The Hindu·3 min read·medium
CURE Bill changes formula, proposes steep hike in property tax
V
V. Swathi
✦AI Summary
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.
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.
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