Q:Is hyderabad property tax going to be waivered? Im a prospective homebuyer in the city, so i wanted to be well-aware of the situation. So has the govt given its approval for this waiver ?
Latest Answer: Generally, the state government reimburses the property tax compensation for government buildings in the Greater Hyderabad area. For this year, the government had made a provision of Rs 40 crore in the budget for this purpose. Another Rs 6 crore is towards certain concessions given to the tax payers