Politics
MCD Property Tax Assessment Shift Aligns Delhi With Other Metro Cities' Valuation Rules
Delhi residents in all municipal zones will see new property tax bills calculated under a revised circle rate method that matches the approach already used in Mumbai and Chennai.
How we reported this
The Municipal Corporation of Delhi began applying updated property tax assessment rules on 1 July 2026, requiring owners across its 12 zones to submit fresh self-assessment forms based on revised circle rates for built-up area and usage category.
The change follows the MCD standing committee's March 2026 resolution that directed alignment of valuation parameters with those already operating in other large urban local bodies, after the Delhi government transferred additional property tax powers to the corporation last year.
How the rules now match other cities
Under the new Delhi formula, residential properties in upscale colonies such as Vasant Vihar and Defence Colony are valued at rates comparable to Bandra in Mumbai and Adyar in Chennai, while commercial spaces in Connaught Place follow the same floor-area multiplier applied in south Delhi markets as in central Mumbai wards.
Households in areas such as Rohini Sector 18 or Mayur Vihar Phase III will receive demand notices that list the exact circle rate applied, the covered area recorded, and the rebate available for timely payment, allowing direct comparison with tax statements issued to relatives living in Bengaluru's BBMP limits or Hyderabad's GHMC zones.
MCD records show property tax collections reached Rs 4,850 crore in the 2025-26 financial year, with the revised system projected to add Rs 620 crore annually once all 28 lakh properties complete re-registration by December 2026.
Assessment camps will open at zonal offices from 15 July, with online portals updated to accept documents; the first revised bills are scheduled for dispatch in October 2026, after which owners have 30 days to file objections before the final demand is fixed.