GHMC collects 1,070 cr property tax

GHMC collects 1,070 cr property tax
Highlights

Greater Hyderabad Municipal Corporation has collected 1,070 crore towards property tax for the financial year 2015-16 with vacant lands in the city alone chipping in `20 crore. The civic body collected `1,050 crore as property tax from the residential and commercial establishments.

Hyderabad: Greater Hyderabad Municipal Corporation has collected 1,070 crore towards property tax for the financial year 2015-16 with vacant lands in the city alone chipping in `20 crore. The civic body collected `1,050 crore as property tax from the residential and commercial establishments.

GHMC Commissioner B Janardhan Reddy said that the civic body has surpassed previous year collection of `1,063 crore despite decreasing the property tax from `1,200 to `100 for about 5,07,000 slum dwellers in the city. He said besides the hard work of civic body officials, Property Tax Parishkarams on Sundays and mobile app helped a lot in improving property tax collections.

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