Property Registration Values to Go Up from May First Week in Telangana

Hyderabad, April 25: The decision, taken by the cabinet sub-committee on resource mobilisation, marks the end of a year-long pause on the proposed hike.
Background
The revision, originally planned last year, was deferred due to the slowdown in the real estate sector and repeated appeals from real estate associations. With market conditions stabilising, the government has now decided to move ahead without further delay.
HILT Policy Implementation
Alongside the registration value revision, the Hyderabad Industrial Land Transformation (HILT) Policy will now be implemented. First announced six months ago, the policy had been pending due to the absence of clear guidelines. The HILT policy allows industrial landowners to change land use by paying a prescribed fee to the government.
Industry Consultations
Deputy Chief Minister Bhatti Vikramarka chaired a review meeting with ministers. He stated that the policy would be implemented in a democratic manner, with consultations involving industrial associations.
Several industrial representatives raised concerns about pollution and land use. Some suggested relocating polluting industries beyond the Outer Ring Road (ORR), a proposal welcomed by the deputy CM.
Future Plans
Under the undeveloped land (UDL) policy, Bhatti highlighted the need for joint development efforts involving the Centre, state, and industrial park representatives, including setting up industrial parks between the ORR and the Regional Ring Road.
Minister Sridhar Babu noted that the government remains flexible on the HILT policy and revealed that the new industrial policy mandates dormitory facilities for workers.