Calculation of ARV

Step1: Building Value /20 = Annual Rental Value (A.R.V)

Step2:  A.R.V   X  25%   = Property Tax per year

ARV is calculated on the basis of increase in the existing ARV @

For residential house = 5% of ARV 

For Bungalow area = 16% of ARV 

For educational and other Bungalows= 20% to 30% of ARV

Calculation of Property Tax

Property Tax = ARV * 25% (12.5% House Tax + 12.5% Water Tax)