Self-occupied properties falling under the Pune Municipal Corporation (PMC) jurisdiction can avail 40% rebate on the property tax PMC. Introduced around 50 years back, this rebate was discontinued in 2019 only to be reinstated in 2023. In this guide, know steps to follow to get 40% discount on property tax Pune in 2025.
What is Pune Property Tax 2025?
Property Tax Pune is an annual tax that a property owner has to pay to the Pune Municipal Corporation irrespective of the type of property- residential, commercial or industrial he owns. According to law, one cannot default payment of the Property Tax Pune Corporation. Initial defaults may lead to penalties and if not taken seriously, the PMC has the authority to attach and auction the property. Reports mention that the PMC, till March 31, collected around Rs 2,350 crore property tax for the financial year 2024-25.
Property Tax Pune Municipal Corporation: 40% rebate granted
The Maharashtra government in 1970 had passed a resolution granting 40% property tax Pune discount to self-occupied residential properties. This was implemented because of the damages to properties due to flooding of Mutha River caused by the Khadakwasla Dam burst, Pune’s biggest disaster. However, this was rebate on house tax Pune was discontinued in 2019.
Addressing several petitions, the Maharashtra State Legislative Assembly on August 3, 2024, passed a Bill allowing the Pune Municipal Corporation (PMC) to continue giving 40% discount on property tax Pune for self-occupied residential properties.
Following this order, the PMC which collected complete Pune Property Tax from April 1, 2019 without any discount announced that it will refund the excess amount in four phases over four years.
Property Tax Pune Corporation 2025: Who is eligible for 40% discount?
- All self-occupied properties surveyed under the geographic information system (GIS) will get property tax Pune bills that reflect the 40% discount.
- Rented out properties or properties for investment purposes cannot avail this discount.
- You can avail the 40% Pune Property Tax rebate on self-occupied properties every year. To claim the rebate for the period 2019 to 2023, the PT3 form was to be filled and submitted, deadline of which is over now.
Enter details on https://propertytax.punecorporation.org/OnlinePay/PROP_DUES_DETAILS.aspx to know if you are eligible to get this discount or not.
How to get 40% discount on Property Tax PCMC 2025?
This 40% rebate is only for properties falling under the PMC jurisdiction. One has to check with PCMC to know more about any rebates that they offer.
What is the PT3 form needed to avail 40% rebate in Pune Property Tax?
- To avail the rebate of 40% on PMC Property Tax 2025, the property tax 3 (PT3) form has to be filled by self-occupied property owners. The PT3 form is available on the PMC website.
- All properties registered between April 1, 2018 and March 31, 2023 that have did not yet receive the 40% PMC property tax discount had to fill up the PT3 form, deadline of which is over (August 15, 2024).
- No PT 3 form was required to be filled by properties registered before April 1, 2019.
- New properties registered after April 1, 2019 must provide documentation that shows self-occupancy for availing the PMC 40% tax rebate.
Property Tax Pune Corporation: How to submit PT3 form online?
Note that the no provision of online submission of PT3 form was available. One had to download the PT3 form online and submit it physically to the ward office and submit.
How to download PT3 form Pune?
To download the PT 3 form, logon to https://propertytax.punecorporation.org/. At the bottom of the page, click on the 40% discount application form.
You can access the PT 3 form in Marathi and English. Download, fill the PT 3 form.
PT 3 form Pune sample
Where to submit the PT 3 form?
The PT 3 form, supporting documents and fee can be submitted at the PMC citizen facilitation centres, regional ward offices and Peth Inspectors’ offices.
Should the PT 3 form from PMC be submitted every year?
All citizens who have submitted the PT-3 form already need not reapply to avail discount for FY 2025-26, confirmed the PMC officials. The 40% tax rebate will reflect in the bills of all people who have already submitted the form.
Steps to get Property Tax Pune 40% discount
To avail the PMC 40% tax rebate property owners registered with the PMC from April 1, 2019, onwards have to submit proof of self-occupancy of their residential property.
- A property owner has to get a No Objection Certificate (NOC) from the society that states that the property is used for personal purposes and is not rented.
- A property owner also has to submit PT3 form PMC and Rs 25 fee to the nearest ward office or tax inspector.
- A property owner has to give proof of all other properties owned by him in Pune city.
- All documents to be submitted to the PMC by August 15, 2024. According to PMC, there are no more extensions for submission of the PT 3 form PMC given till now.
- All self-occupied property owners in PMC jurisdiction who failed to submit the proof before the deadline will have to pay the complete property tax with no rebate.
Self-occupancy proof documents required to avail 40% PMC Property Tax rebate
- No objection certificate (NOC) of housing society
- Voting card
- Passport
- Driving license
- Ration card
- Gas connection card
- Property tax bill of any other property existing in PMC limits
Where in the Property Tax PMC bill is the 40% PMC Property Tax rebate mentioned?
Open your property tax Pune bill and see the footnote in red. It will read आपल्याकडून प्राप्त PT-3 अर्जानुसार दिलेल्या 40% सवलतीची एकूण रक्कम xxxxx/- आहे. meaning the total amount of 40% discount given as per PT-3 application received from you is xxxxx/-.
Who are not eligible for PMC 40% tax rebate?
- Properties that have been rented out are not eligible for the 40% rebate in property tax.
- There will be no discount for newly registered properties.
- If all required documents are not submitted on time, the property will be considered as not self-occupied and the rebate will not be given.
How to pay the Property Tax PMC online?
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- Visit https://propertytax.punecorporation.org/ and click pay online.
- Enter Pune Property Tax 2025 details.
- You will see the PMC Property Tax to be made after offering 40% rebate.
- Click on pay online and proceed.
- Payment can be made through UPI, EMI, IMPS, SI, WALLET, Cash Cards Credit Card, Debit Card, Internet Banking.
- Once payment is made you will get acknowledgment of the property tax paid.
What is the last date to pay the PMC Property Tax?
For the first half of the year (April-September), the last date to pay the PMC Property Tax is May 31. For the second half of the year (October- March), the last date to pay the PMC Property Tax is December 31. After these due dates are passed, the owner will have to pay a penalty. However, since, the bills will be distributed by May 1, 2025 only, the PMC is allowing the citizens of Pune to pay their property tax at discounted rates till June 30, 2025.
How to pay the Property Tax Pune offline?
- You can visit the PMC ward office and submit the verified PT3 form.
- Show the supporting documents.
- Pay the final bill after the rebate through cheque, cash, UPI etc.
- Get acknowledgment of the property tax bill.
What happens if you have availed PMC 40% Property Tax rebate and leased flat?
As per the PMC, many people are availing the rebate and then leasing their property to tenants. To combat this, the PMC is doing a survey on all properties who have claimed the 40% tax rebate. If any property is found to have availed the rebate but let on lease, the rebate will be revoked and the owners will be asked to pay the difference in property tax.
What is penalty of non-payment of Property Tax PMC ?
The non-payment of PMC Property Tax will lead to the property owner being penalised by the municipal body. Note that a property may be fined an interest of 5 to 20% on the property tax that has to be paid if he defaults on the payment.
No amnesty scheme for Property Tax Pune defaulters
All property tax defaulters of 2024-25 should pay their PMC tax by May 31, 2025. While there were discussions happening on PMC introducing amnesty scheme for property tax defaulters, the Maharashtra government has taken a strong step against it. The state doesn’t want to put honest property tax payers in a disadvantageous position. The PMC Property Tax department doesn’t want to offer relief to defaulters. The PMC has strongly mentioned that people pay up their defaulted property tax to avoid penalty and punitive actions against them. The PMC is looking at offering a discount of 0.5% for property owners who will settle their property tax dues at the upcoming Lok Adalat.
This is a welcome move by the PMC especially since there were people sentiments floating that mentioned that PMC instead of planning any schemes for honest PMC Property Tax payers offered Abhay Yojana to tax evaders and some repeat tax evaders.
Housing.com POV
Paying the Property Tax PMC is mandatory. However, property owners who have self-occupied properties can make use of the 40% rebate offered by the PMC. This will be substantially reduce the money that a property owner and occupier has to pay even while enjoying the benefits offered by the Pune local municipal body in the form of developments in the city. PMC is one of the few municipal bodies in Maharashtra or the country to give away a 40% rebate on property tax on self-occupied houses every year. Making use of this, one should not default on the Pune Property Tax and be party to paying penalty.
FAQs
How can I avail 40% property tax discount in Pune?
You can avail the 40% property tax discount in Pune by submitting proof of ownership of self-occupancy.
What was the last date for submission of PT3 forms in Pune?
August 15, 2024 was the last date for submiting the PT-3 form.
Who is liable to pay property tax in Pune?
Any person who owns a property in the PMC jurisdiction is liable to pay property tax in Pune.
What is rebate under 80C 2024-25?
Rs 1.5 lakh every year from the taxpayer's total income.
How much is the fee for submitting documents for availing 40% PMC rebate?
Property owners have to pay a fee of Rs 25.
| 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 |
