Property which falls under Section 73(a) of Cantonments Act 2006:

(Cost of construction (Plinth area rates of MES SSR) + Cost of Land (as per STR))/ 20 = .A.R.V. 

Note: Method of calculation:-

i) Cost of building = Prevailing plinth area rates of MES SSR.

ii) Cost of land = Area in Sq. Mtr. x STR x 40

Property which falls under Section 73(b) of Cantonments Act 2006: 

Historical Value Method :  ((Past Assessment Final A.R.V.) + (Certain percentage ranging from 10% to 25% Addition/Subtraction depending upon nature (Residential/Commercial/Rented Property/ Renovated Construction))+ (Calculation of A.R.V. of letted properties on the basis of yearly rent basis))  = A.R.V.

Rate of Taxes:

i) House Tax @ 14% of final A.R.V.
ii) Water Tax @ 5% of final A.R.V. where building is not connected with water main.
iii) Water Tax @ 7% of final A.R.V. where building is connected with water main.