Property Tax revision in Secunderabad

Q: Is it true that the property tax rates are going to be revised in Secunderabad?

Krishna Rao, Hyderabad

19th September 2014

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Replies (14)

Yes, in the case of shops it is between Rs 6 and Rs 12 per sq. ft, and for shopping complexes it is between Rs 10 and Rs 15 per sq. ft.

Sanjay Naidu, Hyderabad

23rd September 2014

Comment

Yeah, for instance, for independent properties (residential and posh buildings), the rate per sft has been fixed at Rs 3.50,while for ordinary buildings it is Rs 2.30 per sft.

Suresh Kota, Hyderabad

23rd September 2014

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Dude that is just the range, the actual property tax rate will vary building to building, depending on a lot of factors.

Ashwin Aysola, Hyderabad

23rd September 2014

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Guys i have some good info - the revised property tax rate for residential buildings is 1.50 per sq. ft and for commercial buildings is Rs 9.50 per sq. ft.

Faizan Khan, Hyderabad

23rd September 2014

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However over 2,000 property owners have not responded to the red notice. So the SCB decided to serve form of warrants under section 101 of the Cantonment Act, 2006, on these property owners

Srinivasan Rao, Hyderabad

22nd September 2014

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Its great news, because most property owners have responded to the notice and paid the tax. As a result, the SCB's revenue has gone up to Rs 12 crore (till this month) from Rs 9.07 crore (last year revenue).

Yogesh kumar, Hyderabad

21st September 2014

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Yeah I heard that notice was also served for arrears in December last, for which they dont have much time on hands to make the payment

Lokesh Gowda, Hyderabad

21st September 2014

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In fact they've already served notices (red) on owners of nearly 40,000 properties, both domestic and commercial, for defaulting the property tax payment of 2013-14 .

Shilpa Vydyula, Hyderabad

21st September 2014

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Guys I have some news about this. The SCB has decided to serve some form of warrants on 50 property owners for tax arrears. If they fail to clear the property tax dues, SCB might even take over their properties.

Sriram Gowda, Hyderabad

21st September 2014

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What the SCB have done is, divided the Secunderabad Cantonment into five zones and deployed six tax officers who will visit each and every property and measure it for fresh property tax assessment

Ashok Sharma, Hyderabad

20th September 2014

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In fact, the SCB authorities had asked the general public to submit their objections on the triennial revision before July 18, but so far there has been no response.

Medha Mammidipuddi, Hyderabad

20th September 2014

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Its good that the Cantonment Board has finally announced a revised triennial assessment between April 1, 2012 and March 31, 2015.

Radha Reddy, Hyderabad

20th September 2014

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Actually this tax revision is supposed to happen triennially, which means that once in three years. But for various reasons it hasnt happened for this long in the past.

Ashok Kolluru, Hyderabad

19th September 2014

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