Released on: July 4, 2008, 10:55 pm

Press Release Author: varma

Industry: Real Estate

Press Release Summary: The Greater Hyderabad Municipal Corporation (GHMC) has
silently enhanced all fees pertaining to building permissions, layout permission,
betterment charges and other necessary fees with immediate effect.

Press Release Body: The Greater Hyderabad Municipal Corporation (GHMC) has silently
enhanced all fees pertaining to building permissions, layout permission, betterment
charges and other necessary fees with immediate effect. Though the circular was
issued to collect the new tariff from applicants from July 1, the town planning
authorities did not make it public. They had also not bothered to post it on the
corporation website or issue a press release to inform the public through the media
about the new rates.

The GHMC has rationalised building and layout fees by issuing order UO Note No.
672/TPS/GHMC/HO/99-08/2112. In simple words, people who want to construct a house or
a building in the GHMC limits, including surrounding circles, will have to pay fee
as per the new tariff which has come into effect on July 1. In the former
surrounding municipalities, residents used to pay less fee than the erstwhile
Municipal Corporation of Hyderabad area rates as they were not 'developed\'. Now,
they will have to shell out the fee on a par with former MCH area. Ironically, the
proposal to hike the tariff was cleared by the GHMC standing committee and general
body on June 30 and came into effect the very next day.

For getting permission to construct or reconstruct residential buildings in plot
size between 501 and 750 square metres, people have to pay Rs 70 per sq metre built
up area instead of the existing Rs 55 and for above 750 sq metres plot area
construction, the fee is Rs 80 which was Rs 55 until now. High-rise builders will
have to shell out Rs 100 per sq metre. Up to 200 sq metres plot area and up to 500
sq metres, plot owners have to remit Rs 10 and Rs 50 per sq metres respectively to
the corporation.

For commercial buildings, the minimum rate is Rs 50 and maximum Rs 150, whereas the
existing rate is Rs 99.
Betterment charges for built up area have been increased with an eye on more
revenue. For individual residential building, the rate would be Rs 100 instead of
the earlier Rs 86. For commercial, institutional or for all non-high rise buildings,
the betterment charges are Rs 175 per sq metres and Rs 225 for high-rise commercial
buildings. In case of layout permission for residential purpose, the rate has been
increased to Rs 15 from the existing Rs 10. Non-residential layout developers have
to pay Rs 20 per sq metre from the existing Rs 10 to Rs 15. While the minimum fee is
Rs 5,000 for residential layouts, it is Rs 7,500 for non-residential layouts.

Betterment charges for internal amenities, works and lung spaces, arterial roads in
layouts, the town planning will charge Rs 125 per sq metre area instead of Rs 86 for
residential purpose. For Banjara Hills and Jubilee Hills, the charges would be Rs
175, while it was Rs 107.50 for residential buildings. The rates will be Rs 175 for
others areas and Rs 225 for commercial buildings in other areas and Banjara Hills
and Jubilee Hills respectively. The GHMC officials said vacant land tax would be
collected at the rate of 0.50 per cent on prevailing registration value and 8 per
cent library cess on vacant land tax...........

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