Property tax in Ghaziabad is one of the major revenue sources for the Nagar Nigam Ghaziabad (NNG). With the city municipal corporation planning to align house tax with circle rates, homeowners now might have to pay more property taxes annually. So, how much house tax will you have to pay from the next financial year? Read ahead to learn more about Ghaziabad property tax and its latest updates.
Ghaziabad property tax is calculated on an annual basis and can be paid via offline and online modes. The civic corporation of the city has planned to align house tax with circle rates. This will result in the higher property tax to be paid by the homeowners in Ghaziabad.
Going by this latest update, property owners in the city might have to pay Rs 5,000 more starting from April 1, 2024, while paying property tax in Ghaziabad. Let’s learn more about this latest announcement and other information related to Ghaziabad property tax.
How is the Ghaziabad property tax calculated?
To calculate property tax in Ghaziabad, use the following formula:
Property tax = Net unit area value of the property after reduction x 20 percent
Net unit area value of property = Gross unit area value (minus) reduced amount
Reduced amount = Gross unit area value x percentage of reduction rate
Gross unit area value = (Tenanted area of property x per sq ft rate of the property x 10 months) + (Vehicle parking area x rate of vehicle parking area per sq ft x 10 months) + (Self-occupied area x rate of property per sq ft x 10 months).
The rate per sq ft of a property depends upon the zone in which the property is situated. You can easily find the zone details and the depreciation details on the website of Ghaziabad Nagar Nigam.
Steps to pay Ghaziabad property tax online
Housing tax in Ghaziabad can be paid in two ways – online or offline. The Nagar Nigam of Ghaziabad provides an efficient online self-assessment system to help taxpayers with an accurate property tax bill.
Step 1: Go to official site- https://onlinegnn.com/
Step 2: Click on ‘Pay Tax Online’, which will redirect you to this page – https://onlinegnn.com/SearchHouseDetailsF.aspx
Step 3: Search for your property by entering details, such as the zone in which the property is located, the owner’s name and the house number.
Step 4: Enter the captcha image before clicking the search button
Step 5: Review the property details, such as the house number, mohalla,water tax, sewerage tax, house tax, and the arrears, if any.
Step 6: Next, select the pay tax option
Step 7: Select a payment option and move towards payment
Step 8: Take a printout of the e-challan