Q: The Mayor announced that there wont be an increase in property tax and we are happy that the Mayor has taking the desicion by keeping the condition of the people of Hyderabad. Is there any chances of property tax hike in the future?
The Mayor as well as other officials agreed that there should not be hike in property tax as the buyers are already in depression as there was a price hike in fuels and other goods. It is said that there can be hike if the government releases funds for road repair, contruction of the fly over and other civic works.