Visakhapatnam Property Tax 2025
Visakhapatnam Property Tax is the GVMC (Greater Visakhapatnam Municipal Corporation) Property Tax. It is the official government body that collects different types of property taxes in Visakhapatnam and its territory. It is a vital body to the Visakhapatnam Urban Development Authority (VUDA) which is a planning body.
GVMC was formed on November 21, 2005. It is a major revenue-generating source for the local government. 32 villages, the Gajuwaka Municipality, and the former taxation body, Visakhapatnam Municipal Corporation, come under the Greater Visakhapatnam Municipal Corporation.
The taxpayers are required to pay their due property taxes twice a year. The first tax payment must be paid before June, and the second tax payment must be paid before the end of December every year. However, failing to pay the property tax can lead to a penalty of 2% of the due amount.
The taxpayer can avail the rebate of 5% on the property tax if the dues are paid before the end of April (the financial year). The local government appreciates & encourages the regular taxpayers by giving them a rebate of some percentage on the due amount.
The percentage of ARV deduction on the payable tax depends on the age of the building. A deduction of 10% is applicable on the building ages up to 25 years, 20% is applicable on the building ages between 25-40 years, and 30% is applicable on the building ages above 40 years.
Process To Calculate The GVMC Tax
Let’s understand how the GVMC property tax is calculated. Visakhapatnam property tax is calculated based on the ARV (Annual Rental Value) of the property. Annual rental value doesn’t refer to the annual rent collected on the property, but it is defined by the local administration or the local municipal corporation. In India, every state has its own base method to calculate the eligible property tax on a property. Different factors are responsible for evaluating the ARV of a property.
- Age Of The Property
The property’s age is used to estimate the ARV. The newly built property is taxed at a higher rate than the older ones in Visakhapatnam.
- Covered Built-up Area
It refers to the total built-up area covered by the property inside and out. So the measurement of total area covered is calculated to measure the ARV.
- Property Type
The ARV of a property depends upon the type of property. It is different in the case of a commercial property and a residential one.
- Zone
In Visakhapatnam, areas are segregated into different zones, and based on these zones the exact ARV is calculated.
- Zone 1 – Madhurawada
- Zone 2 – Asilmetta
- Zone 3 – Suryabagh
- Zone 4 – Gnanapuram
- Zone 5 – Gajuwaka
- Zone 6 – Vepagunta
- Zone 7 – Anakapalle
- Zone 8 – Bheemunipatanam
- Other Factors
There are other factors to be considered while calculating the ARV of a property such as the condition of the property, proximity to the essentials, size of the property, and type of construction, etc.
How To Pay Visakhapatnam Property Tax Online?
If you are a first-time taxpayer, then this guide will help you to pay your property tax dues online by following a simple process. Online tax payment method saves lots of time, effort, and cost. All you need is a system and a stable internet connection.
Step – 1- Go to the explorer, and look for the official website of the Visakhapatnam municipal corporation (www.gvmc.gov.in), or if the direct departmental site doesn’t work, then visit the commissioner and director of municipal administration, Andhra Pradesh (www.cdma.ap.gov.in).
Step – 2 – Locate the ‘Online Payments’ option on the site in the main menu.
Step – 3 – Use the scroller downwards, and click on the ‘Property Tax’ option.
Step – 4
A new window will appear with multiple options. Here, you need to choose the Corporation/Municipality/NP Name and the District.
Step – 5
Now you need to click on the ‘Submit’ button.
Step – 6 – Now, the option ‘Search Your Property’ is located on the website. Here, you need to fill in some information.
- Property ID (Assessment Number)
- Old Assessment Number, If Any
- Owner Name
- Now hit the ‘Search’ button.
Step – 7 – After clicking on the search button, an extended window will open with your property details. Here, you need to review carefully all the details you have put in.
Step – 8 – Once you go through all the details and you cross-verify it. You need to click on the ‘Pay Tax’ button. Now, you need to choose the ‘Payment Method’ to make the payment.
Step – 9 – Once you make the payment successfully, you will be directed to the receipt download option. Here, you can download the payment receipt for future reference.
How To Pay Visakhapatnam Property Tax Offline?
If you find challenges in paying the property tax online, you can opt for the Offline payment method. Follow a small process and your tax payment will be processed.
Step – 1
Visit the nearest Purvaseva Centre, also known as Citizen Service Centre.
Step – 2
Here, you need to submit all the required documents to process your property tax. Documents like; holding number or a unique number, and an assessment slip.
Step – 3
After submitting your documents, you need to make the payment of the GVMC tax.
Step – 4
Once, the payment is done, you will receive a tax payment receipt from the centre. It can be used for future references.
Use Property Portal For Updates
If you wish to stay up-to-date about all the futuristic updates about the GVMC tax, you can keep visiting a trusted online property portal. Have you ever missed any updates about the real estate world? Get a rebate on your income tax by paying your property taxes timely.
Conclusion
Every state government calculates the property tax using different methods. Thus, if you are unaware of the process, refer to this informative to pay your GVMC taxes in Andhra Pradesh. Keeping your accounts clear will lead to a positive track record of your property. You can resell the property without any intervention from the authorities or your principal financial institution. If you need any professional assistance, call us 24/7.
