Latest Realty News

GHMC mulls single challan for building permissions
Dec 16, 2014
HYDERABAD: The GHMC is planning to introduce a single challan system for granting building permissions in the city
Govt plans to regularise illegal buildings across state
Nov 26, 2014
HYDERABAD: The state government is planning to regularize illegal constructions across the state by announcing a scheme
Greater Hyderabad Municipal Corporation mulls massive property tax waiver
Nov 07, 2014
HYDERABAD: With an eye on the upcoming Greater Hyderabad Municipal Corporation (GHMC) elections, the standing committee of the civic body has decided to waive property tax up to Rs 4,000 per annum for residential properties
GHMC bulldozes floors for violating building rules
Oct 29, 2014
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) began demolition of illegal floors of a multi-storeyed apartment in Musheerabad
Focus on property tax collection: GHMC chief
May 28, 2014
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) commissioner Somesh Kumar has directed the officials to concentrate more on revision petitions related to property tax collection by conducting property tax Parishkaram-3. With this, cases of various tax related issues could be settled on the spot giving scope for more collection, he added.
Greater Hyderabad Municipal Corporation targets Rs 1,111-cr property tax
Mar 31, 2014
HYDERABAD: Greater Hyderabad Municipal Corporation (GHMC) commissioner Somesh Kumar has said the corporation will reach the magic figure of Rs 1,111 crore in property tax collections by March 31. Till Saturday, the corporation could collect Rs 895 crore, which was Rs 148 crore more than the last financial year's collection of Rs 747 crore, he added.
Poll priorities: Amma canteens, Aadhaar cards keep them busy
Mar 31, 2014
CHENNAI: Buying rice and curd can take much of someone's time, according to corporation officials. The reason for the poor record of the civic body in collecting property tax is that revenue staff are spending much of their time procuring provisions for the expanding Amma canteens, they say.
GHMC to Upgrade Handheld Tax Bill Issuing Machines
Mar 10, 2014
HYDERABAD: Greater Hyderabad Municipal Corporation (GHMC) has so far been using handheld machines for delivering property tax bills and collecting payments from the property owners. Currently there are 398 machines in use. To take complete leverage of existing devices and infrastructure, the GHMC has decided to expand the scope of the existing application to include more features to issue demand and make collection of other taxes.
Experts cite Hyderabad model to curb building violations
Jan 22, 2014
CHENNAI: Unauthorised construction activity is on the rise in the city owing to the shortage of civic staff, so experts have suggested that the corporation follow a model introduced in Hyderabad to curb building violations.
Backbreaking tax on vacant land in Hyderabad
Jan 14, 2014
HYDERABAD: In a strange twist of logic, the Greater Hyderabad Municipal Corporation (GHMC) imposes more tax on vacant plots than it collects from owners of buildings and other structures.
Land losers to get more compensation
Dec 11, 2013
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) and other government agencies, which take over private properties for various purposes, will have to cough up more compensation for acquiring properties from January 1, 2014.
Neighbours' pride, Greater Hyderabad Municipal Corporation's joy
Dec 09, 2013
HYDERABAD: In a bid to curb unauthorized constructions, the Greater Hyderabad Municipal Corporation (GHMC) has decided to provide copies of sanctioned building plans to neighbours of building applicants.
GHMC plans road to please realtors
Sep 11, 2013
HYDERABAD: Bowing to the pressure from builders and land owners, Greater Hyderabad Municipal Corporation (GHMC) officials are said to be actively considering construction of a link road from Navayuga SEZ, opposite the West Zone of GHMC, to Chandanagar railway station in Serilingampally, at an estimated cost of Rs 17.10 crore.
Integrated building approvals to check graft in Hyderabad
Sep 02, 2013
HYDERABAD: In a bid to bring in transparency, avoid delays and check corruption, the Greater Hyderabad Municipal Corporation (GHMC) has decided to integrate online building approvals with occupancy certificates and property tax assessment.
Poor response to property tax scheme in Hyderabad
Jul 22, 2013
HYDERABAD: On an average, the Greater Hyderabad Municipal Corporation (GHMC) gives out 1,000 building permissions a month. But new assessments of property tax hardly reach 100 a month, meaning less than 10% of property owners are registering to pay property tax in the entire Greater Hyderabad area.
Green buildings in India: Hyderabad spearheads the change
Jun 29, 2013
HYDERABAD: The future of real estate strongly associates with ‘Green Buildings’. Despite the fact that almost all real estate developers acknowledge it, only a handful of them are able to follow. Launching a green project, from a real estate developer’s perspective, is commercially unviable and thus not necessary. And they are right to a large extent. Since green projects require a relatively higher level of initial capital expenditure, developers find it difficult to go ahead unless they are su
Mall sealed day after inauguration - Hyderabad
Oct 06, 2012
HYDERABAD: A day after the grand inauguration of South India shopping mall at Kukatpally, the Greater Hyderabad Municipal Corporation (GHMC) on Friday sealed the complex as the mall did not have an occupancy certificate (OC) which is mandatory for any building. GHMC chief city planner G V Raghu said one A V Krishnam Raju and others obtained permission for construction of the commercial buildin

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