The Telangana Registration and Stamp department is gearing up to boost land value by 20% to 100% based on current rates for property registrations across the state.
A senior official of the Telangana Registration and Stamp department said that if there is no real estate boom and registrations are normal, the increase in land values for property registration will likely be around 20% to 30% in some areas. But in areas where prices are rising sharply, the hike can be 100% or more, as per a TOI report.
According to the TOI report, the hike could be higher in western parts of Hyderabad, including Kokapet, Gandipet, Mokila, Gachibowli, Gopanpally, Rajendranagar, Budwel and Nanakramguda. For example, in Kokapet, the government sold one acre of land for about Rs 100 crore. Meanwhile, developers have been selling flats at Rs 12,000 per sq feet, while the government registration cost is Rs 3,000 per sq feet.
The report indicates that Gachibowli and Madhapur are in the same boat, with the government land registration value ranging between Rs 3,000 and Rs 4,500 per sq foot. In Bachupally, the government registers flats for Rs 2,000 per sq foot, whereas builders of new apartments are charging as much as Rs 7,000 to Rs 8,000 per sq foot, according to the TOI report.
The report further mentioned that in Mokila, the government registers apartments at Rs 2,000 per sq foot. For open plot, the prevailing market rate is at least Rs 1 lakh to Rs 2 lakh per sq yard in Kokapet and Financial District areas, whereas the government registration rate is Rs 13,500 for residential areas and Rs 23,800 per sq yard for commercial properties.
The report citing sources said that in Bachupally, the registration value for residential properties is Rs 12,600, while the market rate is Rs 70,000 to Rs 80,000 depending on the locality. The report further mentioned that the government can increase land value by around 20% on existing rates in the eastern part of the city like Vijayawada Highway up to Choutuppal and Warangal Highway up to Yadagirigutta.
Why is the land market value likely to increase in the entire Telangana state?
The report mentioned that the revision in land market value aims to reduce the huge gap between the government valuations and current market rates. For example, the government rate for agricultural lands in the Hyderabad Metropolitan Development Authority (HMDA) limits stands at Rs 5 lakh per acre, while the average rate per acre, even in remote villages, ranges from Rs 20 lakh to Rs 30 lakh.
While registering property, buyers in urban areas have to pay 6% and those in rural areas 7.5% on the value of the property as registration and stamp duties. The TOI report also said that government revenue from registrations of non-agricultural properties was Rs 15,200 crore in 2025-26. The latest target is Rs 19,000 crore, which is expected to be realised only after revision of land values.
The report also said that the original plan was to increase valuations only in the Hyderabad core urban regional area (CURE), but it was later decided to hike values across the state and include both agricultural and non-agricultural properties. The last revision was done almost four years ago.
