Vadodara Mahanagar Seva Sadan
Self Assessment
Date :

GUJARATI VERSION: PROPERTY-TAX STRUCTURE                         Back To TAX Calculator

PROPERTY-TAX STRUCTURE: 2012-13
Sq. Feet / 10.7639 = Sq. Mtr.
Formula for calculation of Property tax  
Property Tax = R X M X A
Where,
R   stands for the Annual  Rate
M   stands for the product of various sub factors  = { (Factor 1) X (Factor 2) X ( Factor 3) X (Factor 4) }
A   stands for the area of the property
Annual Rate (R)
  • For Residential Properties : Per square meter per annum – Rs. 11
  • For other properties : Per square meter per annum – Rs. 26
Area of the Property (A)
The area of property under assessment depends upon the carpet area of the property. While calculating carpet area, whole area except area of the external as well as internal wall will be considered.
Factors affecting the property tax:(M)
(A)   Factor - 1 :  Factor depending upon the location
(B)   Factor - 2 :  Factor depending upon the duration of the year wise construction of property
(C)   Factor - 3 :  Factor depending upon the kind in case of residential property and use in case of Non-residential property.
(D)   Factor - 4 :  Factor depending upon usage person/entity
Factor -1 : Market Location
Market Location Factor Value
A 1.60
B 1.30
C 1.10
D 0.90
 
Factor -2 : Age
Sr. No. Age of Property Factor Value
1 From 0 to 10 years 1.00
2 From 11 up to 20 years 0.90
3 From 21 up to 30 years 0.80
4 From 31 up to 40 years 0.70
5 From 41 up to 70 years 0.50
6 71 years & Above 0.50
 
Factor -3 : Property Type
(A) Residential Property Factor Value
1 INDIVIDUAL-BUILDING 1.60
2 TENAMENT 1.25
3 ROW-HOUSE 1.10
4 FLAT 1.00
5 GAMTAL-HOUSE 0.50
6 POLE-HOUSE 0.50
7 CHALI-HOUSE 0.50
8 HUT 0.00
9 CABIN 0.00
(B) Other than Residential Properties Factor Value
1 TEMPLE, MOSQUE 0.00
2 DHARMSHALA, WATER TANK 0.05
3 SCHOOL,COLLEGE,HOSTEL,LIBRARY 2.00
HOSPITAL,CLINIC,NURSHING HOME 4.00
5 INDUSTRIAL PURPOSE 2.00
6 IND.PURPOSE AND PUCCA WALLS WITH R.C.C. 2.00
7 IND PURPOSE OPEN LAND 2.00
8 IND PURPOSE OPEN SHED (NON ENCLOSED) 2.00
9 IND PURPOSE ENCLOSE SHEDS-PUCCA WALLS 2.00
10 IND-PURPOSE ENCLOSE SHEDS WITH-PUCCA COR 2.00
11 COMMERCIAL ORGANISATION(PROPERTY) 3.50
12 GOVT./SEMI GOVT. PROPERTY 4.00
13 COMMERCIAL PROPERTY 4.00
14 RECREATIONAL AND ENTERTAINMENT PURPOSE 4.00
15 PARTY AND GATHERING PURPOSE 4.00
 
Factor - 4 : Occupancy
 Occupier Factor Value
Residential Property Non-Residential Property
Owner 1.00 1.00
Tenant 1.50 2.00
 
Education Cess
 General Tax Percentage (%) of NET Tax
Residential Property Non-Residential Property
200 to 500 5% 10%
501 to 3000 10% 20%
Above 3000 15% 30%
Fire Tax
Property Type Percentage (%) of NET Tax
Factory 1.5%
Other Than Factory(High Rise Building :18 Meter and Above Height) 3.5%
Conservancy Tax
(A) Residential Property Percentage (%) of NET Tax
1 HUT 15%
2 CHALI-HOUSE & Area Less than or Equal to 25 Sq. Mtrs. 15%
3 Area greater than 25 Square Meter 25%
(B) Other than Residential Properties 35%
(c) Minimum Conservancy Tax Applicable : 24/- INR
Safai Charge
(A) Residential Property Amount (In INR)
1 HUT 25 /-
2 Other Residential (If Min. Tax Applicable) 25 /-
3 Other Residential Property 48 /-
(B) Other than Residential Properties Percentage (%) of NET Tax
All Non- Residential Properties 5 %
Minimum Safai Charge : 100/- INR
 

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