The Telangana government has implemented revised land values for property registrations across the state from June 5, marking the first major revision in nearly a year. The new rates apply to both agricultural and non-agricultural properties.According to the government, the revision is aimed at narrowing the gap between officially notified registration values and prevailing market prices.
How much have rates increased?
The revised land values have been grouped into four slabs:
- 25 per cent increase
- 50 per cent increase
- 75 per cent increase
- 100 per cent increase
Officials said most areas fall under the 25 per cent, 50 per cent or 75 per cent categories. Only select high-value locations in Hyderabad’s core urban region, including land along the Outer Ring Road (ORR), highways, radial roads and premium localities such as Kokapet and Raidurg, have seen a 100 per cent increase.About 10 per cent of areas have witnessed no revision.
Why did the government revise land values?
Revenue Minister Ponguleti Srinivasa Reddy said the revision followed a scientific study and consultations with economists.“The former BRS govt had revised land rates twice during its tenure in 2021 and 2022, apart from enhancing registration charges from 6% to 7.5%. This revision is being implemented because of the widening gap between government land rates and market rates, which has been causing problems for people,” the minister said.Officials said surveys found that in some parts of Hyderabad, market values were 500 per cent to 600 per cent higher than official registration values.“The officials had recommended a steep revision, but CM Revanth Reddy directed the department to cap the maximum increase at 100% to avoid burdening people, especially given requests from the real estate industry,” an official said.
Will registration charges increase?
Ponguleti Srinivasa Reddy clarified that the government has revised land values but has no plans to increase registration charges.Speaking to reporters earlier, he said, “there is no plan to increase the registration charges.”The minister also criticised the previous BRS government for increasing registration charges from 6 per cent to 7.5 per cent.Reddy also said the government has fixed the minimum value of agricultural land at Rs 2.75 lakh per acre in rural areas and Rs 5 lakh per acre in municipal corporations. He added that the minimum land value per acre has been set at Rs 10 lakh within HMDA limits and Rs 15 lakh in the ORR region.
Areas impacted
Hyderabad’s western corridor, one of the state’s fastest-growing real estate markets, recorded some of the sharpest hikes. The biggest revision was in Raidurg Panmaktha, where registration values increased from Rs 13.84 crore to Rs 24.22 crore per acre.Madhapur and Khajaguda were also fixed at Rs 24.22 crore per acre. In the IT corridor, including Gachibowli, Guttala Begumpet, Raidurg Paigah, Nanakramguda and Izzatnagar, land values increased from around Rs 11-13 crore per acre to Rs 19-20 crore per acre.Kokapet and Narsingi also recorded substantial increases, with plot values now ranging between Rs 27,000 and Rs 47,600 per sq yard in key locations.Read more: Registration charges surge in city’s major growth corridorsMeanwhile, several mature residential localities in Hyderabad saw little or no change. Officials said residential colonies in many core city areas were capped at a 25 per cent increase.In some locations, rates remained unchanged altogether. These include areas such as Banjara Hills, Film Nagar, Himayatnagar, Hyderguda, Chikkadpally and Lower Tank Bund, along with several colonies across Hyderabad and Secunderabad.Officials said the revised framework categorises areas based on development levels, with separate benchmarks for rapidly developing zones, developing areas and locations where growth has stabilised.