Viswa Mandalapu Property News
The stage is set for steep hike
in property tax, both residential and commercial properties using civic
authorities planning to problem any draw up notification on the recommended
costs in twelfth Nov, per day just before Diwali.
The draft notice would be given
in a few days welcoming objections and ideas coming from individuals in
fourteen days moment. Following remaining notice, home owners might have to ugg
upwards additional house place a burden on, largely for that 2nd 1 / 2 of 4
seasons (October-March). In the event the prices usually are approved from the
firm, the actual lowest house place a burden on for residential properties
would be fixed at minimum Rs 0.90 per square feet (sft) and maximum Rs 5.
As an illustration, some sort of
homeowner of Madhapur region, who have been recently forking over Rs 0. 93 for
each sft seeing that home tax, may have to fork out Rs four. Summer after the walk. Masters of houses within bylanes, who've been forking over Rs 0. 84,
might have to fork out Rs 3. 30 for each
sft. In the same manner, residents of Jubilee Slopes and Banjara Slopes, who've
been forking over Rs 1. 30 till right now, would have to fork out Rs 5 for each
sft. Similarly, proprietors of properties within bylanes must fork out Rs four
against the recent Rs 1. 10 for each
sft.
source: http://content.magicbricks.com
