+
GHMC Launches Drive To Boost Property Tax Revenue
Real Estate

GHMC Launches Drive To Boost Property Tax Revenue

The Greater Hyderabad Municipal Corporation (GHMC) has launched a special campaign to enhance property tax revenue from non-residential and commercial properties by reassessing their total built-up area. Any discrepancies identified during inspections will trigger immediate revision of both property tax and trade licence fees, officials said.

The initial phase of the drive focuses on shopping malls across Hyderabad, with over 300 such establishments identified in the twin cities. After the mall inspections, GHMC will extend the verification process to other non-residential properties, including hospitals, star hotels, factories, educational institutions, gyms, petrol stations, multiplexes, cinemas, marriage halls, banks, shops, warehouses, cellular towers, offices, shopping complexes, ATMs, bars, restaurants, and hostels.

Through this reassessment and subsequent revision, GHMC aims to generate an additional Rs 1 billion annually.

According to officials, zonal commissioners from all six GHMC zones have assigned daily verification targets to each Deputy Municipal Commissioner (DMC) based on the number of malls within their respective circles.

DMCs are required to physically inspect each property, verify that property tax and trade licence fees comply with regulations, and initiate immediate revisions in cases of discrepancies.

The corporation expects that this systematic reassessment will not only increase annual revenue but also improve compliance and transparency within Hyderabad’s commercial property sector.

The Greater Hyderabad Municipal Corporation (GHMC) has launched a special campaign to enhance property tax revenue from non-residential and commercial properties by reassessing their total built-up area. Any discrepancies identified during inspections will trigger immediate revision of both property tax and trade licence fees, officials said. The initial phase of the drive focuses on shopping malls across Hyderabad, with over 300 such establishments identified in the twin cities. After the mall inspections, GHMC will extend the verification process to other non-residential properties, including hospitals, star hotels, factories, educational institutions, gyms, petrol stations, multiplexes, cinemas, marriage halls, banks, shops, warehouses, cellular towers, offices, shopping complexes, ATMs, bars, restaurants, and hostels. Through this reassessment and subsequent revision, GHMC aims to generate an additional Rs 1 billion annually. According to officials, zonal commissioners from all six GHMC zones have assigned daily verification targets to each Deputy Municipal Commissioner (DMC) based on the number of malls within their respective circles. DMCs are required to physically inspect each property, verify that property tax and trade licence fees comply with regulations, and initiate immediate revisions in cases of discrepancies. The corporation expects that this systematic reassessment will not only increase annual revenue but also improve compliance and transparency within Hyderabad’s commercial property sector.

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App