hyderabad the telangana government is considering hiking property registration charges by 20 to 50 for both agricultural and nonagricultural properties if the cabinet approves the proposal the revised charges will come into effect from february 1 the proposal comes just six months after the state government increased property values for registration of all properties the registration and stamps rs department which is expected to get rs 10000 crore revenue in the current financial year will get another rs 3000 crore to rs 4000 crore after the hiked charges come into effectchief minister k chandrasekhar rao reportedly instructed the rs department to enhance the rates as property registrations have peaked in the past four months due to a real estate boom both in hyderabad metropolitan region and tier ii towns in the statethe government can revise values in urban areas for nonagriculture properties twice a year and once in two years for agriculture properties but the government decided to increase charges for agriculture properties too preliminary meetings are being held on the proposals especially on the extent of the hike these will be completed in the next few days a senior official of rs department told toi on fridayofficial sources said the government is focussing on the agricultural properties as land rates have gone up in the state since the formation of telangana especially after completion of various irrigation projectsfor instance after completion of kaleshwaram and konda pochamma sagar in siddipet land value shot up to about rs 50 lakh to rs 70 lakh for an acre while the value as per the registrations department is about rs 5 lakh a subregistrar saidafter an earlier revision the minimum value for agricultural land was fixed at rs 75000 per acre and the minimum value was fixed at rs 1000 per sq ft for flats for open plots the minimum rate was decided as rs 200 per sq yard all the rates came into effect from july 22 2021