CURE Bill changes formula, proposes steep hike in property tax
The proposed CURE Bill in Telangana seeks to change property tax calculations from a rental value basis to a percentage of market capital value. Homeowners fear this will lead to significant tax hikes, especially as the government has frequently revised property market values upward to boost revenue.
Why it matters
This shift represents a major change in urban taxation policy that could significantly increase the financial burden on residential and commercial property owners in Hyderabad.
The Core Urban Region (Integrated Governance) Bill, 2026, proposed by the Telangana government, is designed to serve a double whammy to home owners in the city, already grappling with market uncertainties precipitated by war in the Middle East, AI-induced job losses and the general downward trend in economy.
Instead of the existing formula for property tax calculation on the Gross Annual Rental Value providing for age-related depreciation on the building, the CURE Bill proposes to slap the tax as a percentage calculated on the capital value of the property, which is the market value enforced through the Registration & Stamps department.
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