Hyderabad, After the revised land prices from the Telangana government came into effect on Friday, many areas have seen a sharp increase in prices. In some cases, the government market price (card value) of land, including agricultural land and flats, has nearly doubled. In Raidurgam, the rate for residential land has been increased from 26,700 rupees to 48,300 rupees per square yard, while commercial property prices have risen from 44,900 rupees to 78,600 rupees.
A similar change was observed in Khajaguda, where residential land prices increased from 32,000 rupees to 48,300 rupees per square yard, and commercial rates rose from 44,900 rupees to 78,600 rupees. Representatives from the real estate industry say that along with the increase in land prices, there should have been a reduction in stamp duty.
Currently, stamp duty and registration charges are 7.5 percent of the total property value mentioned in the sale deed. In the Gandipet mandal, which covers parts of the IT corridor, prices have also seen a notable increase. Areas like Narsingi, Kokapet, and Manchirevula, which were once outer small villages, have now become luxury housing hubs. The average sale price in these areas is over 1 lakh rupees per square yard, while before the revision, the government market prices were less than 15,000 rupees per square yard.
Raidurgam
Raidurgam is a historic neighborhood in Hyderabad, India, named after the Raidurgam Fort, which was built during the Qutb Shahi dynasty in the 16th century. The fort served as a strategic outpost guarding the western approach to the city and later became part of the larger Golconda kingdom’s defense network. Today, the area is a bustling urban hub, known for its IT parks and proximity to HITEC City, blending its historical roots with modern development.
Khajaguda
Khajaguda is a locality in Hyderabad, India, known for its scenic rock formations and ancient hillocks that date back millions of years. The area has a history tied to the Golconda Sultanate, with local legends suggesting it was once a hunting ground for the Qutb Shahi kings. Today, it is a rapidly developing residential and commercial hub, though conservation efforts seek to protect its unique geological and cultural heritage.
Gandipet
Gandipet, officially known as Osman Sagar, is a lake and popular picnic spot located near Hyderabad, India. It was built in 1920 by the last Nizam of Hyderabad, Osman Ali Khan, by damming the Musi River to provide drinking water and protect the city from devastating floods. Today, it serves as a serene recreational area and a vital water source for the region.
Narsingi
Narsingi is a rapidly developing suburb located in the southwestern part of Hyderabad, India, known for its transformation from a rural village into a major residential and commercial hub. Historically
Raidurgam Fort
Raidurgam Fort is a historic hilltop fortress located in the southwestern part of Hyderabad, India, dating back to the 13th century. It was originally built by the Kakatiya dynasty and later served as an important strategic outpost under the Qutb Shahi rulers, who used it to guard the city’s western frontier. Today, the fort is a popular trekking destination, offering panoramic views of the surrounding landscape despite its partly ruined condition.
Golconda kingdom
The Golconda kingdom was a medieval sultanate in southern India, flourishing from the 16th to the 17th century under the Qutb Shahi dynasty. It is renowned for its wealth, derived from diamond mining, including famous gems like the Koh-i-Noor, and for the majestic Golconda Fort, which served as its capital. The kingdom was later conquered by the Mughal emperor Aurangzeb in 1687, ending its independence.
HITEC City
HITEC City is a major technology and business district located in Hyderabad, India, established in the late 1990s to boost the region’s information technology sector. Its name stands for Hyderabad Information Technology and Engineering Consultancy City, and it was developed as a special economic zone to attract global tech companies. Today, it serves as a hub for numerous multinational corporations and startups, playing a key role in Hyderabad’s transformation into a leading global tech destination.
Osman Sagar
Osman Sagar, also known as Gandipet Lake, is a reservoir located near Hyderabad, India, built in 1920 during the rule of the seventh Nizam, Osman Ali Khan. It was constructed by damming the Musi River to provide drinking water to the city and to prevent devastating floods, following the great flood of 1908. Today, it remains a popular recreational spot and a vital water source for Hyderabad.
Musi River
The Musi River flows through the city of Hyderabad, India, and has historically been a vital water source for the region, supporting the development of the ancient Golconda kingdom and later the Qutb Shahi dynasty. In the 16th century, the river’s course was altered to create the Hussain Sagar lake, a major landmark. Today, the Musi is known for its frequent floods, including a devastating one in 1908 that led to major urban reconstruction in Hyderabad.
Qutb Shahi dynasty
The Qutb Shahi dynasty was a Persianate Islamic dynasty that ruled the Golconda Sultanate in southern India from 1518 to 1687. Founded by Sultan Quli Qutb-ul-Mulk, the dynasty is renowned for its architectural contributions, including the iconic Charminar and the Golconda Fort. Their reign ended when the Mughal emperor Aurangzeb conquered the region, marking the decline of Qutb Shahi power.
