Tag: Secunderabad

Latest StoriesResidential

Secunderabad Cantonment Proposes Ward-wise Tax Arrears Recovery

HYDERABAD: Residents of Ward-8 in Secunderabad Cantonment submitted a proposal on Sunday targeting tax arrears recovery to senior cantonment and defense estate authorities. The proposal advocates for more stringent enforcement of overdue house tax collections in compliance with the Cantonments Act of 2006. Addressed to the CEO of the Secunderabad Cantonment Board, the Principal Director of Defense Estates (Southern Command, Pune), and the Director General of Defense Estates, New Delhi, the proposal aims to address ongoing revenue collection challenges from residential property owners by establishing a systematic ward-level enforcement mechanism. The initiative includes bi-weekly enforcement drives in each ward, entailing…

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Brigade Enterprises Q3 FY26 Net Profit Falls 12.61%

NEW DELHI: Brigade Enterprises has reported a 12.61% decline in net consolidated profit for the quarter ending December 31, 2025. Its profit after tax for Q3 FY26 was ₹205.83 crore, down from ₹235.52 crore in the same quarter last year, according to a BSE filing. The net consolidated total income for Q3 FY26 was ₹1,623.18 crore, reflecting a 6.11% increase from ₹1,529.68 crore in the previous year’s corresponding quarter. The company’s board has accepted the resignation of Pradyumna Krishna Kumar as interim Chief Financial Officer, effective February 2, 2026. Despite stepping down from this role, he will continue as an…

Latest StoriesResidential

Secunderabad: SH-1 Property Tax Increase Paused Amid Protests

HYDERABAD: Property owners along State Highway-1 (SH-1) have received good news from the Secunderabad Cantonment Board (SCB), which has decided to postpone the recently announced property tax increase until the ongoing road widening concerns are sorted out. Additionally, those without any rental income will benefit from a 50% tax discount. The decision follows significant pushback against the 100% tax increase, as many proprietors were already facing financial hardships prior to the hike. The planned road widening project, impacting over 1,000 properties along the highway, has prompted several tenants to vacate their homes. Telukunta Satish Gupta, chairman of the Rajiv Rahadari…

Latest StoriesRegulatory

Secunderabad Cantonment Board Raises Property Tax Over 100%

HYDERABAD: Property owners in the Secunderabad Cantonment Board (SCB) are facing more than a double increase in their property tax due to a recent revision that has raised the rates by over 100%. Typically, property tax adjustments are made by cantonment boards every three years. While some increase is common, residents are concerned that this latest adjustment is unprecedented. Previous hikes have rarely exceeded 30%, exacerbated by fears of losing their properties and tenants due to the anticipated road widening and elevated corridor project. “Notices about the tax increase started arriving three to four months ago, especially for properties along…

Latest StoriesRegulatory

Secunderabad Cantonment to Cut Water Supply for Defaulters

HYDERABAD: The Water Supply Department of the Secunderabad Cantonment Board (SCB) is set to disconnect water supply to residents with outstanding dues across eight wards in an effort to collect long-standing payments. Officials report that approximately ₹6 crore is owed to the board by defaulters. Madhukar Naik, the SCB’s Chief Executive Officer, stated, “We have exercised patience in hopes that residents would eventually pay, but due to our financial constraints, we have adopted a firmer approach. Our monthly expenditure for water procurement from the Hyderabad Metropolitan Water Supply and Sewerage Board exceeds ₹35 lakh.” SCB records indicate that out of…