The Telangana government has announced a comprehensive revision of land market values across the state, with the new rates set to come into effect from June 5. The revised valuations have been determined through extensive field-level studies, registration trends, and prevailing market prices to ensure they reflect current realities on the ground.
The review was conducted across all 144 Sub-Registrar Office jurisdictions in the state, making it one of the most extensive valuation exercises undertaken by the government. Officials examined multiple factors including land demand patterns, recent auction results, emerging growth corridors, proximity to the Outer Ring Road (ORR) and Regional Ring Road (RRR), industrial development zones, new road infrastructure, and overall infrastructure expansion in various regions.
Market values for agricultural lands, residential plots, and flats have been rationalised as part of this exercise. The primary objective is to reduce the significant disparities that currently exist between government-fixed rates and actual market prices. This gap has been a longstanding concern, often leading to undervaluation in official records and affecting revenue collection.
In addition to land values, construction rates for both RCC (Reinforced Cement Concrete) and non-RCC buildings have also been revised. The government has taken into account the substantial increase in material and labour costs that have occurred since 2021, ensuring that construction valuations are aligned with current economic conditions.
Revenue Minister Ponguleti Srinivas Reddy explained that the exercise aims to improve transparency in land transactions throughout the state. The minister emphasized that aligning government valuations with market realities would benefit both buyers and sellers while simultaneously strengthening state revenues through more accurate assessments.
The Revenue Minister stated that the new valuation framework would create a more equitable system for property transactions. According to Ponguleti Srinivas Reddy, the revised rates reflect the government’s commitment to maintaining fair and transparent land registration processes while ensuring that official valuations keep pace with the dynamic real estate market in Telangana.
