Funds sanctioned to three corporations towards property tax dues
The Telangana government has approved ₹1,686.39 crore for settling property tax arrears through a One Time Settlement scheme. This funding aims to clear long-standing dues for government properties in several municipal corporations. The scheme offers a 100% waiver on accumulated interest and penalties for the 2026–27 financial year.
- ▪The sanctioned amount is intended for property tax arrears under the Greater Hyderabad Municipal Corporation, Cyberabad Municipal Corporation, and Malkajgiri Municipal Corporation.
- ▪The One Time Settlement scheme allows for the clearance of dues within one year through appropriate instalments.
- ▪₹1,585.41 crore is allocated to GHMC, ₹24.87 crore to CMC, and ₹76.11 crore to MMC for this purpose.
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The Telangana government has sanctioned ₹1,686.39 crore for settlement of long-pending property tax arrears on government properties falling under the limits of the Greater Hyderabad Municipal Corporation (GHMC), Cyberabad Municipal Corporation (CMC) and Malkajgiri Municipal Corporation (MMC) through a One Time Settlement (OTS) scheme. The sanction was issued by the Metropolitan Area and Urban Development (MA&UD) Department on Wednesday. The order follows an earlier government decision approving the implementation of the OTS scheme for the 2026–27 financial year, offering a 100% waiver on accumulated interest and penalties on outstanding property tax dues relating to government properties.
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