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Real Estate Forum on Property Tax Hyderabad

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Q: Hello guys. Is there any change in the property tax in Hyderabad?
Latest Answer: Hey. This is fresh news. There is a full-fledged budget for the new state now, Telangana government proposed a total expenditure of Rs 1,15,689 crore, including non-plan expenditure of Rs 63,306 crore for 2015-16.
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Q: What are the steps taken by the GHMC officials against the property defaulters? I have heard that recently they have taken some strict action against some properties in the city for this.
Latest Answer: This year, the GHMC has also collected information from the electricity department to identify all those buildings using a commercial connection, so that the building could be assessed as a commercial property
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Q: Hello guys, is there any difference in the property tax that we will be paying in this year? I have heard some rumours that there has been some kind of a waiver this time, Is it true?
Latest Answer: Hi Raghav, As per mayor though the civic body would have to bear an additional burden, the decision was taken in the interest of the people. The standing committee has directed the GHMC commissioner to prepare proposals for the waiver scheme and bring them before the GHMC general council meeting for another resolution, before the same is sent to the state government for clearance in a week's time.
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Q: Hello everyone, I have recently heard in the news that the property tax on in Hyderabad will be hiked in the future? can anybody confirm this?
Latest Answer: But right now, it is not clear whether VAT would be altered considerably, the officials said the changes would be moderate. For instance, a wide range of commodities including pulses, grains, electronic goods, computer peripherals, chemical fertilizers fall under five per cent tax category, and the rate may be changed to 5.5 per cent.
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Q: Hi, am planning to purchase a property in Shubha Gruha, can anyone plaese tell me how can i calculate and pay the tax ?
Latest Answer: Yeah and you can also see your property tax amount on the site. You can choose any payment method like net banking, debit card or credit card, you will be redirected to the payment portal where you can enter all the bank or card details and make the payment.
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