Property Tax Under CURE Act to Be Revised From April 2027

Hyderabad: Though the Core Urban Region (CURE) Act, 2026, came into force in October, property tax will be revised only from the next financial year, i.e., April 1, 2027.

The revision will be undertaken when guideline values are updated by the Revenue (Registration) Department, as property tax under the Act is assessed based on government value per square yard, also known as card value in Sub‑Registrar Offices.

“For assessment of new properties, the property value will be considered based on the guideline value fixed by the Revenue (Registration) Department, and property tax will be determined accordingly,” said an official from the Municipal Administration and Urban Development (MA&UD) Department.

Until the Corporation notifies its own rates, the applicable property tax rates are 0.15 per cent for residential properties, 0.75 per cent for non‑residential (commercial) properties, and 0.50 per cent for vacant land.

The existing property tax assessment will be treated as the base.

Where tax calculated on guideline value is higher, the annual increase will be capped at 10%, allowing a gradual transition to the revised level.

Tax relief has been provided for eligible owners‑occupied residential properties measuring less than 375 square feet, mostly belonging to the urban poor.

They will be subject to a nominal annual property tax of ₹101, with a 5% rebate available for payment of the full year’s tax before April 30.

The Act mandates strict action against illegal construction, with penalties ranging from 25% to 300% of the property tax.

“Payment of the penalty does not regularise unauthorized construction,” said an MA&UD official.

An online self‑assessment facility for new properties is available on the official websites of the Greater Hyderabad Municipal Corporation (GHMC), Cyberabad Municipal Corporation (CMC), Malkajgiri Municipal Corporation (MMC), and the My CURE App.

Property details can be submitted online, following which the Corporation will undertake inspection.

The Act provides a comprehensive legal framework for governance and administration within the Core Urban Region, covering municipal administration, taxation and revenue, building regulation, sanitation and waste management, public health, roads and infrastructure, licensing and related matters.

Advertisements and related activities will be regulated by the Advertisements Regulatory Committee, with corporation commissioners tasked to prevent unauthorised advertisements.