Hyderabad's western corridor may see spike in property registration rates

Telangana government is considering a significant increase in property registration rates, potentially quadrupling them in Hyderabad’s upscale western corridor. Proposed revisions in areas like Raidurg and Gachibowli could see rates jump from around Rs 13 crore to Rs 55 crore per acre. This move aims to bridge the gap between market prices and current registration values, potentially boosting state revenue.

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