Hyderabad

Over Rs 2000 crore property tax collected in Hyderabad in FY 2024-25

This marks the highest-ever collection in the civic body's history.

Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) has achieved a historic milestone by collecting over Rs 2,012.36 crore in property tax for the Financial Year 2024-25 (as of 6 PM on March 31).

This marks the highest-ever collection in the civic body’s history.

One-time scheme boosts tax revenue

A significant portion of this collection – Rs 465.07 crore – was gathered between March 8 and March 31 under the One-Time Settlement (OTS) scheme which was introduced by the government to encourage timely payments.

With the new financial year beginning, GHMC has announced the Early Bird Scheme. It allows taxpayers to avail a 5 percent rebate if they pay their property tax in April 2025.

The rebate is applicable for FY 2025-26 payments only and not for previous arrears.

How to pay property tax in Hyderabad

Taxpayers can make payments through one of the following:

  • GHMC’s official website
  • MeeSeva centers
  • Designated bank branches

This post was last modified on April 1, 2025 8:34 am

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Sameer Khan

Sameer Khan, a native of Hyderabad, holds an M.Tech degree. He has been associated with Siasat since 2011, covering stories on Hyderabad, Business, Sports and Technology. Beyond journalism, he is a passionate IT trainer, sharing his expertise in programming and technology with aspiring students. In his leisure time, he enjoys reading books on business, learning about emerging technologies, and exploring geopolitics.

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