Telangana Government implements revised market rates for properties

The Telangana Government, despite appeals from industry bodies to delay the launch, has gone ahead and executed updated market costs of properties in the state. The growth ranged anywhere between 25 per cent and 50 per cent depending on the type of property, with high-value land observing a maximum hike. Open plots and flats witnessed a lower revision. As per the official data, the land value in Kokapet's residential localities, an upcoming realty destination in the city, reached Rs.14,400 per sq yard. It was around Rs.10,000 per sq yard until recently. Reportedly, the new rates are believed to be much higher than that in a few cases. 

Contact: Telangana Government

Website: www.telangana.gov.in