A Comprehensive Guide to MCGM Property Tax and AutoDCR MCGM
Introduction
Property tax is a crucial obligation for all property owners, serving as a significant revenue source for municipal bodies. This revenue is utilized to develop and maintain areas under their jurisdiction. In Mumbai, property tax is managed by the Municipal Corporation of Greater Mumbai (MCGM), also known as Brihanmumbai Municipal Corporation (BMC). This article provides an in-depth guide on MCGM property tax, including how to pay it, exemptions, and the role of AutoDCR MCGM in facilitating property-related processes.
What is MCGM Property Tax?
Properties within the Mumbai Metropolitan Region (MMR) are required to pay property tax to the MCGM annually. The property tax in Mumbai is calculated based on the property’s annual rental value, as determined by the state government. According to the Mumbai Municipal Corporation Act, property tax is revised every five years, with the last revision occurring in 2015.
How to Pay MCGM Property Tax Online
Paying property tax online in Mumbai is straightforward, thanks to the MCGM website and mobile app. Here’s a step-by-step guide:
Step 1: Visit the MCGM portal at portal.mcgm.gov.in and enter your property/account number.
Step 2: Enter the captcha and the OTP sent to your registered mobile number to access your account.
Step 3: View your outstanding and paid property tax bills.
Step 4: Make the payment and keep the receipt for future reference.
Properties Exempted from MCGM Property Tax
Certain properties are exempt from MCGM property tax:
- Houses up to 500 sqft are fully exempt.
- Residential units with a carpet area between 501 sqft and 700 sqft receive a 60% reduction in the property tax rate.
How to View MCGM Property Tax Bill Online
To view your property tax bill online, follow these steps:
Step 1: Visit the MCGM portal and enter your property/account number.
Step 2: Enter the captcha and OTP to access your account.
Step 3: View your outstanding and paid property tax bills.
How to Make MCGM Property Tax Payment Online
You can pay your property tax online through the MCGM portal. Here’s how:
Step 1: Enter your account number on the MCGM website.
Step 2: Check outstanding bills or make the payment directly.
Step 3: Keep the payment receipt for proof of payment and ownership.
Step 4: Ensure your record is updated on the MCGM portal.
MCGM Property Tax: Online Calculation
The BMC property tax is calculated using the Capital Value System (CVS), which is based on the market value of the property. Here’s how to calculate it:
Step 1: Go to the property tax calculator on the MCGM website.
Step 2: Fill in details such as ward number, floor, building type, carpet area, zone, user category, year of construction, FSI factor, tax code, sub-zone, and user sub-category.
Step 3: Click ‘Calculate’ to get the detailed property tax bill.
MCGM Property Tax Formula
The capital value is calculated as follows:
Capital Value = Market Value x Total Carpet Area x Weight for Construction Type x Weight for Age of Building
Weights for Construction Type:
- Bungalows and RCC construction: 1 unit
- Semi-permanent/chawls: 0.60 units
- Under-construction or vacant land: 0.50 units
Weights for Age of Building:
- Constructed before 1945: 0.80 units
- Constructed between 1945 and 1985: 0.90 units
- Constructed after 1985: 1 unit
How to Get MCGM Property Tax Bill on E-mail
To receive your property tax bill via email, complete the KYC form on the MCGM portal. Here’s how:
Step 1: Visit the MCGM Citizen Portal and enter your property account number.
Step 2: Enter the captcha and click ‘login.’
Step 3: Upload the required documents and submit the attested copy.
Step 4: Enter your email ID and contact details.
Step 5: Once approved, you will receive confirmation via email.
How to Pay MCGM Property Tax Offline
To pay offline, visit the nearest municipal corporation office, fill out the application form, attach supporting documents, make the payment, and get an acknowledgment.
Due Date and Penalty for Late Payment
MCGM property tax must be paid annually by June 30. Failure to pay on time results in a 2% penalty on the outstanding amount.
How to Change Name on MCGM Property Tax Records
To change the name on property tax records, submit a share certificate or sale deed. No fees are charged for this service. Check the updated records on the MCGM portal.
MCGM Property Tax: Steps for Citizen Search
The BMC has implemented AutoDCR, an online platform for scrutinizing building plans and issuing approvals. Here’s how to use it:
Step 1: Access the MCGM Citizen Search through the AutoDCR link here.
Step 2: Enter the file number and other details like applicant’s name, architect’s name, zone, ward, plot number, CTS number, village, and road.
Step 3: Check the current file stage with zone and ward details.
Latest News on MCGM Property Tax
May 7, 2024: Mumbai Metro One has to pay Rs 461.17 crore in property tax for FY23 and Rs 18.29 crore for FY24 by May 25, 2024.
April 18, 2024: BMC sent final notices to five metro contractors for non-payment of Rs 326.22 crore in property tax.
April 15, 2024: The last date to pay FY24 property tax is May 25, 2024.
April 10, 2024: Shops without Marathi signboards will be levied double property tax starting May 1.
February 6, 2024: No hike in property tax in Mumbai for the current year.
Conclusion
The MCGM property tax is a vital revenue source for the municipal body, enabling the development and maintenance of Mumbai. With the convenience of online payment and the AutoDCR system, managing property tax has become more accessible for citizens. Ensure timely payment to avoid penalties and take advantage of available exemptions and rebates.
FAQs
Got any questions or points of view on our article? We would love to hear from you. Write to our Editor-in-Chief Rajat Piplewar at rajat@bhume.in.