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Calculate GVMC Property Tax in Visakhapatnam & Online Payment

Greater Visakhapatnam Municipal Corporation Property Tax: An overview

Calculation of GVMC Property Tax

Property Tax for Residential and Non-Residential Buildings

Range of annual rental value of properties

Rate of property tax for residential buildings

Rate of property tax for non-residential buildings

More than Rs.3,600

30%

30%

Rs.2,401 – Rs.3,600

22%

30%

Rs.1,201 – Rs.2,400

19%

30%

Rs.601 – Rs.1,200

17%

30%

Up to Rs. 600

Exempted from the payment of GVMC property tax.

30%

A key takeaway from the above table is that while tax rates vary for residential properties based on their ARV, it is not the case for non-residential properties. In fact, owners of non-residential properties are subject to tax payment at the rate of 30%, irrespective of the ARV of their property.

If manual computation becomes too hectic, you can also utilise a GVMC property tax calculator for a simpler assessment of due liabilities. 

Payment of GVMC property tax

FAQs About GVMC Property Tax in Visakhapatnam