Do you own a property in Aurangabad, Maharashtra? Then, you must be aware of the Aurangabad Property Tax. It is levied by the Aurangabad Municipal Corporation (AMC) to fund public services, developmental projects, sanitation systems, education, healthcare, etc. It is paid by the asset owners, collected by the AMC, and used for the city's development. The collection helps in maintaining public infrastructure, thereby improving the quality of life and uplift the real estate value.
So, let's get into the details about how Aurangabad Property tax works, deadlines for paying it, rebates for early birds, and much more.
How Property Tax Works in Aurangabad?
AMC follows a systematic method for deriving the levy on real estate owners. It follows the below-mentioned methods for calculation-
The properties are first categorized based on their size and type, like residential, commercial, and vacant land. A fixed rate is assigned to each category. The rate so fixed is multiplied by the area of the asset.
This is used for the real estate assets subject to rent. The payment of total tax is based on the estimated annual rental value of the asset. However, the asset owner must pay GST on rental income to avoid penalties.
Importance of paying property tax in Aurangabad
Be a good citizen and pay the property tax in Aurangabad timely. It benefits the residents and the city in several ways like-
The infrastructure of the city is maintained by Chhatrapati Sambhajinagar Municipal Corporation. The tax revenue is a primary income source for this body. It maintains the sewage system, parks, roads, and other public amenities. So, paying this levy will make your city a better place to live.
- Spares the owners from legal consequences
Timely payment of fees spares you from legal consequences like penalties, interest charges, etc. So, meet the deadlines and assist in contributing towards the city's development.
It helps in maintaining accurate records of title ownership. This avoids future conflicts and helps the owner in selling the property smoothly.
So, keep the documents required for payment ready and furnish them to the authorities. Remember! you are liable to pay the property tax even if you have fractional ownership of the asset.
Consequences of late payment or non-payment
The due date to pay the Aurangabad tax this year is 31st December 2024. It is the legal obligation of the residents to pay the tax timely. This avoids many consequences like-
- Penalty- AMC charges a penalty of 2% per month of the unpaid tax amount after the due date is passed.
- Legal action- If the amount is unpaid for a very long time, AMC Aurangabad can take legal action. This may lead to court cases and heavy penalties.
- Loss of property ownership- The owner may lose the title of ownership. The municipal authority may acquire the property and sell it to recover the tax amount.
However, to promote timely payments, the authorities apply a rebate of 1% on the property tax amount. This is applicable only if the payment is made within 15 days of receipt.
Types of properties taxable in Aurangabad
Just like BBMP tax is chargeable on the property owners in Bangalore; Aurangabad property tax is levied on the property owners in Aurangabad. The owners of the following real estate types need to pay this duty.
- Residential dwellings
- Commercial buildings
- Industrial projects
- Vacant land
Be it any type of real estate, do register your property. For this, visit the official website of AMC and complete the registration process.
How to calculate Aurangabad Property Tax?
- There is no single or universal formula for calculating the Aurangabad Municipal Corporation Property Tax.
- The civic body uses the Unit Area System or Annual Rental Value Method for different property types
- The rates are not readily available, as these are assessed by the Aurangabad Municipal Council.
An online calculator is available on the official website. Just click on the link and get your tax calculated.
Fill in the details on this tax calculator on the CSMC website portal and pay online.
Example Property Tax Calculation
For example, Mr. Abhishek owns a residential real estate in Aurangabad having an area of 2000 sq. ft. and the rate per ft is Rs 80. Then, as per the UAS, the property value would be 2000*80= Rs. 160000. Suppose the rate is 6%, then the tax bill would be Rs 160000*6%= Rs. 9600
How to pay property tax in Aurangabad?
Here we explain the different payment methods to make the bill payment. To pay Aurangabad property tax online follow this step-by-step guide-
or
Simply visit this link and fill in the details
This would generate the bill online and different options to pay online property tax on this user-friendly website.
For Online payment
- Visit the official Chhatrapati Sambhajinagar Municipal Corporation website. https://www.aurangabadmahapalika.org/
- On the homepage, click on the “Pay Property Tax/ Water Bill” option.
- Choose the “Pay Your Property Tax” option.
- Then enter the property number, ward ID, first name, and last name.
or
Simply visit this link and fill in the details
This would generate the bill online and different options to pay online property tax on this user-friendly website.
For offline payment
Visit the Municipal office in person with your property number and ward ID. An official will calculate the duty amount. The owner of Aurangabad Property then needs to pay this sum via cash or DD.
No matter what, always meet the deadline for property tax payment to avoid the consequences.
Let's discuss the reforms and initiatives taken by the Municipal Corporation to simplify the processes for the residents and the government.
- Early distribution of Demand Notes- At the beginning of this financial year, the AMC Aurangabad issued demand notes to the property holders. The aim is to receive 50% of the dues by July 2024. Earlier, the focus on tax collection was made in the last quarter only.
- Payment in installments- Under this reform, the owners of real estate can pay the unpaid dues over 3 years. This can be done in the following way.
| Years |
Way to clear the dues |
| 1st year |
Current year amt due + 30% of outstanding dues |
| 2nd year |
Current year amt due + 30% of outstanding dues |
| 3rd year |
Current year amt due + 40% of outstanding dues |
- Development of amusement parks and multi-storey Parking- The residents of this city will soon be blessed with a multi-storey parking facility at the Paithan Gate. The AMC has also allocated funds for building amusement parks to delight the citizens.
The impact of reforms on property owners and the city's revenue will be positive. These initiatives make the processes systematic. So, paying your dues on time will ultimately benefit you in several ways.
Frequently Asked Questions About Aurangabad Property Tax
Q1: How often do I need to pay property tax in Aurangabad?
Ans. The property tax in Aurangabad is to be paid every year.
Q2: Can I pay property tax in installments?
Ans. The AMC has recently allowed the payer to furnish the sum in two equal installments.
Q3. How can I apply for a property tax exemption or concession?
Ans. If you pay it within 15 days of receiving the duty bill, you can apply for a 1% concession. Government buildings are exempt from this levy. Green buildings and senior citizens are also subject to some concessions.
Q4. What is the process for appealing against an incorrect property tax assessment?
The assesses need to prepare a written letter with a reason for challenging the assessment. It should be duly submitted to the authorities within the specific period.
Q5. Contact Details for Aurangabad Property Tax
- Address- Buddi Lane, Naralibag, Aurangabad, Maharashtra 431001
- Ph. no.- 0240 233 3536
- Email Id- contact@aurangabadmahapalika.org/ contact@chhsambhajinagarmc.org.
Q6. Aurangabad property tax: What happens if you don’t pay it on time?
Ans. Penalties will be imposed by AMC in case the dues are not furnished by 31st December every year.
Q7. How to find property tax numbers in Aurangabad?
Ans. It is a 15-digit number assigned by the authorities. Visit the official website of the Chhatrapati Sambhajinagar Municipal Corporation and go to the option of paying property tax under online services. Here, you can even proceed to make the payment for Aurangabad property tax online.
Conclusion
A few takeaways-
- This tax is paid by property owners in Aurangabad to the Nagar Palika
- It is collected for the betterment of the infrastructural facilities in the city
- Late payment attracts penalties and paying within 15 days of the receipt attracts a 1% rebate.
- The last date for paying the bill is 31st December every year.
However, always refer municipal corporation website for the latest information and amendments. It guides the visitors on various aspects and facilitates payment through the online platform. So, make your contribution towards this wonderful city by paying the dues timely.
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