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The Telangana government is set to increase property registration values from the first week of May after holding rates steady for about a year due to weak market conditions. The revision aims to align government values with actual market prices and improve state revenue. At the same time, the government is reviving the Hyderabad Industrial Land Transformation (HILT) policy to enable conversion of industrial land through a structured process. While the move may raise transaction costs for buyers, it is expected to improve transparency and support better land utilisation across urban and industrial areas.
The Telangana government has decided to revise property registration values across the state, with the new rates scheduled to come into effect from the first week of May. The move comes after a detailed review by a cabinet sub-committee and follows a pause of nearly a year, during which the government had deferred any increase due to slow real estate activity and concerns raised by developers. Advertisement
The revision will apply to agricultural land, residential properties, and commercial assets. Officials have been directed to complete the groundwork required for implementation, including updating guidance values and preparing the registration system for the change. The objective is to bring official property values closer to prevailing market rates, as a wide gap had developed in several locations.
In many areas, especially in and around Hyderabad, market transactions were being carried out at values significantly higher than the government’s benchmark rates. Earlier internal assessments had indicated that the increase could range between 30% and 50% in select high-growth corridors. This gap had also led to revenue leakages, as stamp duty and registration charges are calculated based on government-notified values.
The decision to move ahead now comes as the property market has shown signs of recovery over the past few months. Residential demand in key micro-markets, particularly in western Hyderabad, has improved, supported by infrastructure growth and steady end-user demand. The government had earlier postponed the revision multiple times after industry stakeholders flagged concerns about timing and affordability.
In addition to the revision in registration values, the state is also reviving the Hyderabad Industrial Land Transformation (HILT) policy. The policy is aimed at allowing industrial landowners to convert land use by paying a prescribed fee, thereby unlocking underutilised land parcels. The framework is expected to provide clarity on conversion charges, eligibility, and compliance requirements.
The HILT policy had remained pending due to the absence of detailed operational guidelines. With its revival, the government is expected to consult stakeholders to finalise implementation norms. The policy is seen as a step towards planned urban expansion, especially in areas where industrial land is no longer being used for its original purpose.
At present, property transactions in Telangana attract around 6% in statutory charges, including stamp duty, transfer duty, and registration fees. Any increase in registration values will directly raise the overall cost of property acquisition for buyers. This could lead to a short-term impact on transaction volumes, particularly in price-sensitive segments.
However, the revision is also expected to reduce the practice of undervaluation in property deals and improve transparency in the registration process. The last major revision of property values in the state was carried out in 2022, and such updates are typically undertaken periodically to reflect changes in market conditions.
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