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The Telangana government has approved a hike in property registration values across major urban areas, particularly inside the Outer Ring Road, where nearly two-thirds of registration revenue is generated. The increase is expected to range between 30 % and 50 %, aimed at narrowing the gap between market prices and official registration rates. Committees led by additional collectors and supported by municipal authorities are preparing proposals for cabinet approval. A public feedback process will follow before implementation. Authorities estimate that this revision could add INR 2,000-2,500 crore in annual revenue for the state.
The Telangana government has cleared the way for a substantial increase in property registration values, particularly across Hyderabad's rapidly developing localities within the Outer Ring Road. This zone alone contributes close to two-thirds of the state's overall registration and stamp duty revenue. Advertisement
The revision, which officials have indicated could range from 30 % to 50 %, is intended to address the large disparity between existing registration values and current market prices. For instance, while buyers in areas such as Gachibowli, Kokapet, and the Financial District are paying up to INR 10,000 per square foot, the official rate stands at around INR 3,000.
Committees have already been set up in each district to assess the ground reality. Headed by additional collectors, and involving sub-registrars, municipal commissioners, GHMC, and HMDA representatives, these panels are tasked with collecting data on land, residential, and commercial property rates. Their findings will be compiled and forwarded to the state cabinet for approval.
Once the proposals are cleared, the government will invite objections and suggestions from the public. Officials have clarified that areas where registration values are already aligned with market prices may see little or no increase, and in some cases, rates could even be revised downward.
This is not the first such exercise. The state had last raised land and property values in 2021 after a long gap, followed by a hike in stamp duty from 6 % to 7.5 % in mid-2022. At that time, agricultural land values saw a steep jump, while open plot rates were doubled from INR 100 to INR 200 per square yard. Industry pushback stalled a similar proposal last year, but the state has now moved forward to recover revenue losses.
Officials estimate that the latest revision could bring in an additional INR 2,000-2,500 crore annually, strengthening the state's finances. They stressed that the revision is aimed not only at boosting revenue but also at ensuring greater transparency in transactions by aligning official values with real market trends.
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