
Under the new legislation, property tax will shift to the Capital Value System, under which tax will be calculated as a percentage of the property’s registration guideline value. | Photo Credit: Representational Photo
The Greater Hyderabad Municipal Corporation (GHMC) Act, 1955, which governed the GHMC and the areas under its jurisdiction, has become history with effect from October 2.
It has been replaced by the Core Urban Region (Integrated Governance) Act, 2026, or simply, the CURE Act, which provides the governance framework for the three municipal corporations in the CURE area: the GHMC, the Malkajgiri Municipal Corporation and the Cyberabad Municipal Corporation (CMC).
Officials said the Act had been published in the Telangana State Gazette, formalising the transition.
One of the major changes introduced by the CURE Act concerns the calculation of property tax. Under the GHMC Act, tax was calculated on the basis of a property’s Annual Rental Value. Under the new legislation, this will shift to the Capital Value System, under which tax will be calculated as a percentage of the property’s registration guideline value. The change is part of the urban reforms being pushed by the Union government.



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