Sat Mar 29 07:00:00 UTC 2025: ## Telangana Government’s One-Time Settlement for Property Tax Yields Over ₹1000 Crores
**Hyderabad, [Date]:** The Telangana government’s one-time settlement (OTS) scheme for property tax arrears has proven highly successful, yielding over ₹1010 crore in revenue. The initiative, which offered a 90% discount on interest for property tax payments, mirrored a similar program previously implemented by the Greater Hyderabad Municipal Corporation (GHMC).
The state’s Municipal Administration Department announced the impressive collection figures. The OTS scheme, which applied to property taxes owed to corporations and municipalities across Telangana, was available to those who paid their outstanding dues plus 10% interest by March 31st. However, the department extended a grace period, allowing payments until March 31st, enabling citizens to still avail the substantial discount on late fees.
The department urged citizens to take advantage of the remaining days to settle their outstanding property tax. The scheme has been lauded for its effectiveness in boosting revenue and clearing up significant arrears.