Property tax is one the biggest revenue for Pune. This is used to maintain and improve the infrastructure and other facilities in the city.
What is PMC Property Tax?
All property owners with commercial, residential or industrial property or vacant land in the jurisdiction of the Pune Municipal Corporation (PMC) have to pay the PMC a property tax. Payment failure may lead to penalties and strict legal actions.
Note that charitable institutions and religious places are exempted from the Pune property tax. Freedom fighters and their families, ex-servicemen and women receive a 50% concession on property tax, based on certain conditions. Also, property owners in PMC with self-occupation can avail a 40% rebate on property tax .
How to pay Pune Property Tax online?
- Log on to https://propertytax.punecorporation.org/
- Click on your preferred mode of payment.
- You will be directed to another page. Fill in the required details.
- You will see your property and dues details on the screen. Click on ‘pay online’.
- You will be directed to a payment page as per the selected mode.
PMC Property Tax 2024: How to get a receipt?
Pune property taxpayers can go to https://propertytax.punecorporation.org/Prop_DuesDetails.aspx, enter the required details and click on Submit. You will see the Pune property tax receipt for download/print.
How to pay Pune Property Tax offline?
- You can pay the property tax in Pune offline in cash, cheque or demand draft. The cheque/demand draft should be in favour of The Assessor and Collector of Tax, PMC, Pune.
- Visit any of the 30 PMC ward offices to pay the PMC property tax 2024 offline.
- You can also visit the citizen’s facilitation centre under the PMC.
- PMC property tax can be paid in authorised banks, including Cosmos, HDFC Bank, ICICI Bank and Bank of Maharashtra.
- Self-pay Pune property tax payment kiosks are present across the city.
PMC Property Tax 2024: How to calculate?
PMC Property Tax can be calculated using the capital value system.
Pune Property Tax = Capital value X Rate of tax
Capital value = Base value X Built-up area X Use category X type of building X age factor X Floor factor
Note that there is a difference in the capital value for rented, let-out and self-occupied properties. You can find an approximate value of the Pune property tax to be paid by using the online tax calculator on the PMC portal.
PMC Property Tax 2024: Last date for payment of Pune Property Tax
- Property tax payment is divided into two schedules.
- For the April-September period, property tax must be paid before May 31. For FY24-25, the last date to pay the property tax has been extended till June 15.
- In case of a delay, a penalty of 2% per month is levied on the property owner from June 1.
- For the October-March period, property tax must be paid before December 31.
- In case of a delay, a penalty of 2% per month is levied on the property owner from January 1.
PMC Property Tax 2024: Rebates
- Property owners with an annual value of up to Rs 25,000 receive a 10% discount on PMC property tax.
- Property owners with an annual value of more than Rs 25,000 receive a 5% discount on PMC property tax.
- Residential properties that have implemented any two of the three projects vermiculture, solar panel and rain-water harvesting – get a 10% discount on Pune property tax.
- Residential properties that have implemented any one of the three projects vermiculture, solar panel and rain-water harvesting – get a 5% discount on Pune property tax.
- Pune citizens can receive tax benefits by applying at the respective ward offices. Citizens have to write an application on plain paper and submit it along with photographs of the solar system installed.
- Note that PMC gives capital subsidy for installation of solar water heating systems to registered institutions and commercial establishments.
PMC Property Tax 2024: Updating property details
Property details can be updated by submitting an application at the Pune Municipal Corporation office or through the official website. The following documents are required for the update:
- Property ownership documents
- Building plan
- Occupation certificate
The PMC will verify the details and update property details, based on which the new property tax will be calculated.
PMC property tax 2024: Self-assessment
Before paying the Pune property tax, you have to register your property with the PMC.
Click on ‘self-assessment’ on the Pune property tax page and fill in the required details. Click on ‘get OTP’ and verify.
An area inspector will visit your property and take the required measurements after which the PMC property tax will be levied.
PMC Property tax: No-dues certificate
Click on ‘Get NOC’ on the PMC property tax page. Fill in the required details.
The NOC will be provided for download/print.
Proof of self-occupancy is a must for availing 40% rebate: PMC
Pune property owners wanting to avail the 40% rebate offered by PMC have to submit proof of self-occupancy. All owners registered with PMC from April 1, 2019 have to submit form PT-3 along with proof of self-occupancy and Rs 25 fees to nearest ward officer or tax inspector by August 15, 2024. Failure to do will result in owner paying complete property tax with no rebate granted. No further extension will be given to people.
Also Read: A guide to paying property tax in Pune
Pune property taxes on property ownership
The RR hike in Maharashtra was on an average 1.74%, the highest being in Pune at 2.79%.
Percentage increase in RR rates
| Area | 2015-16 | 2016-17 | 2017-18 | 2020-21 |
| Mumbai | 15 | 7 | 3.95 | 0.6 |
| Pune | 16 | 11 | 8.50 | 2.79 |
| Konkan | 16 | 5 | 4.69 | 2.18 |
| Nashik | 11 | 7 | 9.20 | 2.08 |
| Aurangabad | 12 | 6 | 6.20 | 1.91 |
| Amravati | 15 | 8 | 6.30 | 1.55 |
| Nagpur | 13 | 6 | 2.20 | 0.51 |
There was no rate revision in 2018-19 and 2019-20.
All about: Nashik property tax
PMC Property tax: Mobile app
You can pay the PMC Property tax using the PMC mobile app – Pune connect that can be downloaded from the Google Play Store.
Source: PMC website
On the PMC mobile app, you can access following services
- PMC Care where you can register complaints and review
- Pay property tax
- Pani Patti: Get bills by entering customer number and do a no dues check
- Emergency contacts
- Citizen survey and option for feedback.
- Access to PMC office directory.
Housing.com POV
It is mandatory for property owners to pay the property tax Pune. The Pune municipal body has made it easy for property owners to make the payment through online and offline modes. It is recommended that one makes the payment before the due date to avail of the rebate offered rather than end up paying a penalty.
PMC Property tax: Latest news
June 3, 2024:Â
PMC extends property tax payment deadline to June 15
The PMC has extended the deadline for paying property tax for FY24-25 to June 15. The last date to avail the 10% and 5% rebate on Pune Property Tax for FY24-25 was May 31, 2024. This has been done to provide concession to property owners who were unable to pay the property tax on time and avail the discount as they were facing technical glitches. The PMC will also keep its facility centres open till June 15 from 9 AM to 9 PM including Saturday, Sunday and public holidays.
May 8, 2024:Â
PMC launches property tax rebate survey
The PMC has launched the property tax rebate survey in Hingane, Vadgaon and Dhayari areas in Pune city to know why people have not yet availed of the 40% rebate. Data from 1,100 properties has already been collected. Although the PMC had identified over 2, 64,000 property owners eligible to avail the discount, over 1, 90,000 residents have not availed of this offer.
January 29, 2024:
PMC to auction properties with unpaid property tax on February 5, 2024
With a total outstanding of over Rs 16 crore, the PMC is going to auction properties who have defaulted on paying property tax with arrears. The auction will be held on February 5, 2024 between 12-3 PM at the Bharat Ratna Dr. Babasaheb Ambedkar Auditorium, Room No. 215, Municipal Head Office Building Lashwajinagar, Pune 411005.
To participate in the auction, interested people can visit https://pmc.gov.in/mr/auction-of-arrears-of-income-through-the-Income-tax-department . People who pay the property tax with arrears before the auction can unregister their property from the auction.
PMC contact information
To contact PMC, you can reach out on:
Toll-free number: 1800-1030-222
Address: PMC Main Building, Near. Mangla Theatre, Shivajinagar, Pune- 411 005
PMC contact no: 020-25501000
PMC security contact no: 020-25501130
PMC municipal mayor fax no: 020-25501012
PMC fax no: 020-25501104
Email-Id:info@punecorporation.orgÂ
See also about: mbmc property tax
FAQs
When is the last date to submit documents for 40% rebate on PMC property tax?
The last date to submit the documents is November 30, 2023.
Where do I direct communications regarding PMC property tax?
You can write to propertytax@punecorporation.org for any queries, suggestions or communications regarding property tax.
How much waiver will a property owner get by this amnesty scheme?
A defaulter will get a waiver of 75% on the penalty amount.
How can I get my property details online?
Log on to the official website of the Pune Municipal Corporation and register using your phone number and email id. You will need to enter your property ID for further details.
How to collect the PMC Property Tax receipt if you pay the bill offline?
You can collect the PMC property tax receipt from the PMC ward office or fill in the details online and get the receipt.
What happens if you don’t pay Pune property tax?
If you don’t pay Pune property tax, you will be levied a penalty to be paid along with the property tax. Failure to honour after repeated reminders and deadlines will result in the property being ceased and auctioned.
How can I get the Pune property tax number?
The Pune property tax number is present on the property sale deed. If you see 0/2/09/00662007 as the Pune property tax number, O stands for Occupier, 2 is the section ID, 09 is the Peth ID and 00662007 is the account number.
How much rebate on property tax is given in Pune for self-occupancy?
Self-occupied properties in Pune get a rebate of 40% in the Pune property tax.
What are the documents to be submitted for availing the 40% rebate?
Proof of self-occupancy along with the PT-3 form and Rs 25 have to be submitted at the PMC ward office before November 30, 2023.
How is property tax assessed if its usage type changes from residential to non-residential?
On getting change permission, the property tax will be based on the prevailing non-residential rates. In case the Completion Certificate (CC) is not received for the residential property, then property tax will be calculated twice under Maharashtra Municipal Corporation Act Section 267A.
How much is the annual rent concession granted by the PMC?
Around 15% concession in the annual rent against the existing 10% is granted by the PMC.
How long does it take to transfer property ownership?
In case of no objections, it takes 15 days. In case of objections, it takes 45 days to transfer property ownership.
| Got any questions or point of view on our article? We would love to hear from you.Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
