By Shishir, Real Estate Content Writer · Published 14 Jul 2026 · Last updated 14 Jul 2026

Stamp duty is a one-time cost you pay when you register a home, but property tax is the cost that stays with you every year for as long as you own it. In Hyderabad this annual tax is collected by the Greater Hyderabad Municipal Corporation, or GHMC, and it funds the civic services around your apartment such as roads, drainage, street lighting and sanitation. For a buyer in Kompally, it is a modest but recurring line in the cost of ownership, and it is worth understanding how it is worked out so there are no surprises after possession.

This guide explains what GHMC property tax is, who pays it, how it is calculated on the annual rental value of your flat, and how rebates and due dates work. It closes with a worked example and a note on where property tax sits alongside the other costs of owning a home. The rates and rental values below are indicative; the corporation revises them from time to time, so always reconfirm the live figures before you plan.

What GHMC Property Tax Is and Who Pays It

GHMC property tax is an annual tax levied on every building and vacant land within the corporation's limits, which cover Kompally and most of urban Hyderabad. The owner of the property is liable to pay it, and it becomes payable once the flat is completed and assessed, not while it is still under construction. Each assessed property is given a Property Tax Identification Number, or PTIN, which is the reference you use to view dues and pay online. Unlike stamp duty and registration, which are settled once at the time of purchase, property tax recurs for the life of your ownership, so it belongs in your annual household budget rather than your closing costs.

How GHMC Calculates Residential Property Tax

GHMC uses an annual rental value system rather than a flat percentage of the sale price. The corporation fixes a monthly rental value per square foot for each locality and construction type, and your tax is built on that. The annual rental value of your flat is broadly its plinth area multiplied by that monthly rental value across the year, and the tax rate applied rises in slabs as the monthly rental value increases. Lower rental-value homes fall in the exempt or lowest slabs, while higher-value flats sit in the top slab.

Indicative residential slabs based on monthly rental value; a library cess is typically added on top of the property tax, and the corporation can revise both the slabs and the rental values. Verify the current figures with GHMC.

A Worked Example

A quick way to estimate residential property tax is to use the corporation's simplified formula, where the annual tax works out to roughly 3.5 times the plinth area in square feet multiplied by the monthly rental value per square foot. Suppose a flat has a plinth area of 1,500 square feet and the notified monthly rental value for its locality is Rs.5 per square foot. The annual property tax would be about 3.5 multiplied by 1,500 multiplied by 5, which is roughly Rs.26,250 for the year, before any rebate or cess adjustment. Your own figure depends entirely on the rental value GHMC has fixed for your building, so treat this only as a method, not a quote.

Illustrative only, using an assumed rental value. The actual rental value is fixed by GHMC per locality and construction type, and rebates or cess can change the final figure.

Rebates, Due Dates and How to Pay

GHMC property tax is generally billed in two half-yearly instalments, and the corporation usually offers a small rebate for owners who pay the full year's tax early in the financial year. Certain categories, such as owner-occupied homes below a threshold rental value, may be fully exempt, and there are concessions in specific cases, so it is worth checking whether any apply to you. Payment is straightforward: with your PTIN you can view and clear dues on the GHMC online portal, at a citizen service centre or a designated bank, and a receipt is generated on payment. Paying on time avoids interest or penalty on arrears, which can accumulate quietly if a bill is missed.

How Property Tax Fits Your Cost of Owning in Kompally

Property tax is one of several recurring costs of owning an apartment, alongside maintenance charges to the society and any utility bills. It is modest compared with the one-time stamp duty and registration charges you pay at purchase, but because it repeats every year it deserves a place in your ongoing budget. When you weigh the price of a flat at Prestige Kompally, factor in these annual outgoings so your true cost of ownership is clear from day one. For the wider set of checks and costs that go into a purchase, read our home buying guide before you commit.

Conclusion

GHMC property tax is a small but permanent part of owning a home in Hyderabad. It is worked out on the annual rental value of your flat rather than its sale price, it is the owner's responsibility once the property is assessed, and it recurs every year unlike the one-time charges you settle at registration. Learn the rental value GHMC has fixed for your building, keep your PTIN handy, pay early to claim any rebate, and this cost stays predictable and easy to manage. Verify the current rates and rental values with the corporation before you plan, and your annual budget for a home in Kompally will hold no surprises.

For more local detail, return to the Kompally real estate guide, or explore the property guides blog.