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Property Tax Hike

Q: Is there any chance of increment in property tax in Hyderabad?

Reply

Replies (5)
1
The present rate of property tax is minimum of 50 to 60 paise per sft for residential buildings and a maximum of Rs 1.25 per sft, while for commercial properties the tax rate is between Rs 5 and Rs 20 per sq ft depending upon the area.
Sreyansh


2
What is the present property tax for both residential and commercial?
Harsha


3
GHMC plans to revise property tax rates based on locality , building type, usage and rental value.
Neelam


4
According to sources, the GHMC has set a target to collect Rs 1000 crore from the property tax in this year.
Kushal


5
Hi Bhupendra, the Hyderabad Municipality is planning to increase the tax structure of the properties in Hyderabad.
santhosh


6

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