Telangana revises land market values across state; new rates from June 5
HYDERABAD: The Telangana government has announced a comprehensive revision of land market values across the state. The new rates will take effect from June 5.
The revision covers agricultural lands, residential plots and flats in all 144 Sub-Registrar Office (SRO) jurisdictions. The government said the exercise will align official registration values with prevailing market rates and improve transparency in property transactions.
Revenue, Housing, Information and Public Relations Minister Ponguleti Srinivasa Reddy said officials carried out an extensive field-level study to address gaps between market prices and government-assessed registration values.
Statewide review of land values
The minister said the government launched a detailed review after it found major differences between market prices and notified registration values in several parts of the state.
Rural and urban valuation committees assessed local conditions across all SRO jurisdictions and recommended revised rates. The government also analysed registration trends, market prices, demand patterns and regional development prospects before finalising the new valuations.
Scientific methodology adopted
According to Ponguleti Srinivasa Reddy, officials carried out the exercise in line with the vision of Chief Minister A. Revanth Reddy. They also used recommendations from a report prepared by Arvind Subramanian.
Officials considered inputs from senior officers and findings from field studies. The minister said the government used scientific methods to ensure registration values better reflect market realities.
Government seeks to remove anomalies
The minister alleged that the previous Bharat Rashtra Samithi government revised land values without conducting comprehensive field surveys. He claimed officials undervalued some properties while assigning higher-than-market rates to others.
According to him, these discrepancies often complicated property transactions and registrations. The latest revision aims to create a more uniform valuation system.
Infrastructure projects factored into valuation
Officials considered several development indicators while revising market values. These included growth corridors, new road networks, industrial expansion and major infrastructure projects such as the Outer Ring Road and the Regional Ring Road.
The government also examined recent land auctions, urban expansion, demand trends and future development potential before finalising the rates.
Uniform apartment rates in selected localities
As part of the revision, the government rationalised apartment valuations in localities where floor-wise pricing had created anomalies.
It introduced a uniform valuation rate for flats across all floors in such areas. However, the minister clarified that the government did not increase rates in locations where market values were already significantly high.
Minimum base values fixed
The government fixed minimum base rates for agricultural lands, residential plots and flats in the Hyderabad Metropolitan Development Authority region, CURE areas and other parts of the state. Officials based the rates on development levels and prevailing market conditions.
Construction costs revised
The government also revised construction rates for RCC and non-RCC buildings.
Officials noted that authorities had not updated construction costs since 2021 despite rising prices of building materials and labour. The revision also reflects the upgrade of several municipalities into municipal corporations and the merger of gram panchayats into urban local bodies.
Expected impact
Officials said the revised valuations will improve transparency in land transactions, reduce discrepancies in property registrations and increase revenue collections.
They added that the changes reflect prevailing market conditions while minimising inconvenience for property owners and buyers.
