Tag: Hyderabad property tax

Latest StoriesRegulatory

1.6 Lakh Notices Sent to Telangana Property Tax Defaulters

Representative AI image HYDERABAD: Civic authorities in the Core Urban Region (CURE) are stepping up efforts to collect overdue property taxes as the fiscal year 2025–26 approaches its end, sending numerous notices to defaulters. In the past 15 days, the Greater Hyderabad Municipal Corporation (GHMC), the Cyberabad Municipal Corporation (CMC), and the Malkajgiri Municipal Corporation (MMC) have issued approximately 164,000 demand notices to property owners who have not settled their dues. Out of nearly 2.88 million property tax assessments in the city, around 40% remain unpaid for the current financial year. Additionally, the total outstanding amount is alarming. While the…

IndustryLatest Stories

Hyderabad: ₹100 Crore Tax Evasion by 1 Lakh Property Owners

HYDERABAD: The financially struggling Greater Hyderabad Municipal Corporation (GHMC) has discovered over one lakh property owners who have collectively avoided paying over Rs 100 crore in taxes by undervaluing their properties for several years. This was revealed during a GIS-based survey conducted by the GHMC between August 2024 and December 2025, utilizing drone imagery and high-resolution mapping. As part of the survey, over six lakh properties were assessed. The data indicated that most of the under-assessed properties are located in Serilingampally, Chandanagar, Moosapet, Kukatpally, and LB Nagar circles—areas characterized by rapid urban development, high-rise buildings, and increased commercial activity over…

IndustryLatest Stories

Hyderabad: 1 Lakh Owners Evaded ₹100 Crore in Taxes, GHMC Reports

HYDERABAD: The financially challenged Greater Hyderabad Municipal Corporation (GHMC) has identified over 100,000 property owners who collectively evaded taxes exceeding Rs 100 crore due to prolonged under-assessment of their properties. This discovery was made during a GIS-based survey conducted from August 2024 to December 2025, utilizing drone imagery and high-resolution mapping. More than six lakh properties were evaluated as part of this survey. The results indicated that most under-assessed properties are located in rapidly urbanized areas such as Serilingampally, Chandanagar, Moosapet, Kukatpally, and LB Nagar, all of which have seen significant commercial and residential development in recent years. An official…