Secunderabad Cantonment Board to raise revenue by taxing buildings

09 Mar 2022 CW Team

The Secunderabad Cantonment Board (SCB) plans to increase revenue by taxing 1,200-1,500 buildings that have come up recently.

The SCB tax wing has taken up a marathon exercise in the last five months to assess property tax on existing or new buildings.

According to an SCB tax official, during the assessment of buildings, the residential properties outnumber commercial ones in SCB. From eight SCB wards, the Board found new residential buildings in six, mostly in Mahendra Hills, Trimulgherry, Bowenpally, and Bolarum.

Deputy CEO of SCB, Vijaykumar Balan Nair, said that the Board had earned Rs 26 crore in FY21 and expected Rs 30 crore this year.

Overall, there are 15,000 to 20,000 properties, including residential and commercial properties, and demand notices have been served wherever applicable.

Nair told the media that the property owners have to pay their taxes by 31 March 3. After the date, notices would be served, and a fine of Rs 100 per month, with 1% on the total outstanding tax, will have to be paid for the delay. Officials of the Board will seal the property owing taxes after a final notice period of 30 days.

Image Source

Also read: GMC eyes Rs 80 crore more revenue via property tax

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..