Q:Hi, I am Pradeep. I would like to know if is this true about the property tax exemption in Hyderabad for residential properties? Please provide some details on this.
Latest Answer: as per section 202A(1) of GHMC Act, the state government may exempt any residential building occupied by the owner from property tax where the annual rental value is Rs 600. As per this provision, properties having a tax of Rs 156 can be exempted from payment. In the same way, the property tax is very nominal, Rs 4 per year, for houses constructed for urban poor