15 hrs ago
CURE Act Property Tax Revision Set for April 2027
The CURE Act is a new set of rules for governing parts of the Hyderabad region.
Property tax will not change right away.
It is due to be revised from April 1, 2027, after government property guideline values are updated.
Until then, the stated tax rates differ for homes, businesses and vacant land.
Existing tax assessments will be used as the starting point.
If a new calculation means someone owes more, the yearly increase will be limited to 10%.
Some owner-occupied homes smaller than 375 square feet will owe ₹101 a year.
People can submit details about new properties online, and the corporation will inspect them.
Illegal construction can attract penalties, but paying a penalty does not make the construction legal.
Property tax under the Core Urban Region Act will be revised from April 1, 2027, when guideline values are updated.
Tax assessments will use government guideline values per square yard, while existing assessments will serve as the base.
Until corporations notify their own rates, taxes are 0.15% for residential properties, 0.75% for commercial properties and 0.50% for vacant land.
Annual increases will be capped at 10% when a guideline-value assessment exceeds the existing tax; eligible owner-occupied homes under 375 square feet will pay ₹101 a year.
The Act sets penalties of 25% to 300% of property tax for illegal construction and enables online self-assessment for new properties.
- Who
- Property owners in the Core Urban Region, and the municipal corporations responsible for assessments.
- What
- Property tax under the CURE Act will be revised using government guideline values, with existing assessments serving as the base.
- Where
- The Core Urban Region, including areas administered by GHMC, CMC and MMC.
- When
- The revision is scheduled to begin April 1, 2027, after guideline values are updated.
- Why
- The Act bases property tax assessments on government value per square yard, known as the card value in Sub-Registrar Offices.
Key facts
- Revision date
- April 1, 2027
- Residential rate
- 0.15%
- Non-residential/commercial rate
- 0.75%
- Vacant land rate
- 0.50%
- Annual increase cap
- 10% when tax calculated on guideline value is higher than the existing assessment
- Small-home tax relief
- ₹101 annual tax for eligible owner-occupied residential properties under 375 square feet
- Early-payment rebate
- 5% for payment of the full year's tax before April 30
- Illegal construction penalties
- 25% to 300% of the property tax; paying the penalty does not regularise unauthorised construction
Quotes
MA&UD Department official
An official from the Municipal Administration and Urban Development Department.
“For assessment of new properties, the property value will be considered based on the guideline value fixed by the Revenue (Registration) Department, and property tax will be determined accordingly.”
deccanchronicle.com
“Payment of the penalty does not regularise unauthorized construction.”
deccanchronicle.com
Sources
Related news
Telangana Introduces Core Urban Region Governance Bill
MCD Approves 75% Rebate on PM-UDAY Regularisation Charges
CPM Alleges Rs 1,000 Crore Urban Property Tax Burden
Telangana Begins Regularising Properties Under Section 22-A List
BMC Proposes Premium For Redeveloping Civic Tenanted Properties
BMC Reworks Sealing Policy as Bhopal Plan Opens Regularisation Window
Cyberabad Corporation Plans Waste Fees, Flood Works and Crackdowns
Hyderabad Selected for Centre’s PRAGATI-50 Urban Cleanliness Initiative
Hyderabad Civic Bodies Warn Waste Generators of Possible Utility Cuts
Hyderabad Clears More Than 24 Tonnes of Ganesh Idol Waste
