Telangana Government is gearing up to increase the land values across the state from February 1st. A yard in the heart of the Banjara Hills in Hyderabad has valued at Rs 1.14 lakh per square yard, while the land in the Mulugu district is valued at only Rs 1,700. This means that the difference between the two regions is 67 times. In Banjara Hills Road No: 3, 1, Panjagutta areas, the value of a square yard is presently Rs. 84,500 has been increased to Rs. 1,14,100. The price for apartments here has been increased from Rs 7,600 per square foot to Rs 9,500.
In Masab Tank, Crossroads, SR Nagar, Khairatabad Ayodhya Hotel, Santha Nirankari to Rabindranath Tagore (Lakdi Ka Pool), AG Office Circle (Saifabad), Ameerpet Cross Roads, Panjagutta Rajiv Gandhi Circle, Erragadda Theresa Church, Bharatnagar Flyover, Umesh Chandra statue, the land value is hiked up to 1.14 Lakhs per square yard. In Srinagar Colony, the value of Rs 78 lakh per square yard is revised to Rs. 1,05,300. The value of the flats is revised from Rs 7,000 to Rs 8,800.
The value is also steeply increased in Nayapul, near Charminar. The vacant space per square yard here is currently Rs. 78,000 and has been increased to Rs 1,05,300. The value of the flats is revised from Rs 7,000 to Rs 8,800. In Hyderabad, Dudhbowli is valued at Rs 87,800, while in Rangareddy district, in areas like Miyapur, Chandanagar, and Raidurg, the land is valued at Rs. 52,700. In the Rangareddy district, prices were moderate in Shankarpalli, Keshampet, Chowdaryguda, Farooqnagar, Kondurg, Madgul, Kandukur, and Ibrahimpatnam mandals. High prices have been fixed at several places in the suburbs of Serilingampally, Rajendranagar, LB Nagar, and Ibrahimpatnam constituencies.