Property Tax Assessment
"Your final step, make it count with flawless execution."
What Is Property Tax Assessment?
Property tax assessment involves the evaluation and determination of the annual property tax payable to the Municipal Corporation of Delhi (MCD) or New Delhi Municipal Council (NDMC) based on the unit area value, property type, construction status, and applicable category of the property. Under Section 114 of the DMC Act 1957, every property owner is required to pay property tax, and the tax is calculated on the basis of the circle rate multiplied by the area and adjusted for the age and occupancy status of the building. The assessment process includes new property tax registration after purchase, transfer of name in tax records after inheritance or sale, and correction of incorrect assessments or categorization. Property tax payment is a prerequisite for mutation, sale, and various authority clearances.
Who Needs It & Legal Importance
- New property owners for tax registration
- Property buyers after purchase
- Properties with incorrect tax assessment
- Tax transfer after inheritance
What If Wrongly Or Not Done?
- MCD can impose penalties and charge interest on unpaid tax differential spanning multiple years
- Property may be attached and sold at public auction under Section 156 of DMC Act for tax defaults
- Owner may face imprisonment for willful tax default ranging from 1 month to 7 years depending on amount
How We Do It, Step-By-Step
Why SaleDeed.com Is Better?
We don't just draft documents. We solve property problems. Here's what sets us apart from everyone else.
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We Evaluate Before We Initiate
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Your Case-Specific Procedure
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No Unnecessary Documentation
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No Negligence / No Delays
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We Answer Every Query Raised by the Government Authorities
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From the Day You Reach Us to the Day We Deliver, You Don't Need to Follow Up. We Will Follow Up with You.
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It's Done - Or Refund
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Expert Staff of Minimum 20 Years of Experience