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Property tax fall in Hyderabad areas

Property tax fall in Hyderabad areas
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 »

Six weeks time given to GHMC

Six weeks time given to GHMC
Hyderabad- A time frame of six weeks was given to the GHMC to curb the mosquito  menace and maintain cleanliness in the city by the AP High Court. A plea addressed by Advocate Wasim Ahmad Khan concerning seldom action taken by the authorities to clear the filth and the mosquito menace was dealt by a division bench comprising [...] Continue Reading »

New Lakdikapul bridge to be opened by CM

New Lakdikapul bridge to be opened by CM
Hyderabad-   The recently constructed Lakdikapul bridge in Hyderabad,  located parallel to the existing bridge will be  inaugurated by Chief Minister N. Kiran Kumar Reddy  in a week. This bridge was constructed by the South Central Railway and the GHMC in a joint venture at an estimated cost of nearly Rs 13 crore. Continue Reading »

Taxes worth Rs. 1,000 crore to be given to GHMC by govt

Taxes worth Rs. 1,000 crore to be given to GHMC by govt
Hyderabad-The meeting scheduled for December 1 is expected to create a furor  with the opposition as the Government of Hyderabad has been dawdling on the payment of property tax of its buildings. The current pending amount of the property tax on the government buildings stands up to Rs. 1,000 crore. Around 1,186 buildings are occupied by the [...] Continue Reading »

Hyderabad to witness hike in property tax

Hyderabad to witness hike in property tax
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 »

Citizens to face property tax hike in Hyderabad

Citizens to face property tax hike in Hyderabad
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 »

GHMC plans to double property tax

GHMC plans to double property tax
The Greater Hyderabad Municipal Corporation (GHMC) is planning to double the tax, so the residential property owners have to pay more tax. According to the authorities, property tax of commercial properties in L B Nagar, Uppal, Malkajgiri and Qutubullapur municipal circles may be cut by 15-20%. GHMC is to raise minimum property tax to 80 [...] Continue Reading »

New authority to protect lakes in AP

New authority to protect lakes in AP
The Andhra Pradesh state government has endowed the newly constituted Andhra Pradesh Land Management Authority (APLMA) with the responsibility of protecting government land. Special emphasis has been laid on the tank bed land in the state. Recently there has been stress on the protection of lakes in GHMC areas as more than fifty lakes in [...] Continue Reading »

GMHC turns blind eye to conditions of flyovers

GMHC turns blind eye to conditions of flyovers
Sources reveal that even after a year is passed of the report on flyovers and bridges were submitted to the Greater Hyderabad Municipal Corporation (GHMC), the civic body has not yet taken up any initiative to address the repairs needed. The condition of nearly 40 flyovers, rail over bridges (ROBs) and other bridges and suggested [...] Continue Reading »

AP government plans to relax building norms

AP government plans to relax building norms
The Andhra Pradesh Government’s decision of relaxing building norms for large housing projects and levy shelter fee for housing of the poor is expected to boost up the state’s real estate business. The new Government Order passed last week has relaxed an earlier provision made in January 2011, in which builders should compulsorily reserve a [...] Continue Reading »



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