Revenue and housing minister Ponguleti Srinivas Reddy during an extensive review of the stamps and registrations department at his office in the Secretariat on Friday, instructed officials to revise land rates according to current market values, ensuring that the middle class is not unduly
burdened.
Revenue chief secretary Naveen Mittal, stamps and registrations IG Jyothi Buddha Prakash, and other officials attended the meeting. Minister Reddy emphasized the need to update land rates in light of the significant increase in property prices in Hyderabad and across the state.