The Telangana government has proposed to limit land rates to 50% of the existing rates for registering non-agricultural properties, such as open plots, and 100% for agricultural properties. 

As the last modification occurred in august 2013 the Government initially planned to increase the land value for the registration of properties to 200%. The sources stated that a series of elections followed by the pandemic had not led to further revision over the last eight years. 

Telangana Revised Land Rates 

According to the proposals drawn up by the departments of R&S, the minimum open plot value would be revised to Rs 3,000 per square yard from the existing Rs 2,000 per square yard, for Hyderabad Metropolitan Development Authority (HMDA) expect the GHMC. The current rates will increase by 50% if the rates range from Rs 1,000 through Rs 10,000 and 40 percent for Rs 10,000 through Rs 20,000, and 30 percent for the property with a current value of Rs 20,000 or exceeding. 

The minimum value in the case of GHMC would also be revised to Rs 3,000 from the current Rs 2,000. The same as the case with HMDA, property with current value rises by 50% between Rs 2,000 and Rs 10,000, land values ranging from Rs 10,000 to Rs 20,000 by 40 percent, and land values climbed by 30 percent. 

The government suggested only Rs 100 increases on minimum (basic) charges for flats, as many developers would have urged the government not to increase flat registration values. The rate will be Rs 1,800 within the GHMC and Rs 1,700 outside the GHMC in the HMDA region. For property value (per sq.ft) up to Rs 4000 and 30 percent for properties above Rs 4000 per sq.ft, a 20% increase has already been suggested. 

Because of the multiple growths in market rates in the last seven years of agricultural properties, the lowest value is Rs 5 lakh per acre from Rs 2.5 lakh in HMDA limits.  

The irrigation facilities in all districts have improved after Telangana has been formed and land rates have also skyrocketed. A district registrar of the registrar's department said that there is a huge variation between the government rate and the market rate.  

The state suggested a 100% rise of the existing property values, from Rs 2.5 lakh to Rs 10 lakh and from 40 percent or Rs 20 lakh, based on the highest value, from Rs 10 lakh to Rs 1 crore, and 30 percent rise or Rs 1.40 crore, the higher the current agricultural land of Rs 1 crore.

By: Shailaja K