Property Tax Rates in India

gwldaddu · Post by **gwldaddu** » Sat May 28, 2011 12:56 am

I am really sorry, if this has been discussed previously.. But I am unable to find it... So, posing it..

Paid my Property Taxes here in Chicago today...

Thinking of India.. How much is Property Tax there?

I know it is a really vague question. But I am trying to get a ballpark figure.

Say, I buy a flat in NCR for Rs 70 lakhs. I use it as a primary residence. How much taxes will I be paying. How about if it is a rental property?

How about a house for Rs 50 lakhs in Indore?

Thanks so much..

Raja123 · Post by **Raja123** » Sat May 28, 2011 2:07 pm

Don't know about Delhi, but in Hyderabad it is around Rs, 10,500 ( ten thousand five house rupees ) for a house with a registration value of 80 Lakhs. So property taxes are very very low.