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12/05/2017 - HMDA Land ASution near Hitech City and Gachibowli, Hyderabad
11/12/2016 - GO111 relaxation is under study says Telangana Government
11/12/2016 - Suspension bridge from Kavuri Hills to Inorbit Mall across Durgam Cheru Awarded to L&T
27/08/2016 - New Districts Formation in Telangana. Ranga Reddy cut to size! Chevalla loses out!
14/07/2016 - Hyderabad to have second Financial District - TSIIC hunts for land in Tellapur and Puppalaguda
18/06/2016 - Boeing flies into Adibatla Aerospace SEZ with Tata Group and sets up TATA Boeing Aerospace Limited
17/06/2016 - HMDA is ready with the preliminary feasibility study for the 290km Regional Ring Road in Hyderabad
12/06/2016 - Hyderabad Pharma City to be approved as a National Investment Manufacturing Zone
19/05/2016 - Apple's Offshore Development Center in Hyderabad Inaugurated
19/05/2016 - Alert! Land Registration Charge to be raised in Hyderabad and other hot locations
18/05/2016 - Apple set to inaugurate its First Offshore Development Center at Gachibowli in Hyderabad
06/05/2016 - Telangana to have 14 new Districts - Announcement expected on 2nd June
02/05/2016 - Tellapur Technocity Project - Developer asks Govt to let it develop 100 acres for which money was paid
14/04/2016 - Micromax Factory Starts Operations at Thukkuguda, Fabcity premises in Hyderabad
30/03/2016 - Amazon starts site development work at its Gachibowli Campus in Hyderabad
24/03/2016 - Wonderla Theme Park at Adibatla beside ORR, is expected to open in April
10/03/2016 - Key Points - The Real Estate (Regulation and Development) Bill
10/03/2016 - Cognizant to expand Facility in Gachibowli Hyderabad with 655 Crore investment
19/02/2016 - After Mumbai and Bengaluru, Hyderabad to get the third World Trade Center in India
16/02/2016 - Apple chooses Hyderabad for setting up its first Offshore Development Center
18/01/2016 - Retail Real Estate in Hyderabad booms, on the back of roaring food business! And Behungry will feed you while you save!
17/01/2016 - Booked Property with Mantri Group? Register it before any negative court order
10/01/2016 - Srisailam Highway posied to take off. A Business Standard Report
04/01/2016 - Last Date for BRS and LRS Extended till 31 Jan 2016
27/11/2015 - Uber to open its largest Technology Center outside of the US, at Hyderabad. Picks up 1.5Lakh sft space
26/11/2015 - Hyderabad Land Auction - Aurobindo Pharma buys land at the higest ever rate of Rs 29.28 crore per acre
10/11/2015 - Boeing Signs MOU with Tata Advanced Systems to make aerostructures for the AH-64 Apache choppers, in Adibatla
03/11/2015 - New LRS and BRS scheme is announced by the Telangana Govt. To apply before January 2, 2016
14/10/2015 - FIPB approves Helicopter Unit at Adibatla, Hyderabad by Indian Rotorcraft Ltd (JV of TATA and Augusta Westland)
03/10/2015 - Whre is Amaravathi Seed Capital Area?! Satellite Map and Pictures of Andhra Pradesh’s New Capital City
26/09/2015 - BRS & LRS is back! Building and Plot Regularization Scheme in Hyderabad to be announced soon!
29/08/2015 - NALA Tax burden to hit developers and buyers in Hyderabad. Highcourt dismisses writ petition filed by Developers against NALA Tax
27/08/2015 - Full List of 98 Smart Cities Announced by the Center on 27th August. Telangana has just 2 Smart Cities
30/07/2015 - Techwave Consulting to add 1000 IT employees in Hyderabad by 2016
24/07/2015 - Hyderabad to Get 20 new Multi Level Flyovers! City to Become Traffic Jam Free, in 2 Years
16/07/2015 - Boeing and Tata Advanced Systems sign pact for aerospace equipment manufacturing in Hyderabad
12/07/2015 - IKEA buyes 13 Acre land near Hitec City, Hyderabad for 250 Crore
06/07/2015 - Shifting of Secretariat & Assembly. The Govt. Targets Hitec City after Chest Hospital & Bison Ground were dropped!
06/07/2015 - Top 5 Locations in Hyderabad for Uber to build its $5Million Office Facility!
15/06/2015 - Micromax to Inevst 400 to 500 Crore at Thukkuguda E City on Srisailam Highway near ORR
11/06/2015 - Hyderabad Metro to Start work on 1 Million SFT Mall at Raidurg beside Bio Diversity Park
02/06/2015 - Pharma City in Mucherla near Hyderabad - Telangana Govt is Moving Ahead.
16/05/2015 - New Enterprise Associates (The World's Largest Venture Capital Firm) to invest $300 million in Hyderabad
12/05/2015 - Hyderabad Regional Ring Road may cause another land price boom in far outer villages
12/05/2015 - KTR gets Google invest $150Million on new Development Center in Hyderabad
12/05/2015 - Hyderabad to be the First Indian City to have Google Street View Implementation
08/05/2015 - DE Shaw agrees to epand operations in Hyderabad with $200M investment
03/05/2015 - Hyderabd reports highest rate of increase in office space absorption. Prime space rental shoots up
01/05/2015 - IKEA offers whopping Rs.19.21 Crore per Acre for 12 Acre land in Hyderabad, Raidurg Locality
29/04/2015 - HMDA loses relevance as it fails to bring-in revenue. Nobody around to weep for HMDA!

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Hyderabad News.NALA Tax burden to hit developers and buyers in Hyderabad. Highcourt dismisses writ petition filed by Developers against NALA Tax

Hyderabad News. Hindu 29.08.2015

(Excl Ventures News.)Since last several years all project developers (Plot layouts, villa layouts and even apartment complexes) were approved by HMDA with condition that the Non-Agricultural Land Assessment (NALA) tax will have to be paid based on a final decision by the courts.

Almost all real estate projects (under construction as well as completed) will now have to cough up crores as NALA Tax.

Projects under development may see plot and villa prices getting marked up.

This court order completely negates the Chief Minister''s commitment to do away with NALA Tax as announced by him at at the inaugural ceremony of the CREDAI exhibition at Hitex, in Septemeber 2004 (Check CM''s assertion at: http://exclventures.com/News/Newslink-11521.asp)
A Division Bench of the High Court at Hyderabad comprising Acting Chief Justice D.B. Bhosale and Justice S.V. Bhatt on Friday ruled that when layouts were sought to be prepared in agricultural lands, specific permission by the competent authority on payment of fee must be submitted.

The bench was upholding the provisions and application of the Andhra Pradesh Agricultural Land (Conversion for Non-Agricultural Purposes) Act, 2006, which prohibits conversion of agricultural lands into non-agricultural purposes, except with specific permission by the authority under the Act.

The bench dismissed the writ appeals filed by several real estate developers.

Developers contended that they need not pay the fee prescribed under this Act as they had already paid development fee to the urban development authority concerned, local body etc., The single judge dismissed the writ petitions. The present appeals were field challenging the judgment of a single judge.

The bench said just because development fee was paid to the local body, developers could not say they need not take permission for conversion of agricultural land for non-agricultural purposes i.e., construction of buildings.

Now the Urban Development Authorities, or the local authorities, as the case may be, could insist on submission of clearance/permission under the 2006 Act as a condition for releasing layouts. Permission would be granted after payment of fee to the Revenue divisional Officer concerned as per schedule.
Comment :

Standard Clause whih you will find in HMDA approvals of ALL Projects since last 4 to 5 years

QUOTE

The applicant has submitted interim orders from the honurable High Court dated -- -- -- in WP MP No: ----of Year ---- not to insist on production of No Objection Certificate from the authorities under the AP Agricultural Land (Conversion of Non Agricultural Purposes) Act, 2006 as pre condtion to the release of the layout. Applicant submited affidavit as per above orders of the High Court.

UNQUOTE

Q: Are both NALA Tax and Land Conversion Charges (Agricultural to Residntial or Commercial) payable?

A: Yes, both are payable since the stay on NALA Tax is removed by HC, by its order dated 28th Aug 2015

Aren't both NALA Tax and Conversion Charges the same?! If Yes, why collect twice?!

Well this is India! It happens only here! It's the same thing! Except that Conversion charge is payable to the town planning authority (HMDA or DTCP) whereas the NALA tax is payable to the respective revenue authority (Panchayat /Mandal or Municipality). The rate could be different.

The new Goverment was expected to resolve the issue but it hasn't done, though the CM had promised to abolish NALA tax

Keyword Tags Hyderabad News, NALA Tax

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