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NDMC shifts property tax to Unit Area Method Here is what changes for homeowners

Economy
Published on 24 April 2026
NDMC shifts property tax to Unit Area Method Here is what changes for homeowners

The once subjective rateable value is finally gone

The New Delhi Municipal Council is overhauling property taxation by replacing the old rateable value approach with the Unit Area Method. NDMC says the new system will be more fair and predictable, helping homeowners estimate and verify their tax liability with greater transparency. The change is aimed at reducing subjectivity and making tax calculations easier to understand.

  • NDMC replaces the rateable value method with Unit Area Method
  • New approach aims for more fairness and predictable bills
  • Homeowners can better understand and verify tax liability
  • Shift reduces subjectivity in property tax calculations
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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