While the land price revisions were initially planned for January 1, the implementation was postponed until February 1 to allow further study of market values in various locations.

In some areas, the government’s proposed land value exceeds the current market price, prompting the first-ever downward revision of land prices in certain regions, according to Revenue Minister Anagani Satya Prasad.

He further mentioned that the government expects to receive a report by January 15, containing recommendations for both upward and downward adjustments in prices based on market conditions. “Land prices are anticipated to increase by 15% to 20%, depending on market trends. A similar reduction is expected in areas where discrepancies exist,” he explained.

The Minister also noted that the government is undertaking a thorough process to set land values through a rational method, unlike previous administrations that applied blanket increases. The Revenue Department has set a target of Rs 9,500 crore for the current financial year and is optimistic about meeting it. In revenue meetings, 1.7 lakh complaints were filed, with 11,000 resolved immediately, and work continues on the remaining issues.