Property tax based on capital value to eliminate grafts: Botsa


TIRUPATI: The Minister of Municipal Administration and Urban Development, Botsa Satyanrayana, reiterated that the new resolution to levy a property tax on the basis of the value of capital was adopted only to remove corruption and middlemen from the tax process. .

Speaking to reporters after reviewing Tirupati Smart City development work with city officials here on Tuesday, the minister maintained that the percentage increase would be 0.10-0.20 on residential properties and 0, 20 to 2.00% on commercial properties, while on properties of less than 300 m². ft, which comprised only 25 to 30 percent of the state’s total homes, a nominal amount of Rs 50 would be collected.

Meanwhile, during the review meeting, municipal commissioner PS Girisha explained the status of the various development works undertaken in Tirupati within the framework of the Smart City project through a powerpoint presentation. According to him, the civic body took care of the construction of the overflight of Garuda Varadhi at a cost of Rs. 684 crore as part of the Smart City project.

He said a total of 80 development works were being carried out in the city and that the civic body gave high priority to creating recreation and lung spaces in the city. Within this framework, the MCT had developed the Prakasam and Padmavathi parks and had undertaken the beautification of Vinayak Sagar and other lakes in the city. The commissioner also mentioned the 25 MLD sewage treatment plant built in Thukivakam, from which the treated water would be supplied to industries.

Expressing satisfaction with the successful implementation of source waste collection and separation and waste treatment in treatment plants, the minister said that the state government will soon establish a power plant in Tirupati for the Rayalaseema region. .

Welcoming the civic body’s efforts to keep the temple city tidy and clean, the minister informed that the government has sanctioned an additional fund of Rs 183 crore for the overall development of Tirupati, in addition to the Smart City projects.


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