There is a system of tax calculation which incorporates the size and use of the property. Faridabad and Gurgaon have been designated as A1 cities for property tax collection.
Municipal property tax online is the portal of Municipal Corporation of Gurgaon. It has been created to simplify the calculation, assessment and collection of property taxes from the citizens. There is a system of tax collection followed by the corporation.
- In Gurugram and Faridabad- the rate of property tax for residential property
In Gurugram for taxation the residential properties are sub-divided into independent houses, apartments or flats and vacant plots. Their charges do vary depending on the type of property.
- The property tax rate on independent houses built on plots of land
| House Area | Property Tax Per Annum |
| Up to 300 sq. yd | Re 1 per sq. yd |
| 301- 500 sq. yd | Re 4 per sq. yd |
| 501 sq yd – 1000 sq yd | Rs 6 per sq. yd |
| 1001 – 2 acres | Rs 7 per sq. yd |
| > 2 acres | Rs 10 per sq. yd |
The above rates apply to properties on the ground floor. If there are many floors, there is a rebate of 40% on the 1st floor and 50% on the 2nd floor while paying taxes. There is no rebate if each floor is owned by different people individually. There is no tax on parking in the basement area or there is no taxation for the basement.
-
The rate of property tax for flats within Gurugram housing societies
| House Carpet Area | Property Tax Per Year |
| Up to 2,000 sq. ft | Re 1 per sq. ft |
| 2,001 – 5,000 sq. ft | Rs 1.20 per sq. ft |
| > 5,000 sq. ft | Rs 1.50 per sq. ft |
- In Gurugram the rate of property tax on vacant plots
Residential plots
| Vacant Plot Area | Property Tax Per Year |
| Up to 100 sq. yd | Nil |
| 101 – 500 sq yd | Rs 0.50 per sq. yd |
| > 500 sq. yd | Re 1 per sq. yd |
- For Institutional, Commercial and industrial plots
| Size | Rate |
| Up to 100 sq. yd | Nil |
| 101 – 501 sq. yd | Rs 5 per sq. yd |
| > 501 sq. yd | Rs 2 per sq. yd |
- Property tax on PGs in Gurugram
Paying Guest accommodations in Gurugram was treated as residential property before 2018 and it was taxed like that. Afterwards, having realised that the Municipal Corporation was incurring losses, it changed the category of PGs from residences to lodging houses. It was done to impose a property tax. Now the owners have to pay Rs1000 per bed per year on PG accommodation. It has been changed under a state Act.
The property tax rate on shops in Gurugram
| Shop Area | Property Tax Per Year |
| Up to 500 sq. yd | Rs 24 per sq. yd |
| 501 to 1000 sq. yd | Rs 36 per sq. yd |
| 1001 sq. yd – 5000 sq. yd | Rs 48 per sq. yd |
| > 5001 sq. yd | Rs 60 per sq. yd |
There is a rebate on tax @40% for the first floor and @50% on the second floor if the whole building is owned by a single person.
Also Read:
