The New Indian Express 10.01.2014
GHMC Seizes Hotel's Assets for Tax Default
Greater Hyderabad municipal officials on Thursday seized four cars and furniture belonging to Sri Lakshmi Gayathri Hotels Private Ltd which owns Hotel Katriya at Somajiguda.
The hotel figured in the list of top property tax defaulters and owes `3.40 crore to the civic body. The cars that were seized include Toyota Camry 2.4, Honda CRV, Maruti Alto LXi and Hyundai Eon .
GHMC commissioner Somesh Kumar said that an amount of `3,40,03,108 was due towards property tax from Sri Lakshmi Gayathri Hotels (P) Ltd which runs Katriya at Somajiguda.
The management paid Rs 1 crore by three cheques and promised to pay the balance tax shortly.