50 percent exemption on property tax
Are you planning to construct building with an heritage look? If yes, you’re sure to reap the best benefits by getting sanctioned 50 percent property tax exemption.
Greater Hyderabad Municipal Corporation (GHMC) has declared 50 percent tax exemption norm in Hyderabad city.
Andhra Pradesh Tourism Development Corporation has joined hands with GHMC to encourage people who are keen to construct building with a heritage look.
Also beautification of the city is taking place wherein, the government has sanctioned Rs.1.51 crore for installing LED lights all over the city. The renovation of Mahabub Chowk and Clock Tower is also under progress, say city municipal officials.
Source: IBN Live
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