Step 2: Browse through the home page of this website and find the option of “e-Payment.” You will spot this option at the bottom left-hand corner.Step 1: Visit the official website of Greater Visakhapatnam Municipal Corporation.To complete your tax payment via the online route, simply follow the following steps: The table below elaborates on the varying rates for the Greater Visakhapatnam Municipal Corporation property tax.

Other factors: Assessment of a property for tax purposes considers numerous other factors, such as its type of construction, size, condition, and proximity to landmarks and other relevant amenities.Īdditionally, the Greater Visakhapatnam Municipal Corporation imposes a specific tax rate on the properties within its administrative limits based on their annual rental value.Zonal location of the property: GVMC is divided into 8 zones, namely the following:.Plinth area: Plinth area refers to the covered built-up area of a property and includes its entire occupied area, including internal and external walls.The property’s age: In Visakhapatnam, newer properties attract a higher rate of tax than the older ones.Status of property: It refers to whether a property is residential or non-residential.Some of these parameters are highlighted below: Rather, it is the valuation of a property’s rental value derived based on several factors.īut what determines the annual rental value or ARV of your property? GVMC assesses all properties in Visakhapatnam on several parameters and calculates their ARV likewise. However, a point to note here is that ARV is not the actual rent amount collected from a property. The state of Andhra Pradesh calculates property tax based on a property’s Annual Rental Value or ARV.

Flat tax ap gov