Aarawas to garner 1L letter to demand uniform property tax, Real Estate News, ET Real Estate

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Hyderabad: Representatives of residents’ welfare associations (RWAs) in developing areas have called for collecting one lakh memorandums demanding a uniform property tax assessment system across Hyderabad.

At the heart of their latest move to escalate the matter is the disproportionate amount of property tax they pay in comparison to the areas it comes under. Greater Hyderabad Municipal Corporation ,GHMC,

In a meeting held on Sunday, representatives of various RWAs decided to submit a memorandum to the Municipal Administration and Urban Development (MAUD) minister. KT Rama Rao, Around 750 gated communities in peripheral areas under municipalities such as Tellapur, Manikonda, Bandlaguda Jagir, Kokapet, Aminpur and Khajaguda participated in the meeting.

Members pointed out that there is a lack of uniformity in the calculation of property tax across Urban Local Bodies (ULBs). They are demanding uniform property tax assessment based on the Annual Rental Value (ARV) system across Hyderabad. GHMC follows the ARV system, which calculates property tax on the basis of a fixed annual rent of the property. Most of the other urban local bodies around GHMC do not follow this system.

“It has been a perennial problem for us,” Manikonda RWA president Sitaram Dhulipala told TOI. “We pay three times more property tax than those living in GHMC limits because we pay tax based on capital value (CV).”

Members stated that there is also no uniformity in CV evaluation in different ULBs. In the CV system, ULBs use the market value of the property to calculate property tax. This market value is decided by the Stamp Duty Department of the concerned area.

“Apart from the capital value, at some places they do not collect a uniform unit value fee, which has been fixed by the government at a fixed cost of ₹1,100. Some ULBs charge less, others charge more,” said Sitaram.

Telpur Neighborhood Association (TNA) president Ramana Eshwargiri said there is disparity in property tax in the neighbourhood. “It is surprising that some residents whose neighbors have the same plinth area pay separate property tax,” Ramana told TOI.

During the meeting, the RWAs also resolved to increase voter registration through various campaigns. The RWA also discussed about the conservation of lakes and decided to motivate the revenue department to survey the lakes and find out the FTL area.

  • Published on Jul 11, 2023 at 11:00 am IST

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