Begin typing your search...

Taj Banjara Seized: GHMC Seals Hotel Over ₹1.5 Crore Property Tax Arrears

GHMC seizes Taj Banjara in Hyderabad over ₹1.5 crore property tax arrears. Despite multiple notices, the hotel failed to respond, leading to its sealing. GHMC intensifies tax collection efforts, targeting major defaulters.

Taj Banjara Seized: GHMC Seals Hotel Over ₹1.5 Crore Property Tax Arrears

Taj Banjara Seized: GHMC Seals Hotel Over ₹1.5 Crore Property Tax Arrears
X

21 Feb 2025 12:17 PM IST

Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) seized the iconic Taj Banjara hotel on Thursday evening due to unpaid property tax arrears of ₹1.5 crore. Despite multiple notices, the hotel management failed to respond, leading to the sealing of the property.

GHMC Cracks Down on Property Tax Defaulters

Taj Banjara, previously operated through a partnership between GVK Group and Taj Hotels, faced management issues following the expiration of their contract. The hotel had outstanding property tax dues of ₹1.43 crore, with GHMC issuing multiple warnings over the past two years.

Officials revealed that GHMC has a total of ₹9,800 crore in pending dues, with only 13 lakh of the 19.58 lakh taxpayers in Hyderabad clearing their property taxes. In the previous financial year, GHMC collected ₹1,900 crore, setting a ₹2,000 crore target for this year. However, with only ₹1,450 crore collected so far, authorities have intensified their tax collection efforts, targeting high-profile defaulters like Taj Banjara.

The seizure operation was led by Jubilee Hills AMC Srinivasa Rao as part of GHMC’s aggressive tax recovery drive before the financial year ends.

Taj Banjara seizure GHMC property tax arrears Hyderabad hotel sealed by GHMC Taj Banjara tax dues GHMC crackdown on tax defaulters GVK Group Taj Banjara dispute Hyderabad property tax collection 2025 GHMC tax recovery drive Hyderabad hotel news today Taj Hotels Hyderabad news. 
Next Story
Share it