What factors impact the amount of property taxes I have to pay?

In India, the amount of property taxes you have to pay is generally based on the annual rental value of the property, which is determined by the local government. The annual rental value is calculated based on factors such as the size and location of the property, the amenities it offers, and the prevailing market rates in the area.

Other factors that may impact the amount of property taxes you have to pay include the age and condition of the property, any exemptions or deductions you may be eligible for, and the tax rate set by the local government.

It's important to note that property tax rates and assessment methods can vary widely between different states and municipalities in India. You can check with your local government or property tax authority to learn more about how your property taxes are calculated and what factors may affect your tax bill.