Hyderabad: Telangana will implement revised land values for property registrations across the state starting June 5, marking the first major overhaul in rates in nearly a year.The decision follows extensive field surveys and reports from sub‑registrar offices (SROs), with officials saying the revision is aimed at bridging the gap between govt‑notified rates and actual market values.Four slabs of revisionAccording to official sources, the new rates have been proposed in four categories—25%, 50%, 75% and 100% increases on existing registration values for both agricultural and non‑agricultural properties.“While the majority of property rates fall under three categories—25%, 50% and 75%—only a few areas in the core urban region within the Outer Ring Road, such as lands abutting ORR, highways, radial roads, and upmarket localities like Kokapet and Raidurg, will see a 100% jump,” a senior registration and stamps department official said. About 10% of areas under SROs will see no revision, with rates continuing unchanged based on prevailing market conditions.Field surveys revealed that in some parts of the core urban region, the difference between notified registration rates and market values was as high as 500% to 600%. “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,” another official explained.Govt’s rationaleRevenue minister Ponguleti Srinivas Reddy said the new rates were proposed after a “scientific study” and consultations with economists, including inputs from the Arvind Subramanian report.“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.He added that the slabs were determined after considering outcomes of govt land auctions, prevailing market conditions, and new infrastructure developments such as growth corridors, ORR, and the proposed regional ring road. “The revision slabs were decided based on areas under HMDA, the core urban region, and other parts of the city,” Srinivas Reddy added.
