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Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

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Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

Last updated: February 20 2016
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  • Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

    Dear All,

    Is PCMC taking property taxes on built-up area or carpet area without terrace.??

    I have flat at Wakad area is 1100 sq ft and paying property tax around 9800rs/ year... is this correct ???? ( carpet 890 and terrace 144.)

    Please give your valuable suggestion on this matter.

    Last edited February 18 2016, 03:45 PM. Reason: Text Formatting
  • #2

    #2

    Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

    whatever your first bill is - will continue. They won't change it and you'll have to pay it.

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    • #3

      #3

      Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

      Experts,Please comment on the same,

      .......... it will help many people to understand the property tax at pcmc.
      Last edited February 20 2016, 09:41 PM. Reason: Text formatting.

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      • #4

        #4

        Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

        Usually you get all the details of calculation on your bill if it's not clear for you then you can always walk down in any pcmc property tax collection center and they'll explain it to you.

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        • #5

          #5

          Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

          Well, it's the area which is mentioned in your index 2. If your builder has mentioned salable area in index 2 - which happened for one of our flat in pcmc, then you'll have to pay tax calculated on that rea only - and that's for life.. some builders do this and then there are some projects which are considered premium and you need to pay even more for such project - tally same area flats for property tax in lavish project and you'll notice the difference.

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          • #6

            #6

            Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

            Hi,

            What happens if Property Tax built up area is different than that of mentioned in Index -II ?

            Thanks.
            Last edited February 18 2016, 03:48 PM.

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            • #7

              #7

              Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

              Property tax in PCMC is calculated on carpet area multiplied by 1.2 loading. Terrace is not included. E.g. if your carpet area is 890 sq ft. then property tax is applicable on 1068. Then they multiply it by around 9. Thus it comes to around 10k per year. Covered car parkings are also taxed by assuming 100 sq.ft. Thus its property tax comes at around 1100 per year. Open car parkings are not taxed.

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              • #8

                #8

                Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

                Originally posted by Shriram View Post
                Property tax in PCMC is calculated on carpet area multiplied by 1.2 loading. Terrace is not included. E.g. if your carpet area is 890 sq ft. then property tax is applicable on 1068. Then they multiply it by around 9. Thus it comes to around 10k per year. Covered car parkings are also taxed by assuming 100 sq.ft. Thus its property tax comes at around 1100 per year. Open car parkings are not taxed.
                Thanks for your reply.
                Does it mean that built up area mentioned on Property tax can be different than what mentioned in Agreement with Builder?

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                • #9

                  #9

                  Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

                  Yes, builtup area mentioned on property tax is different than the actual builtup area of your flat. BTW I guess agreement never mentions built-up area, it always mentions carpet area, right?

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                  • #10

                    #10

                    Re : Pune - Does PCMC Levy Property Taxes on Built-Up Area or Carpet Area Without Terrace?

                    Originally posted by Shriram View Post
                    Yes, builtup area mentioned on property tax is different than the actual builtup area of your flat. BTW I guess agreement never mentions built-up area, it always mentions carpet area, right?
                    Few agreements which I have seen, had mentioned both carpet as well as salable built-up area.

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