Posts Tagged ‘ GHMC ’

GHMC Assures Tax Penalty Adjustments in December’11

25 percent of additional property tax is generally levied by the Greater Hyderabad Municipal Corporation (GHMC) on unauthorized constructions. However, the penalty was imposed by the corporation on some buildings which had already been regularized under the building regularization and penalisation scheme. About 4,500 petitions have been filed mentioning that the buildings received the...

Tags: ,
Posted in Real Estate - Major Developments | No Comments »

GHMC Lowers Penalty Blow on Unauthorized Buildings

It is known that alarming penalties have been collected by the Greater Hyderabad Municipal Corporation (GHMC) from unauthorized constructions. However, elected representatives and residents have been resenting over these higher penalties. The corporation, therefore, proposed to reduce the fine to be paid by the illegal building owners. Builders involved in constructions without permission from...

Tags: ,
Posted in Real Estate - Major Developments | No Comments »

GHMC Lists Buildings with Permissions

With an aim to enable the citizens to verify the legal permissions of the buildings before purchase, the Greater Hyderabad Municipal Corporation (GHMC) has proposed to list the buildings with permissions and Building Penalization Scheme (BPS) application lists at Citizen Service Centers (CSC). A BPS mela is proposed to be conducted every Saturday to...

Tags:
Posted in Real Estate - Major Developments | No Comments »

Unauthorized Structures Can Pay 33% Penalty and Get Permission

Many buildings are being constructed in the city without permission from the Greater Hyderabad Municipal Corporation (GHMC). There has also been a rise in the number of unauthorized structures. The corporation, as per the GHMC Act, 2009, section 455 A, decided to give permissions to the structures which were built without permission only if...

Tags: ,
Posted in Real Estate - Major Developments | No Comments »

GHMC Introducing Hand-Held Machines to Collect Property Tax

Hand-held machines have now been introduced to collect property tax by the Greater Hyderabad Municipal Corporation (GHMC). The proposal aims to avoid the corruption or any other malpractices during tax collection. Currently, the property tax from the owners is being collected in the form of cash or cheques and manual receipts have been provided...

Tags: ,
Posted in Real Estate - Major Developments | No Comments »

GHMC Traps Builders Neglecting Norms

Upon receiving the Occupancy Certificate (OC) from the Greater Hyderabad Municipal Corporation (GHMC), certain builders have been playing by neglecting the building norms. The corporation is to issue the OC to the builders only after the completion of building construction as per the approved planning. However, once they get OCs into their hands, builders...

Tags: , ,
Posted in Real Estate - Major Developments | No Comments »

High Court to Help GHMC in Dealing with Illegal Constructions

In order to cut down the rise of illegal constructions, misuse of cellars, open spaces, using residential areas for commercial activities etc., the AP High Court has proposed to implement certain guidelines and help the Greater Hyderabad Municipal Corporation (GHMC) in the process. The corporation had demolished about 13,000 units during July 2011. It...

Tags: ,
Posted in Real Estate - Major Developments | No Comments »

GHMC Tracks Assessed Properties with GIS Mapping

The Greater Hyderabad Municipal Corporation (GHMC) was unclear about the number of households in the city. As per the census data, about 20lakh households are there in the city. However, the assessed properties with the corporation are found to be only 12.5 lakh. Of them, 10.5 lakh units are residential properties and two lakh...

Tags: ,
Posted in Real Estate - Major Developments | No Comments »

“Green Channel” Act as a Sign of Relief for Builders

The GHMC has introduced a new scheme called “Green Channel” on 18th of October last year, in which the building applications with clear documents are given quick permissions. This measure was taken in order to curb corruption among the official of GHMC. As per this scheme, if an employee fails to give permissions to...

Tags: ,
Posted in Real Estate - Major Developments | No Comments »