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how property tax is calculated in Thane for new buildings
Q: want to know how property tax is calculated by thane Municipal co-operation need to know the detail calculation

property tax
property tax in thane
calculation of property tax in thane
Latest Answer: Hi, Method for fixing rateable value and calculation of property tax as under (Residential):- 50 sq-mtr RH type tenament in Nerul Node 50 sq-mtr. @Rs. 20/sq-mtr. per month. Estimated monthly rent Rs. 1000 Annual Estimated Rent comes to 1000*12=Rs.12000 Less:- 10% Statutory Deduction:- Rs. 1200 Rateable Value (Residence):- Rs.10800 And Annual Property Tax @ 38.67% on Rs. 10800 comes to Rs. 4176.
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