty. This scheme encourages people to pay their outstanding payments. In addition, the method is now more open. Citizens may volunteer to utilize the Abhay Yojana program on the official website.
Conclusion
If you acquire property in Navi Mumbai, it comes within the purview of Navi Mumbai Municipal Corporation. All of these NMMC property tax payments the government money to develop and maintain the city. In a recent decree, the state government exempted dwellings in Navi Mumbai measuring less than 500 square feet from property tax. This announcement is a tremendous relief for the city’s homeowners. In addition, the government has waived 75% of late fees owing to the epidemic. You may pay Navi Mumbai Municipal Corporation property tax online, which is convenient and fast. Please take advantage of this chance to register and pay your taxes online and on time. Enjoy your property with a chilled-out attitude after paying the levied taxes.
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