Hyderabad civic body sends notices to property owners for misuse
Real Estate

Hyderabad civic body sends notices to property owners for misuse

Greater Hyderabad municipal corporation (GHMC) town planning wing has issued nearly 3,500 notices on property owners running commercial activities after taking residential permission.

Property owners misusing the residential buildings in Hyderabad are said to be running shops, offices, and boutiques.

The Hyderabad municipal corporation had warned the owners to convert the buildings into commercial establishments or stop misusing them, prior to slapping property owners with notices.

Last month, GHMC had published a list of 118 new roads marked as commercial stretches. Keeping in mind traffic density, noise pollution, and space crisis, the government did not agree to the proposal to declare all 100-ft wide roads as commercial stretches in the city.

GHMC will not apply the impact fee where the site is a commercial belt part or already designated for commercial usage in the master plan. The impact fee for a structure that has only one floor or less is 6% or Rs 300 per square feet. For the building with more than one floor, 3% or Rs, 150 per sq ft impact fee will be applicable.

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Greater Hyderabad municipal corporation (GHMC) town planning wing has issued nearly 3,500 notices on property owners running commercial activities after taking residential permission. Property owners misusing the residential buildings in Hyderabad are said to be running shops, offices, and boutiques. The Hyderabad municipal corporation had warned the owners to convert the buildings into commercial establishments or stop misusing them, prior to slapping property owners with notices. Last month, GHMC had published a list of 118 new roads marked as commercial stretches. Keeping in mind traffic density, noise pollution, and space crisis, the government did not agree to the proposal to declare all 100-ft wide roads as commercial stretches in the city. GHMC will not apply the impact fee where the site is a commercial belt part or already designated for commercial usage in the master plan. The impact fee for a structure that has only one floor or less is 6% or Rs 300 per square feet. For the building with more than one floor, 3% or Rs, 150 per sq ft impact fee will be applicable. Image Source

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