The building tax in Kerala is not a fixed amount but varies significantly based on several factors, including the type of building, its plinth area, and its location (whether it falls under a Panchayath or a Corporation). For residential buildings, specific tax rates apply based on these criteria.
Residential Building Tax Rates in Kerala
Residential building tax in Kerala is calculated annually, with different rates for properties located in Panchayaths versus those in Corporations. The tax amount increases with the plinth area of the building.
Here are the annual building tax rates for residential properties:
| Plinth Area (Square Meters) | Annual Tax in Panchayath (INR) | Annual Tax in Corporation (INR) |
|---|---|---|
| 100 - 150 | 1,950 | 5,200 |
| 150 - 200 | 3,900 | 10,500 |
| 200 - 250 | 7,800 | 21,000 |
| Above 250 (for each additional 10 sq.mtr) | 1,560 | 3,900 |
Key Considerations for Building Tax:
- Location: The distinction between Panchayath and Corporation areas significantly impacts the tax amount, with Corporation areas generally having higher rates.
- Area Slabs: The tax is structured into different slabs based on the plinth area of the building, encouraging fair taxation proportional to property size.
- Additional Area: For larger residential buildings exceeding 250 square meters, an additional tax is levied for every extra 10 square meters of plinth area. This ensures that larger properties contribute proportionally more.
Understanding these specific rates and classifications helps property owners in Kerala accurately assess their annual building tax liabilities.
