Commercial properties are generally for business purposes, so the commercial place owners have to provide a higher tax rate as compared to the residential properties. For instance, property tax on commercial property in Gurgaon in 2024 might include factors such as location, area, locality, development, etc. For example, the tax for cyber city areas is much higher compared to other locations. Also, if the commercial property is a ground floor commercial floor the taxes increase due to higher market value, demand, and use.
Understand property tax in India for 2024, including Gurgaon residential and commercial taxes. Learn how to calculate house tax and explore types of taxes for your property with India Property Dekho.