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Buying a flat, plot or agricultural land in Telangana? New registration values are now in force, with rates rising by up to 100% in some high-demand locations
The revised rates came into effect on Friday and apply to agricultural land, residential plots, houses and apartments across the state. (AI Generated)
Buying land, plot or an apartment in Telangana will cost you more from today, with the state government rolling out revised market rates for property registrations across all 144 Sub-Registrar Offices (SROs). The move, officials say, is aimed at narrowing the gap between government-notified values and actual market prices.
The revised rates came into effect on Friday and apply to agricultural land, residential plots, houses and apartments across the state.
Why Has Telangana Revised Property Values?
According to Revenue Minister Ponguleti Srinivasa Reddy, the revision was carried out after studying market trends, registration data, land auction results and infrastructure-led growth in different regions.
The government said official registration values in several locations had fallen far behind prevailing market rates, creating distortions in property transactions. Officials also cited recommendations from economist Arvind Subramanian and assessments conducted by rural and urban market value committees.
How Much Have Rates Increased?
The revision has been implemented in four slabs — 25%, 50%, 75% and 100% — depending on the location and market conditions, according to reports by The Times of India.
The sharpest increases have been reserved for select high-demand areas, particularly within Hyderabad’s Outer Ring Road (ORR) zone and along major transport corridors.
Reports quoted government officials as saying that while most locations fall in the 25% to 75% increase categories, only a limited number of premium urban pockets have received the maximum 100% revision.
At the same time, around 10% of areas have seen no change because existing registration values were already close to market rates.
Which Areas Have Seen The Biggest Hike?
The largest increases have been recorded in fast-growing real estate hubs such as Kokapet, Raidurgam, Nanakramguda, Kongara Kalan and Budvel, according to Hyderabad Mail.
Agricultural land and plot values in some of these locations have doubled. In Kokapet, for instance, the government registration value for plots has risen from Rs 23,800 per square yard to Rs 47,600 per square yard.
Areas within and around the ORR, highways and radial roads have seen some of the steepest revisions. Several locations in Rangareddy and Medchal-Malkajgiri districts have also recorded increases ranging from 50% to 100%.
In Hyderabad, the revised plot value on Banjara Hills Road No. 1 and Road No. 12 has been fixed at Rs 1.16 lakh per square yard, reports said.
What About Flats And Apartments?
The increase for apartments has been relatively modest compared to land and plots.
According to Hyderabad Mail, apartment values have generally been revised upward by 10% to 20%.
The government has also rationalised valuation methods in some locations where rates differed across floors despite similar market conditions. Officials say uniform rates have been adopted in such areas to remove inconsistencies.
Agricultural Land Rates Also Revised
Agricultural land has seen some of the biggest revisions.
As per Hyderabad Mail, the state’s minimum agricultural land value has increased from Rs 1.75 lakh per acre to Rs 2.75 lakh per acre. However, the highest recorded agricultural land value remains unchanged at Begumpet Paigah, where it stands at Rs 35.29 crore per acre.
Rural regions in districts such as Karimnagar and Nizamabad have seen selective revisions, while several areas continue with existing values.
Will Registration Charges Increase Too?
No. The government has clarified that registration charges remain unchanged at 7.5%.
However, because the property’s official value has increased in many locations, buyers may end up paying more overall during registration.
People who have already paid registration fees but have not completed the registration process will have to pay charges based on the revised values. Those who booked slots earlier can pay the difference through the Bhu Bharati portal, said Hyderabad Mail.
What Happens Next?
The state government plans to review the revised values after six months. Officials will assess registration trends, study public feedback and identify areas that may require further changes.
A dedicated help desk has also been proposed to address public grievances and suggestions related to the revised property values.
FAQs
1. Why has Telangana revised property registration values?
The government says the revision is meant to bring official registration rates closer to prevailing market prices.
2. When did the new property rates come into effect?
The revised market values came into force on June 5 across Telangana.
3. How much have registration values increased?
Depending on the location, rates have been increased by 25%, 50%, 75% or 100%.
4. Which areas have seen the biggest hike?
High-demand locations around Hyderabad’s Outer Ring Road, including Kokapet, Raidurgam and Nanakramguda, have seen the sharpest increases.
5. Have registration charges also increased?
No. Registration charges remain unchanged at 7.5%, though buyers may pay more because property values have been revised upward.
About the Author
Nitya Thirumalai, News Editor at News18.com, writes on Indian and global politics as well as Formula 1. She was Google News Initiative-Columbia Journalism School Fellow in the inaugural Newsroom Leade…Read More
Telangana, India, India
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