Telangana Government’s Revision of Land Market Values: What It Means for Buyers and Sellers
The Telangana Government has introduced a major policy shift aimed at updating the Telangana land market value to align with actual land prices across the state. This move is designed to increase state income while bridging the gap between the current land market rates in Telangana and the prices quoted in real estate transactions. In a recent meeting led by Chief Minister A. Revanth Reddy and other key officials, the decision was made to adjust land values to better reflect true market conditions.
This impact of land value revision is expected to have a significant effect on the Telangana property market 2024, particularly in Hyderabad. With updated land values, the prices of properties in and around the city will be more reflective of their actual worth, leading to fairer transactions for both buyers and sellers. Additionally, the new land registration charges will simplify the buying process for investors, making it more predictable and transparent.
Skymarq by DSR’s exclusive, premium spaces are now an even more attractive investment, offering true value for high-end buyers. These adjusted land values will ensure that both buyers and sellers engage in fairer transactions, enhancing trust in the premium real estate market. The effect of land rate revision will provide greater transparency in pricing, making high-end properties like Skymarq by DSR at Puppalaguda a more straightforward and transparent investment.
Additionally, the infrastructure boost from increased revenue will further enhance Puppalaguda, adding more value to luxury developments in the area. By aligning prices with the market, the Telangana government land policy supports exclusive projects like Skymarq by DSR, making them a standout choice for those seeking luxury, exclusivity, and a long-term investment in one of the most sought-after locations in Hyderabad.