The Telangana government is preparing to revise market values for property registration from the end of May, targeting an additional revenue of approximately Rs 4,000 crore. The Registration and Stamps (R&S) department has initiated preparations to increase land values by 20% to 100% on existing rates across the state.
Revenue Targets and Current Rates
According to sources within the R&S department, revenue from non-agricultural property registrations stood at Rs 15,200 crore in 2025-26. The new target of Rs 19,000 crore is expected to be achieved only after the revision. Property buyers currently pay 6% in urban areas and 7.5% in rural areas as registration and stamp duties on the property value.
Scope of Revision
Initially, the plan was to increase values only in Hyderabad's Core Urban Regional Area (CURE), but it was later expanded to include both agricultural and non-agricultural properties statewide. The last revision was conducted almost four years ago. The move aims to narrow the significant gap between government-assessed values and prevailing market rates. For instance, the government rate for agricultural lands within the Hyderabad Metropolitan Development Authority (HMDA) limits is Rs 5 lakh per acre, whereas the average market rate, even in remote villages, ranges from Rs 20 lakh to Rs 30 lakh per acre.
A senior R&S department official stated, "If there is no real estate boom and registrations are normal, the hike in land values for property registration will be around 20% to 30% in some areas. However, in areas where prices have escalated, the hike will be 100% or more."
Areas with Significant Hikes
The hike is expected to be more pronounced 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, while developers sell flats at Rs 12,000 per square foot, yet the government registration value is only Rs 3,000 per square foot.
Similarly, in Gachibowli and Madhapur, government land values for registration are between Rs 3,000 and Rs 4,500 per square foot, while market rates are significantly higher. In Bachupally, the government registers flats at Rs 2,000 per square foot, but builders charge up to Rs 7,000 to Rs 8,000 per square foot. In Mokila, the government rate for apartment registration is Rs 2,000 per square foot.
For open plots, the prevailing market rate in Kokapet and the Financial District area is a minimum of Rs 1 lakh to Rs 2 lakh per square yard, whereas the government rate for registration is Rs 13,500 per square yard for residential properties and Rs 23,800 per square yard for commercial properties. In Bachupally, the registration value for residential properties is Rs 12,600 per square yard, while the market rate ranges from Rs 70,000 to Rs 80,000, depending on the locality.
Eastern Region Increases
In contrast, the government will increase land values by around 20% on existing rates in the eastern part of the city, such as along the Vijayawada Highway up to Choutuppal and the Warangal Highway up to Yadagirigutta.
