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Real Estate Forum on Hyderabad Development Authority

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hi, Wasn't there a case against Leo Meridian Infrastructure company for some things. Can I know more details about this?





Latest Answer: Hmm...It is also alleged that the projects for which company took loans were not completed. Due to nonpayment of interests, several of the accounts were classified as NPAs. The alleged fraud took place from 2007 to 2013. The case has been entrusted to the Bangalore Banking Securities and Fraud Cell.
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Q: Hey, I would like to get a detailed report about the accidents that happen in the outer ring road. Is it high? What is the reason for this as most people point out?








Latest Answer:  Patrolling on five important ORR stretches have also been on since January 2014. Some of the patrolling vehicles are equipped with speed guns and breath analysers. Also, i think that the Cyberabad police also has done a very good job by claiming that the measure to reduce the accidents on the ORR has become considerably reduced.
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Q: Hi, I want to know if there is any increase or decrease in the power tariff in Hyderabad, after the two states separated? If so, please comment for this. Thanks.





Latest Answer: Hello. I recently came to know that Ninety-two per cent of domestic and small-scale consumers have been spared the hike. There are 1,55,00,000 consumers in AP and out of them 92 per cent are exempted and even for the remaining 8 per cent, the burden will be minimal i.e. just 5 per cent.
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Q: Hi, I would like to know about the developments in the Hyderabad metro rail. I heard that the metro will be likely to extend more. Is it true?








Latest Answer: The works will be grounded in Old City where the route was proposed parallel to rail lines that ferried Multi-Modal Transport System (MMTS) trains. There is also a proposed extension of metro train from Salarjung museum to Nayapul, Muslimjungpul, Puranapul, Kalapathar and Falaknuma.
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Q: Hey, I want to know more about the approvals for special economic zones in Hyderabad and other regions in Andhra pradesh or Telengana. Can anyone help me find out some info about this?





Latest Answer: I think that in a similar case, the Development Commissioner has recommended cancellation of the approval given to AP Markfed, another state government body for setting up SEZ in Karimnagar in Telangana for failing to make any progress in the project.
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Q: I think that the Telengana government had plans to increase the tax no? What is the new proceedings on this?




Latest Answer: What I have to say is that we have tried several times to find the variation in the tax collections but the GHMC Alwal division has not come forward with any satisfactory replies. We now plan to raise the issue during the Monday Praja Vani. The tax department always states ‘ask the deputy commissioner’ and vice versa. GHMC is only acting against the orders.
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Q: Recently, I came to know that the property tax in the Secunderabad Cantonment board has not paid by many, and they are to pay the amount. Can I get more info about this?










Latest Answer: The rates were fixed without a proper survey. The property tax surveyors were managed by the bigwigs but the ones without political clout are suffering. The people were not given information on the calculation of sft. In the GHMC, the rates are decided based on the area, in prime areas, the rates are different.
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Q: Hi, I heard that the government is planning to earn more revenue through the regularisation of lands and buildings and sale of lands. Can you give more details about this?






Latest Answer: It is ironical that the Centre has budgeted for a fiscal deficit of 3.9 per cent of the GDP in 2015-16 but states are being asked to limit it to 3 per cent. A revenue surplus state like Telangana should be allowed to take loans up to 4 per cent of GSDP. This is what I think.
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Q: Hi there, I want to know what is the measures that the GHMC authorities are taking to collect the property tax and what punishments are given to the tax defaulters.



Latest Answer: Oh yeah that's true. Recently, one incident occured as part of this. Two garbage bins were installed in front of State Bank of India at Karwan and locked the gate of the bank’s premises and prevented bank authorities from functioning, thereby causing inconvenience to the bank’s account holders.
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Q: Hey, What happened to the famous housing scandal called the Indiramma housing scam? Is there any latest news about this?



Latest Answer: I got to know that in most of the cases, the sarpanches of the Panchayaths were found to have committed irregularities in connivance with MROs. I think there will be an effort by the investigating officer to inspect a considerable number of dwellings by undertaking door-to-door verification.
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