Municipal authorities in Hyderabad on Friday sealed a five-star hotel owned by the Tata Group after it defaulted on property tax payments. The Taj Hotel in Banjara Hills, Hyderabad, was seized by the Greater Hyderabad Municipal Corporation (GHMC) over non-payment of property tax amounting to Rs 1.43 crore.
CREDIT: PTI
GHMC officials said the management of Taj Banjara had not paid the property tax for two years and, despite several notices, failed to clear the dues.
On Friday, GHMC officials seized the building located on Road Number 3, Banjara Hills, Hyderabad.
CREDIT: PTI
The crackdown seemed to have worked, as the Taj Banjara management paid the dues partially and promised to clear the remaining amount soon.
On Friday, Rs 55 lakh was paid by the management, which assured that the outstanding amount would be paid by March 10.
Taj Banjara Hotel in #BanjaraHills Seized
— Dilip kumar (@PDilip_kumar) February 21, 2025
Officials from @GHMCOnline seized the hotel for failing to pay Rs 1.43 crore in property taxes over the previous two years.
Hotel management did not respond despite multiple notices to pay taxes. Officials seized the hotel. pic.twitter.com/HPDmrVkcvv
Taj Banjara is part of Taj Hotels, a subsidiary of the Indian Hotels Company Limited under the Tata Group. Taj has over 250 hotels across the globe, of which around 80 are in India.
CREDIT: Taj Banjara
According to its annual report, during the FY 2023-24, Taj Hotels had a revenue of Rs 410.88 crore.
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