Hyderabad: New Properties to Come Under CVS From Today
Old Properties to Be Assessed From Next April.
Hyderabad: The Capital Value System (CVS) for property tax, which is expected to significantly increase tax liability, will come into force from October 2 for newly constructed properties that have not yet been assessed.
For existing properties, the new system is likely to be implemented from the next financial year, 2027-28, beginning April 1, 2027.
The Core Urban Region (Integrated Governance) Act, 2026, will come into effect with the issuance of a Gazette notification on October 2, according to a source in the Municipal Administration and Urban Development (MA&UD) department.
Following its implementation, property tax is expected to increase substantially in the three municipal corporations falling under the Core Urban Region Economy (CURE) — GHMC, Cyberabad and Malkajgiri.
According to the source, property tax could double under the new system.
The CURE Act also provides for stricter enforcement of building permission and occupancy certificate norms as part of a new governance framework for Hyderabad’s metropolitan region.
Details of its implementation are expected to emerge in the coming days.
Under the Act, if a person fails to comply with a demolition order within the specified period, the building or the relevant portion can be demolished by the authorities.
The cost of such action can be recovered from the person concerned as arrears of property tax.
Occupancy Certificate (OC) norms have also been tightened. An official found providing electricity, water or other services to a building without an OC will be liable for disciplinary action, including removal from service.
The Core Urban Region (Integrated Governance) Act, 2026, will replace the Greater Hyderabad Municipal Corporation Act, 1955, which received Presidential assent on February 14, 1956.
The earlier law was framed for a compact city with a population of about 10 lakh to 15 lakh.
The Core Urban Region now has a population of around 1.30 crore, accounting for roughly a third of Telangana’s population.
The new Act seeks to address issues that were not envisaged under the earlier law and provide for improved municipal services, including grievance redressal, while creating a governance structure suited to the scale and complexity of the Hyderabad metropolitan region.
