DEVELOPMENT CHARGES HIKED STEEPLY IN HUDA , HADA AREAS

JUN - 29 - 2012

The Government of Andhra Pradesh has abnormally revised the development charges by 75 per cent in the extended areas of the erstwhile Hyderabad Urban Development Authority (HUDA)/Hyderabad Airport Development Authority (HADA) areas. The Municipal Administration and Urban Development Department (MAUD) issued orders on July 12 permitting the Hyderabad Metropolitan Development Authority (HMDA) to hike the charge by 75 per cent.The government issued the order following a letter by the HMDA [...]

MINISTER RULES OUT RISE IN LAND MARKET VALUE

POSTED BY APREDA AUG - 1 - 2012 COMMENTS OFF

Minister rules out rise in land market value TIMES NEWS: 01/08/2012 Hyderabad: Quashing all speculation about an increase in market value of land in the state with effect from August 1, minister for stamps and registrations, Thota Narasimham, on Tuesday said that the matter was still under consideration. Speaking at the curtain-raiser of the Andhra Pradesh Real Estate Developers Association’s (APREDA) third property show, scheduled to be held in the [...]

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GOVT ISSUES GO:33 ON MDP-2031

POSTED BY APREDA NOV - 27 - 2012 COMMENTS OFF

The Government  of  AP has issued GO:33 approving the metropolitan development plan 2031

Home › Guide › News › Cities › Penalty increases for illegal constructions in Hyderabad

Penalty increases for illegal constructions in Hyderabad

1 Comment Sub Category:Cities,Civic Issues,Hyderabad,Property Tax

Hyderabad – Seeing the growing number of new illegal constructions or floors, Greater Hyderabad Municipal Corporation (GHMC) has decided the penalty as 100 percent more on normal property tax. Till now the corporation levied penalty as 25 percent on the property tax.

For example, owner of an unauthorised construction has to Rs 2000 towards property tax when the normal tax is Rs 1000. The main aim behind this new rule to increase penalty in order to stop property owners building illegal or unauthorised structures in the city. This decision is likely to be executed from April 1, 2013.

According to the GHMC sources, this rule will be applicable for all type of properties in Hyderabad such as flats, houses, assigned land and encroachments on government land. It is expected this new rule will add Rs 30 crore additional revenue to the civic body.

According to the GHMC commissioner, efforts are being taken by the body to amend the 220B section of the Greater Hyderabad Municipal Corporation Act. This section comprises of clause which instructs to impose 25 percent penalty on illegal structures till they are regularised or demolished. The civic body is doing so despite of the same new rule been incorporated in the New Building Rules (GO 86) issued in 2006.

As per a GHMC official, the Building Rules GO and GHMC Act are contradicting thus can be challenged in the court. Now the decision to amend the act is completely on the municipal administration and urban development (MA&UD) department.

This new rule also embraces the penalty on squatters of encroached government land or municipal land or any category of land. The illegal constructions going on government land were not assessed due to ambiguity in the GHMC Act on assessment of the encroached land. Now the squatters of encroached government land could no more enjoy the civic amenities and other facilities which resulted in loss of revenue.

The GHMC sources added that a meeting is likely to be held between chief minister and various departments like GHMC, Central Power Distribution Company Limited (CPDCL), Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS & SB) and Stamps and Registrations department to discuss on the measures to be taken to prevent unauthorised constructions.

They also discussed about the mandatory Occupancy Certificate (OC) required for the water and electricity connections in the New Building Rules. They found that only HMW &SSB was following this rule while CPDCL was not adhering to the rule. Thus corrective steps will be taken by the state government to make OC mandatory in various acts.

Good time to buy property in Hyderabad, says AP CM

Business Line Property show opens: Andhra Pradesh Chief Minister, Mr N. Kiran Kumar Reddy, at the inaugural function of the APREDA Property Show 2011 at the Hitex exhibition centre in Hyderabad on Saturday. — Photo: P. V. Sivakumar

The CM said bandhs and strikes have affected the real estate and IT sectors. He assured that the Government would ensure that Government and private property is not affected.

Hyderabad, Oct. 16: 

The Andhra Pradesh Chief Minister, Mr N. Kiran Kumar Reddy, today said this is a good time to buy real estate in Hyderabad as prices are reasonable and affordable for the middle class.

Speaking after inaugurating the Andhra Pradesh Real Estate Developers Association (APREDA) property show here today, Mr Reddy said bandhs and strikes have affected several sectors in the State, including real estate and IT. But people are coming out of this issue.

He assured that the Government would deal firmly with the violators of law and order and ensure that Government and private property is not affected.

Summit

Coinciding with the sixth APREDA Property Show 2011 at Hitex Exhibition Centre, a summit on ‘Vibrant Cities for a Vibrant Economy' was hosted in the the presence of industry experts.

Mr P. Premkumar, President, APREDA, said, “The show has over 190 stalls exhibiting their properties and developments from across the State. This show serves as a platform and provides an opportunity for developers to exhibit their projects and run exclusive promotions to attract prospective buyers. Visitors also get firsthand experience of meeting the leading real-estate developers, financiers, associates and interior designers at one place.” A book titled Sculpt your City which encompass 21 strategies, including green housing, traffic control and waste management, compiled with inputs provided by 100 leading companies, was released today. ICICI Bank and Huawei were the event sponsors along with Confederation of Indian Industry (CII), National Real Estate Development Council (NAREDCO), The IT and ITES Industry Association of AP (ITS AP), TIE, Amec and LIC Housing as their event partners.