Telangana government earmarks Rs 400 crore for taking up land survey – ET RealEstate

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HYDERABAD: For taking up an integrated and comprehensive land survey in the state, the government has earmarked Rs 400 crore in the upcoming financial year.

Chief Minister K Chandrasekhar Rao announced that digital land survey of agriculture lands would be taken up soon and asked officials to float tenders for the same.

While it is estimated that Rs 600 crore would be needed for complete survey government allocated Rs 400 crore. The balance will be released in 2022-2023 fiscal.

The revenue department has gathered information about how states such as AP, Orissa, Rajasthan and Bihar are doing land survey, especially regarding technology and cost.

“Based on this, we will provide exact latitude and longitude of lands in passbooks. Not only agricultural lands, but endowment, Wakf, forest and other government land disputes will be resolved,” the government said.

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Secunderabad: 264 dwellings inaugurated in Sairam Nagar & Gandhi Nagar – ET RealEstate

HYDERABAD: Houses built under the state government’s dignity housing project were handed over to beneficiaries. On Friday 264 dwellings in Sairam Nagar and Gandhi Nagar were inaugurated, both areas are located in Secunderabad Cantonment Board(SCB).

Out of the total houses, 200 houses located in Gandhinagar were built with Rs 15.50 crore and Sairam nagar Rs 4.96 crore.

In Gandhi Nagar 200 two bhk houses are spread across seven blocks, each block is a G+ 3 structure. In Sriram Nagar the 64 houses are spread across four blocks and in this locality too each block is a three storied building.

Each unit measures 560 sft and construction cost per house is Rs 7.75 lakh, the dwellings are equipped with basic amenities like underground drainage system and power supply.

The houses were inaugurated by home minister Mahmood Ali , animal husbandry minister Talasani Srinivas Yadav and labour minister Malla Reddy also participated in the inaugural ceremony.

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Secunderabad: Old grant bungalows to pay commercial property tax – ET RealEstate

SECUNDERABAD: Owners of old grant bungalows (OGBs) located in the Secunderabad Cantonment, will soon be issued notices with a huge hike in property tax assessment.

The Secunderabad Cantonment Board (SCB) officials completed an assessment of 86 old grant bungalows (OGBs) of the British-era as part of the triennial revision, i.e. between 2018 and 2022.

“Notices will be served to all the owners of these bungalows in a day or two. They will be given 30 days to submit objections,” Secunderabad Cantonment Board deputy chief executive officer, Vijaykumar Balan Nair told STOI.

Though, the defence estates office, Telangana circle is a custodian of old grant bungalows, the SCB has been collecting property tax for decades, he said.

Agreeing that most of the OGBs are using their open spaces for commercial purpose, the Secunderabad Cantonment Board official said that the tax department made an assessment solely based on the commercial tariff. The range per square meter is between Rs 4 and Rs 10, added the official.

Most of the old grant bungalows are located in Sikh Village while few are in Balamrai, Bowenpally and other prime areas.

Several old grant bungalows have given their open spaces to function halls, furniture showrooms, car showrooms. They collect rent in lakhs.

The rent of a function hall starts from Rs 1.5 lakh and goes up to Rs 10 lakh per day.

On an average, the owners of these old grant bungalows earn Rs 2 to Rs 10 crore per annum only on rentals.

Secunderabad Cantonment Board officials who set their eyes on old grant bungalows are expecting huge revenue through the triennial revision assessment.

“We are expecting nearly Rs 3 crore revenue,” said SCB senior tax official.

Agreeing that most of the OGBs are using their open spaces for commercial purpose, the SCB official said tax department made assessment solely based on the commercial tariff

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No match to Telangana’s housing scheme in entire India: KT Rama Rao – ET RealEstate

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HYDERABAD: Municipal administration minister KT Rama Rao said that no other state in the country has taken up the housing programme like Telangana has done.

“No other state since Independence has taken up such a massive slum-free initiative in Hyderabad. The government has taken up construction of one lakh 2BHK houses at a cost of Rs 9,714 crore,” said KTR after inaugurating 324 2BHK houses in Vanasthalipuram. He formally handed over the keys to the beneficiaries on Wednesday. The houses in Vanasthalipuram were built at Rs 28 crore.

“The state spent around Rs 9 lakh on each flat. The market value of each flat ranges from Rs 40 lakh to Rs 50 lakh,” KTR said.

Earlier, the minister was not part of an inauguration of a project built under Strategic Road Development Programme (SRDP) in Malkajgiri Parliament segment.

At Wednesday’s event, TRS corporators who lost against BJP candidates in GHMC poll shared the dais with KTR. BJP corporators, who won the poll, did not attend the programme.

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