The Chennai Property Tax Calculator is a user-friendly tool that helps property owners in Chennai for quick estimate their Residential, Commercial, Super Structure and Vacant Land property tax liability based on the official rules set by the Greater Chennai Corporation (GCC).
Let’s estimate the details before making GCC property tax online payment for your liability:
Chennai Corporation Property Tax Calculator
Chennai Corporation Property Tax Calculator
Disclaimer:This is a basic tool, just for estimation and not final. Enter your property details as per Chennai Corporation guidelines.
Note: The Basic Street Rate depends on your street location and property type.
Basic Steps to Use the Property Tax Calculator Chennai
- Select Your Property Type (Residential, Commercial, Super Structure only, or Vacant land)
- Select Your Zone (Choose the correct zone from the dropdown. Tax rates and calculations may vary by zone)
- Enter Area Details (For buildings and Vacant land, enter the area (Land area and built-up area) in square feet.)
- Input the Basic Street Rate (Basic street rate per square foot for your property’s location. This rate varies by zone and street, and is notified by the Greater Chennai Corporation).
- View Your Property Tax Calculation
- Monthly Rental Value (MRV)
- Annual Value (after applying deductions and depreciation as per official method)
- Half-yearly property tax
- Library cess
- Final property tax to be paid (total of all applicable charges)
Chennai Corporation Property Tax Calculation Formula
Standard Buildings (Residential/Commercial):
- Monthly Rental Value: MRV=Area (sq.ft) * Basic Street Rate (BSR)
- Annual Rental Value: ARV = MRV * 12
- Land Value (10% of ARV): Land Value = ARV * 0.10
- Building Value (90% of ARV): Building Value = ARV * 0.90
- Maintenance Deduction (10% of Building Value): Maintenance = Building Value * 0.10
- Depreciated Building Value: Building Value − Maintenance
- Annual Value: AV = Depreciated Building Value + Land Value
- Half-Yearly Property Tax: Tax = AV *12.40%
- Library Cess: Library Cess = Tax * 10%
- Total Half-Yearly Tax Payable: Total = Tax + Library Cess
Vacant Land:
- No depreciation or maintenance deduction.
- Annual Value = MRV * 12
- Property tax and library cess are calculated as above.
Super Structure Only:
- Annual Value=(MRV*12) * 0.9
- No land value added.
Special Buildings (Hospitals, Star Hotels, etc.)
- Hospitals: Annual rental value for the nursing home portion is 13.5% of total income as per tariff rate per room per year. Other portions (pharmacy, consulting rooms) as per commercial rates.
- Hotels/Lodges: See for detailed steps based on hotel class.
