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| | Policy on Rebate for Senior Citizen/Woman/Physically Handicapped | | This rebate is only applicable for the following 4 categories - Senior Citizen
- Women
- Physically Handicapped
- Ex-Servicemen
Following are the rules for rebate under this category - Applicable to properties which are wholly Self Occupied and for residential use only.
- Applicable where total covered area is only upto 200 sq.metres. If total covered area is more than 200 sq.metres the rebate will not be applicable, not even in the case of pro rata as was given earlier.
- Rebate is computed at 30% of the Annual Tax ie Rebate = 30% x Annual Tax.
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| | Concession for Small Flats (Flat Factor) | | Following are the rules for concession under this category - Applicable to DDA and Cooperative Group Housing Society Flats.
- Applicable where total covered area is only upto 100 sq.metres. If total covered area is more than 100 sq.metres the concession will not be applicable, not even in the case of pro rata as was given earlier.
- Applicable only for Residential Flats.
- A Flat Factor of 0.9 will be applied to the Annual Value which is computed.
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| | Rebate for Timely Payment | | - The Payment of tax due in lump-sum in one installment during the first quarter of the year, (i.e., 1st April - 30th June) would entitle one to a rebate @15% of the Annual Tax paid.
- This rebate will not be given on payments made in quarterly installments.
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| | Additional Rebate to Group Housing Flats | | | An additional rebate of 20% in addition to the 15% timely rebate to those payers whose Type of Property is "Residential - Group Housing" and who pay the property tax in lump-sum before 30th June of the current financial year. |
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| | Additional Rebate to Govt Aided Schools | | | An additional rebate of 40% in addition to the 15% timely rebate to those payers whose use factor is Govt Aided School and who pay the property tax in lump-sum before 30th June of the current financial year. |
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| | Multiplicative Factors | | | | Unit Area Values and Rate of Tax | | CATEGORY | A | B | C | D | E | F | G | H | | Unit Area Values (in Rs. Per Sq metre) | 630 | 500 | 400 | 320 | 270 | 230 | 200 | 100 | | Property Tax Rates : Click Here |
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| Age Factors | | | PERIOD OF CONSTRUCTION | AGE FACTOR | | Completion Period -31-03-1960 | 0.5 | | 01-04-1960 to 31-03-1970 | 0.6 | | 01-04-1970 to 31-04-1980 | 0.7 | | 01-04-1980 to 31-03-1990 | 0.8 | | 01-04-1990 to 31-03-2000 | 0.9 | | 01-04-2000 onwards | 1.0 |
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| | Structure Factors | | | STRUCTURE TYPE | FACTOR | DESCRIPTION | | Pucca | 1.0 | Buildings with load bearing roof. | | Semi Pucca | 0.7 | Buildings with normal load bearing roof like tukri. | | Kuchcha | 0.5 | Buildings with temporary material for walls & roofs including Tin Sheds / Asbestos Sheet. |
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