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Real Estate Forum on Ghmc Revenue

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hey guys, is there going to be any more development in the roads and flyovers in Hyderabad?
Latest Answer: And did you guys hear about the new Express Corridors that have been proposed to be built all over the city? The construction of these express corridors wil starts soon and they will conect the city from one end to the other. Areas like LB Nagar, nagole, Medchal and Gachibowli will be getting these Express Corridors.
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Q: Hey guys, can we pay our property tax online now?
Latest Answer: And I have also heard that people who want to apply for trade licence and advertisements, permissions can also apply online, instead of manually trying for a licence. This makes it easier for ever one who wants to apply for a licence.
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Q: Hey guys, is the Government planning to take any action against the illegal constructions and buildings in the city?

Latest Answer: The previous general body had recommended levy of property tax on notarised documents and requested the government to issue appropriate orders to permit GHMC to levy and collect property tax on unauthorised buildings in government, private and ceiling lands with coverage of 2/3 constructed portion and above as per the existing provisions of GHMC Act.
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Q: Hey guys, what is the state of commercial tax in hyderabad right now?
Latest Answer: Hi, the state of the commercial tax is bad right now. I mean, there are not many traders who are not honestly paying the taxes for commercial buildings and malls. Though a majority of traders are paying taxes honestly a sizeable quantity of trading was being run as ‘zero’ business, that means that the traders carry out business without raising proper bills, thus denying the government its due share of taxes.
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Q: Hello, I have recently read that the property tax is being collected from the Telangana Government for buildings that are owned by the Andhra Government. Is this news true?
Latest Answer: During the undivided Andhra, around Rs300 crore was collected as professional tax from employees working in Hyderabad. Commercial tax department credits 95% of this amount to GHMC. After the bifurcation, the department was split up and now AP collects tax from employees, who are from Seemanandhra and do not pay anything to GHMC.
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