| Approximate Number of Commercial Units in the Union Territory of Jammu and Kashmir under various scales of built up area in Squarefeet | |||||||||||||||
| ULBs | No. of Units (Built up area in Square feet) | ||||||||||||||
| Upto 100 | 100-250 | 250-500 | 500-1000 | 1000-2500 | 2500-5000 | Above 5000 | Total | ||||||||
| Jammu Municipal Corporation | 4,200 | 8,900 | 3,000 | 1,600 | 1,700 | 700 | 300 | 20,400 | |||||||
| Srinagar Municipal Corporation | 3,400 | 4,300 | 7,200 | 8,600 | 11,500 | 7,200 | 1,300 | 43,500 | |||||||
| Urban Local Bodies, Kashmir | 7,600 | 7,200 | 2,600 | 1,500 | 700 | 200 | 100 | 19,900 | |||||||
| Urban Local Bodies, Jammu | 6,900 | 3,800 | 3,300 | 1,400 | 900 | 700 | 300 | 17,300 | |||||||
| Grand Total | 22,100 | 24200 | 16,100 | 13,100 | 14,800 | 8,800 | 2000 | 1,01,100 | |||||||
| Approximate Number of Residential Units in the Union Territory of Jammu and Kashmir under various scales of built up area in Square feet | |||||||||||||||
| ULB’s | No. of Units (Built up area in Square feet) | ||||||||||||||
| Upto 1000 | 1000-1500 | 1500 – 2000 | 2000- 2500 | 2500- 5000 | Above 5000 | Total | |||||||||
| Jammu Municipal Corporation | 15,400 | 12,000 | 9,000 | 6,400 | 13,300 | 2,500 | 58,600 | ||||||||
| Srinagar Municipal Corporation | 77,000 | 11,500 | 14,500 | 14,200 | 28,200 | 31,100 | 176,500 | ||||||||
| Urban Local Bodies, Kashmir | 57,000 | 36,000 | 21,600 | 14,400 | 11,500 | 2,500 | 143,000 | ||||||||
| Urban Local Bodies, Jammu | 56,500 | 29,000 | 21,200 | 14,000 | 11,300 | 9,900 | 141,900 | ||||||||
| Grand Total | 205,900 | 88,500 | 66,200 | 49,000 | 64,300 | 46,000 | 520,000 | ||||||||
The figures are tentative based on the extrapolation of the actual GIS Data
PROPERTY TAX in J&K- the Lowest in the Country
Low Property Tax liability in comparison to all major Indian towns viz. Shimla, Meerut, Dehradun, Mangalore
No or very meagre property Tax burden on small residential and small or middle class businesses
80% (4,09,600 out of 5,20,000) of Residential Houses in urban area are either exempted or liable to ANNUAL Property Tax less then Rs 1000/-
Complete exemption to 40% (2,06,000 out of 5,20,000) of houses in Urban area with area less than 1000 sqft,
75% (76,000 out of 1,01,000) of shops in urban area are liable to ANNUAL Property Tax less than Rs 2000/-
45% (46,000 out of 1,01,000) of shops in urban area are liable to ANNUAL Property Tax less than 700/-
