Individuals willing to purchase a property in North Delhi must know about the major costs related to property purchases in North Delhi. Ownership of a property does not end with paying only the plot or land purchase amount. Individuals need to pay certain charges, i.e. taxes, to maintain that ownership.

One such cost is property tax or house tax which residents and property owners of North Delhi must pay to North Delhi Municipal Corporation (NDMC).

Want to know about NDMC property tax in detail? Read along!

Property tax is an annual charge that the North Delhi Municipal Corporation levies on individuals owning properties within the North zone of Delhi as per Section 66 of NDMC Act.

The North Delhi Municipal Corporation uses ‘Unit-Area System’ to compute house tax amounts.

In this method, the calculation occurs depending on the per-unit price of the built-up area of a property.

Here, the price is derived from the expected return on property. Follow the formula mentioned below to calculate North Delhi Municipal Corporation property tax.

NDMC Property Tax= Annual Rental Value x Rate of Tax

Here,

• Annual Value = Unit area value per sq. metre x Unit area of property x age factor x use factor x structure factor x occupancy factor.

Here, unit area value per square metre is a property’s value per square metre of its built-up area; unit area refers to the built-up area of a property. Further, the occupancy factor explains whether a property is self-occupied or rented out, age factor helps to decide the age of a property or determine construction age.

In addition, structure factor refers to whether a building has RCC construction or low-value construction, and finally use factor denotes whether a building is used for residential or commercial purposes.

 

• Rate of Tax = The tax rates change every year, and the data is available on the MCD (Municipal Corporation of Delhi).

 

Read more about Property Insurance in India

The North Delhi Municipal Corporation has streamlined the house tax payment procedures within the zone of North Delhi. Now property owners can make the payment of NDMC property tax both online and offline. Follow the steps to complete the transaction in a hassle-free way.

Step 1 – Visit the official website of North Delhi Municipal Corporation. 

Step 2 – Click on ‘Online Services’ available on the right-most side.

Step 3 – Navigate to ‘Property Tax’ tab. Click ‘Citizen login’ from the available options.

Step 4 – Provide ‘Registered Mobile No.’ and click on ‘Generate OTP’.

Step 5 – Enter OTP in the relevant box and click on ‘Login’.

Step 6 – The following page will show the option to make NDMC house tax payment. Follow instructions and complete transactions.

Step-7 – After a successful transaction, a receipt of NDMC property tax will  be generated.

Note: Property owners must complete the registration process before making an online house tax payment.

• For property tax registration, all you need to do is follow these simple steps:
• Visit the official website of NDMC portal and click on ‘Sign up’ option.
• Then, click on ‘New user click here for sign up or registration’ and provide relevant information.
• Thereafter, click on ‘Get OTP’ option.
• Submit the OTP in the required space and click on ‘Verify’.
• After verification click on ‘Submit’ option to complete the process.

Step 1 – Visit the ITz cash counters in North Delhi.

Step 2 – Submit documents and complete payment via cash, cheque, credit card or debit card.

Step-3 – Collect acknowledge slip and keep it for future reference.

Every civic body, i.e. municipal corporation, sets a deadline for paying tax amount, and property tax is no exception. Property owners of North Delhi must abide by rules set by Municipal Corporation of Delhi and pay house tax timely.

Wondering what the deadline for NDMC property tax is? Read along!

Amnesty schemes are special schemes that the municipal bodies release periodically, thus allowing tax-defaulters to pay outstanding amounts with some relaxation. The NDMC has extended its last date to avail this scheme for paying property tax. Previously, the last date was 28th February, but now it is 31st March.

The above discussion thoroughly explains the calculation and payment process of NDMC property tax. Read the details carefully and pay house tax timely to enjoy rebates.