GHMC Property Tax
The demolition squads of the GHMC do not seem quite satisfied with their works. After razing 16 constructions this Tuesday, they went ahead and destroyed 8 structures which were unauthorized. This occurred in Madhapur on Wednesday at the Gurukul Trust. In order to provide the civic body’s demolition drive with security, there were large numbers [...] Continue Reading »
Hyderabad: The revision of property tax may be a relief for the owners of large number of commercial buildings in the city. Areas like LB Nagar, Uppal, Qutbullapur, Malkajgiri, Kapra, Vanasthalipuram, Kothapet, Kukatpally, Saroornagar, Karmanghat and Gaddiannaram may witness a fall of 25 – 30 percent in property tax. Documents presented at Greater Hyderabad Municipal Corporation [...] Continue Reading »
The property tax is likely to witness an increase in both residential and commercial properties. A draft of the proposed rates will be issued a day before Diwali. The property owners may have to pay more tax for the second half of the year (October-March). If the proposal is accepted, the minimum tax for residential [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) is all set to hike the property tax despite stringent opposition from corporators. The GHMC, does not need permission to hike the property tax according to the Municipal Act, as the act says that the corporation can revise tax every five years and last revision was made in 2007. [...] Continue Reading »
There are many defaulters in Hyderabad who have been eluding property tax. For catching those people and to save crores of rupees lost as revenue in the form of property tax, GHMC Hyderabad has planned to install Geographic Information System (GIS). Two agencies, Vayum Technologies and Vensoft, will help the civic body with the endeavour [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) has confirmed that there would not be any hike in property tax in the city. Commissioner of GHMC has announced that to meet the target of Rs 720 crore for next financial year 2012-13, it would not increase the property tax. The current property tax demand of Rs 800 [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) commissioner appealed to the people not to purchase unauthorised constructions. He said building plans would be made available at all citizen service centres soon. On footpath encroachments, commissioner said removal of encroachments would be taken up in the first week of every month for the next four to five [...] Continue Reading »
Lost a portion of property in the road-widening exercise, get ready to pay tax for the entire property you once owned. The Greater Hyderabad Municipal Corporation (GHMC) is busy serving notices on owners to pay up property tax for structures that have vanished in the road-widening exercise. Generally, the tax wing has to revise tax [...] Continue Reading »
