{"id":24163,"date":"2025-06-16T10:01:30","date_gmt":"2025-06-16T05:01:30","guid":{"rendered":"https:\/\/vglobenews.com\/?p=24163"},"modified":"2025-06-16T10:32:02","modified_gmt":"2025-06-16T05:02:02","slug":"land-rates-to-double-between-orr-and-rrr-telangana-govts-big-move-to-boost-revenue","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=24163","title":{"rendered":"Land Rates to Double Between ORR and RRR: Telangana Govt’s Big Move to Boost Revenue"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

RRR Windfall: Telangana Govt to Hike Market Value of Lands Between ORR and RRR<\/strong><\/p>\n\n\n\n

Hyderabad, June 16<\/strong> \u2013 In a significant move aimed at boosting state revenue and aligning land prices with rising real estate demand, the Telangana government is preparing to revise and increase the market value of lands, flats, and commercial properties<\/strong> situated between the Outer Ring Road (ORR)<\/strong> and the proposed Regional Ring Road (RRR)<\/strong>.<\/p>\n\n\n\n

With large-scale development projects such as Future City<\/strong>, Pharma Hubs<\/strong>, Industrial Clusters<\/strong>, and Young India Sports and Skills Universities<\/strong> taking shape within the RRR corridor, land demand in these areas has skyrocketed. However, the official market values remain disproportionately low, resulting in minimal registration revenue.<\/p>\n\n\n\n

According to sources in the Revenue and Stamps and Registration Departments<\/strong>, the state is now working on a proposal to substantially hike land values<\/strong>, especially in zones where prices have surged in the open market. In some areas, the government is contemplating doubling the existing market value<\/strong>.<\/p>\n\n\n\n

\n

\u201cLand rates have shot up due to rapid development in and around the proposed RRR. The current registration values don\u2019t reflect the real market scenario. By revising them, we not only ensure fair transactions but also boost government revenue,\u201d a senior official said.<\/p>\n<\/blockquote>\n\n\n\n

The move is also expected to curb the practice of undervaluation during property registration<\/strong>, which results in revenue loss to the exchequer.<\/p>\n\n\n\n

Final Decision Awaited<\/h3>\n\n\n\n

The Stamps and Registration Department<\/strong> is in the final stages of drafting the revised land values. These proposals will soon be sent to the Chief Minister’s Office (CMO)<\/strong> for approval. A formal notification will follow, post which the revised market values will be updated at all local sub-registrar offices<\/strong>.<\/p>\n\n\n\n

Although officials have refrained from disclosing the exact figures, insider sources indicate a sharp hike is imminent<\/strong>, particularly in strategically located zones between ORR and RRR that are witnessing a boom in residential townships, tech parks, and logistics hubs<\/strong>.<\/p>\n\n\n\n

Strategic Importance of the RRR<\/h3>\n\n\n\n

The Regional Ring Road<\/strong>, which will circle Hyderabad at a distance of 30 to 50 kilometers from the existing ORR, is being positioned as a game-changer in regional development. The RRR aims to:<\/p>\n\n\n\n

    \n
  • Decongest urban traffic<\/strong><\/li>\n\n\n\n
  • Promote satellite townships<\/strong><\/li>\n\n\n\n
  • Spur economic activity<\/strong> in the periphery<\/li>\n\n\n\n
  • Improve connectivity to national highways and industrial corridors<\/strong><\/li>\n<\/ul>\n\n\n\n

    With central and state governments jointly pushing for the RRR project under the Bharatmala<\/strong> scheme, land within this belt has become a magnet for both domestic and global investors<\/strong>.<\/p>\n\n\n\n

    Real Estate Impact<\/h3>\n\n\n\n

    Developers and landowners have already begun cashing in on the upcoming value revisions. According to realtors, the unofficial market rate in many areas between ORR and RRR has increased by 30\u201360% in the last year alone<\/strong>.<\/p>\n\n\n\n

    \u201cThis official revision will bring much-needed clarity and uniformity. It\u2019s also a signal for serious investors to act quickly before the new rates are notified,\u201d said a Hyderabad-based real estate consultant.<\/p>\n\n\n\n

    The revised market values, once approved, are expected to come into effect in the second half of 2025<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

    RRR Windfall: Telangana Govt to Hike Market Value of Lands Between ORR and RRR Hyderabad, June 16 \u2013 In a significant move aimed at boosting state revenue and aligning land prices with rising real estate demand, the Telangana government is preparing to revise and increase the market value of lands, flats, and commercial properties situated […]<\/p>\n","protected":false},"author":1,"featured_media":24161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,354,17,15,353,29],"tags":[],"class_list":["post-24163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-lifestyle","category-local","category-national","category-real-estate","category-telangana"],"yoast_head":"\nLand Rates to Double Between ORR and RRR: Telangana Govt's Big Move to Boost Revenue - VGlobe News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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