Tag: GHMC

Latest StoriesRegulatory

Telangana’s property tax collections reach ₹100 crore in a day

HYDERABAD: A rigorous enforcement initiative, combined with the current one-time settlement (OTS) scheme, has led to a remarkable increase in property tax collections across three municipal corporations in the core urban area of Telangana, with revenues exceeding Rs 100 crore in a single day. Prior to last week, daily collections ranged from Rs 3 crore to Rs 5 crore. However, in recent days, there has been a substantial surge, with collections reaching Rs 20 crore on Sunday, Rs 50 crore on Monday, and over Rs 100 crore on Tuesday, bringing total collections to around Rs 2,500 crore. Officials attribute this…

InfrastructureLatest Stories

HYDRAA Uncovers 8.24-Acre Lake Near Hyderabad from Encroachments

Representative AI image HYDERABAD: The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) conducted operations throughout the city on Tuesday, removing encroachments from lakes, park land, roads, and stormwater drains. In Manchirevula, Gandipet, HYDRAA cleared encroachments from the 8.24-acre Nagireddy Kunta lake. Officials noted that parts of the lake were occupied by private entities despite it being designated as a water body in revenue and HMDA records. “A real estate firm had erected a 20-foot-high tin-sheet wall around four acres, while another entity occupied about three acres. Additionally, a former public representative sold over an acre of it. Temporary structures…

IndustryLatest Stories

Hyderabad: GHMC’s 15 Lakh Sq Yards of TDR Raises High-Rise Costs

HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has over 15 lakh square yards (equivalent to 316 acres) of Transferable Development Rights (TDRs) valued at ₹2,000 crore. Builders and developers believe these TDRs can satisfy Greater Hyderabad’s construction demands for the next two to three years. The state government intends to issue additional TDRs to property owners affected by land acquisitions for projects like the Musi rejuvenation, flyovers, road expansions, and lake development. The GHMC has issued TDRs amounting to 51.83 lakh square yards (about 1,070 acres) to property owners since 2017 after acquiring land for road widening and other public…

Latest StoriesRegulatory

Hyderabad Civic Body to Manage Records of Merged ULBs

HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has instructed deputy municipal commissioners (DCs) to immediately assume control of all administrative records from the 27 urban local bodies (ULBs) set to merge with GHMC. These records will be entrusted to the respective zonal commissioners. Officials are required to seize minutes books from the municipal councils and close the existing bank accounts of ULBs, transferring their balances to the GHMC’s designated bank account. Furthermore, the GHMC commissioner has directed DMCs to compile detailed information from all 27 ULBs, including lists of their employees, records of immovable properties, information on ongoing schemes and…

InfrastructureLatest Stories

Hyderabad: 7 Years Later, No Funds for 27 Merging Bodies

HYDERABAD: Seven years after their merger with the Greater Hyderabad Municipal Corporation (GHMC), the 27 municipalities and municipal corporations still struggle to secure basic amenities and financial support. These urban local bodies (ULBs) are heavily reliant on limited property tax collections, lacking the necessary resources to undertake vital civic works such as road maintenance, drainage infrastructure, parks, and more. According to official sources, although the state has approved their merger, the GHMC plans to maintain these ULBs as separate municipal circles with their current staff until a comprehensive reorganization is implemented. The government is reportedly considering the establishment of two…

IndustryLatest Stories

Hyderabad civic body revenue rises with more high-rise approvals

HYDERABAD: The surge of high-rise buildings in Hyderabad has significantly boosted the revenue for the Greater Hyderabad Municipal Corporation (GHMC). From January to August of this year, the civic body recorded earnings of ₹1,199.7 crore, a remarkable increase compared to the total revenue of ₹815 crore in 2024. This revenue bump is primarily attributed to a rise in high-rise building approvals, which yield much higher fee collections than traditional residential projects. Notable growth areas include Uppal Bagayath, Nanakramguda, Khajaguda, Budvel, and Gaganpahad, where several substantial residential and commercial developments have been approved. Significant projects include a 50-story residential tower in…