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Hyderabad

Dhaani launches new residential project in Hyderabad

Dhaani launches new residential project in Hyderabad
Hyderabad- Dhaani Builders brings you an opportunity to own a perfect home in its latest residential project named “Dhaani 9 Square” in Upperpally, Hyderabad. This residential project offers 2 and 3 luxury bedroom apartments of size ranging between 1049 sq ft  to 1675 sq ft. Apartments are classy and are designed aesthetically. This luxury apartments [...] Continue Reading »

Cyberabad to charge extra Value Addition Charges

Cyberabad to charge extra Value Addition Charges
Hyderabad- If you are planning to construct a house or want to purchase a flat or villa in Cyberabad areas, then you have to cough more money as compared to other parts of the city. The extra money comes in the form of Value Addition Charges (VAC) which has been fixed as an additional tax. [...] Continue Reading »

Ace launches new residential project in Hyderabad

Ace launches new residential project in Hyderabad
Hyderabad- Ace Constructions brings you its latest residential project named “Ace Atlantis” in Khajaguda, neighborhood of Jubilee Hills, Gachibowli. Ace Atlantis encompasses elegantly designed 152 3 BHK apartments and 13 exclusive villas which are positioned over two blocks which will offer ample air and sunshine. The size of the apartment units vary between 1400 sq [...] Continue Reading »

GHMC all set to double residential property tax

GHMC all set to double residential property tax
Hyderabad- The city will soon witness 100 percent hike in residential property tax. However, the property tax rates for commercial buildings in some of the areas may reduce. In this regard, the Greater Hyderabad Municipal Corporation (GHMC) will invite suggestions and objections from citizens on the new tax rates within seven days. The last revision [...] Continue Reading »

Flats in Rajiv Gruha Kalpa colonies vacant; poor civic facilities

Flats in Rajiv Gruha Kalpa colonies vacant; poor civic facilities
Hyderabad- Owing to poor civic facilities at Rajiv Gruha Kalpa colonies, many flat allottees are not willing to stay in the flats. It is found that over 6,000 residential units are lying empty. Few allottees have even sold off their flats and some are reluctant to pay the increased cost to the state government for [...] Continue Reading »

Property registration charges revised in AP

Property registration charges revised in AP
Hyderabad- The government has cleared the proposal of R&S (Revenue and Stamp) department to increase the market values of properties for registration all over the State. Now, the residents will have to cough up higher registration charges for buying or selling their properties after April 1, 2013. It is applicable for both rural and urban areas. The [...] Continue Reading »

GHMC tax collection picks up speed

GHMC tax collection picks up speed
Hyderabad- Financial year is ending and till now the Greater Hyderabad Municipal Corporation (GHMC) has collected only Rs 620 crore as property tax. In 2012, the property tax collection at the same period was Rs 486 crore. This means that the current collection is Rs 134 crore more than the last year. But the corporation [...] Continue Reading »

GHMC sends distress notices to tax defaulters

GHMC sends distress notices to tax defaulters
Hyderabad- With just few days left for the financial year to complete,  the Greater Hyderabad Municipal Corporation (GHMC) is applying all kind of strategies to collect tax dues from property tax defaulters. So far, the corporation has collected Rs 634 crore as against the target of Rs 850 crore. Few of the tactics adopted are [...] Continue Reading »

L&T Hyderabad Metro’s revenue plan

L&T Hyderabad Metro’s revenue plan
Hyderabad- L&T Metro Rail Hyderabad Limited project is developed on a revenue model which aims to collect 50 percent revenue from passenger fares, 45 percent revenue from property development and the remaining five percent from advertisement and other miscellaneous sources. The Rs 14,132-crore metro rail project is one of the largest urban infrastructure projects in [...] Continue Reading »

Hyderabad witnesses hike in property registrations

Hyderabad witnesses hike in property registrations
Hyderabad- The number of property registration cases have increased after the decision of Registrations and Stamps (R&S) department to hike land values. Various sub-registrar offices (SROs) are witnessing spurt in property registration. The department has proposed to increase basic values of land and apartments for which the registration would be effective from April 1, 2013. [...] Continue Reading »



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