Visakhapatnam Property Tax: Rates, Rebates & Online Payment
How Greater Visakhapatnam Municipal Corporation (GVMC) assesses residential property tax, what you owe, the rebates worth grabbing, and how to pay online.
How Visakhapatnam calculates property tax
Tax = ARV × slab rate. ARV is set from the property's zone (8 zones), plinth area, construction type, age, and usage, with age depreciation of 10-40% on ARV.
Residential rates: Residential slabs on ARV: up to ₹600 exempt; ₹601-1,200: 17%; ₹1,201-2,400: 19%; ₹2,401-3,600: 22%; above ₹3,600: 30%.
Rebates & due dates
5% rebate for advance full-year payment by 30 April (offered for FY 2026-27 as in past years), plus periodic 50% interest-waiver drives on arrears. Installments due 30 April and 31 October.
Late-payment penalty
2% per month simple interest on the amount due.
Exemptions
ARV up to ₹600 fully exempt; religious institutions, charities, and educational institutes exempt.
Recent change: April 2025 and April 2026 early-bird campaigns paired the 5% rebate with a 50% interest waiver on old dues (official GVMC notices).
Pay online
Pay directly on the official GVMCportal — you'll need your property identification number (printed on any previous receipt or demand notice).
Official GVMC property-tax portal →Frequently asked questions
How is property tax calculated in Visakhapatnam?+
Visakhapatnam uses the Annual Rental Value (ARV) slabs. Tax = ARV × slab rate. ARV is set from the property's zone (8 zones), plinth area, construction type, age, and usage, with age depreciation of 10-40% on ARV. Current residential rates: Residential slabs on ARV: up to ₹600 exempt; ₹601-1,200: 17%; ₹1,201-2,400: 19%; ₹2,401-3,600: 22%; above ₹3,600: 30%.
How do I pay Visakhapatnam property tax online?+
Pay on the official GVMC portal (linked on this page) using your property identification number — have last year's receipt handy for the ID. Most portals accept UPI, net banking, and cards, and issue an instant e-receipt. 5% rebate for advance full-year payment by 30 April (offered for FY 2026-27 as in past years), plus periodic 50% interest-waiver drives on arrears. Installments due 30 April and 31 October.
What happens if I pay Visakhapatnam property tax late?+
2% per month simple interest on the amount due.
Who is exempt from property tax in Visakhapatnam?+
ARV up to ₹600 fully exempt; religious institutions, charities, and educational institutes exempt.
Is property tax deductible from income tax?+
Yes, for let-out property: municipal taxes actually paid during the year are deducted from gross annual value when computing income from house property. For self-occupied property there's no separate deduction, but paying it keeps your municipal records clean for any future sale.
Sources
Verified July 2026. Municipal rates and rebate windows change every budget cycle — confirm on the official portal before paying.