Telangana Prepares for Major Property Registration Value Hike: Up to 100% Increase Likely
The Telangana Registration and Stamp Department is gearing up to boost land values by 20% to 100% based on current rates for property registrations across the state. A senior official from the department stated that if there is no significant real estate boom and registrations remain normal, the increase in land values for property registration will likely be around 20% to 30% in some areas. However, in areas where prices are rising sharply, the hike can be 100% or more, as reported by The Times of India.
According to the report, the hike could be particularly significant in the western parts of Hyderabad, including areas such as Kokapet, Gandipet, Mokila, Gachibowli, Gopanpally, Rajendranagar, Budwel, and Nanakramguda. For instance, in Kokapet, the government sold one acre of land for about Rs 100 crore. Meanwhile, developers have been selling flats at Rs 12,000 per square foot, while the government registration cost is only Rs 3,000 per square foot.
The report indicates that Gachibowli and Madhapur are in a similar situation, with government land registration values ranging between Rs 3,000 and Rs 4,500 per square foot. In Bachupally, the government registers flats for Rs 2,000 per square foot, whereas builders of new apartments are charging as much as Rs 7,000 to Rs 8,000 per square foot, according to the TOI report.
In Mokila, the government registers apartments at Rs 2,000 per square foot. For open plots, the prevailing market rate is at least Rs 1 lakh to Rs 2 lakh per square yard in Kokapet and Financial District areas, while the government registration rate is Rs 13,500 for residential areas and Rs 23,800 per square yard for commercial properties.
The report citing sources said that in Bachupally, the registration value for residential properties is Rs 12,600 per square foot, while the market rate is Rs 70,000 to Rs 80,000 depending on the locality. The government can increase land value by around 20% on existing rates in the eastern part of the city, such as along the Vijayawada Highway up to Choutuppal and Warangal Highway up to Yadagirigutta.
The revision in land market value aims to reduce the significant gap between government valuations and current market rates. For example, the government rate for agricultural lands in the Hyderabad Metropolitan Development Authority (HMDA) limits stands at Rs 5 lakh per acre, while the average rate per acre, even in remote villages, ranges from Rs 20 lakh to Rs 30 lakh. While registering property, buyers in urban areas have to pay 6% and those in rural areas 7.5% on the value of the property as registration and stamp duties. The TOI report also mentioned that government revenue from registrations of non-agricultural properties was Rs 15,200 crore in 2025-26. The latest target is Rs 19,000 crore, which is expected to be realized only after the revision of land values.
The original plan was to increase valuations only in the Hyderabad core urban regional area (CURE), but it was later decided to hike values across the state and include both agricultural and non-agricultural properties. The last revision was done almost four years ago.